AIG's recent decision to cancel 160 meetings and conferences, including recognition events, begs the question: What are a company's legal obligations to the qualifiers of a canceled incentive trip? Not much, say the meetings industry attorneys we talked to. “In my opinion, an incentive trip is not ‘compensation earned’ in the same way that salary is,” says Jim Goldberg, Goldberg & Associates, Washington, D.C. “Rather [it] is a discretionary corporate award, which can be changed or ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only gain access to Printer-friendly, you'll get exclusive access to a large archive of premium content.

Already registered? here.