MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, February 18, 2004 Boosting Morale At Putnam Through Cash In another one of its many efforts to retain key staff in the wake of the mutual fund trading scandal engulging it, Putnam Investments shelled out bigger bonuses a month earlier than usual yesterday, and dropped no-compete clauses from contracts offered to new employees, Bloomberg reports. Putnam also stopped extending some of its senior managers' bonuses over five years. Officials at the comapny said both moves aim to boost employee morale. Printed from: MFWire.com/story.asp?s=6683 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |