AIG’s recent decision to cancel 160 meetings and conferences, including recognition events, begs the question: Does a company have a legal obligation to provide alternative rewards to the qualifiers of canceled incentive trips? Not in most cases, according to 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 ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only unlock thePrinter-friendly, you'll also gain access to exclusive premium content.

Already registered? here.