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· 12/20/1956

Jensen v. Stauffer Chemical Co.

Citations

  • 3 A.D.2d 647
  • 158 N.Y.S.2d 197
  • 1956 N.Y. App. Div. LEXIS 3483

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that “Costello had no vested interest in the additional compensation until the end of the production period, when all appropriate adjustments were made in conformity with the incentive production plan”
  • holding that employee does not acquire a vested right to payments until after adjustments or conditions have been met pursuant to the terms of the agreed-to bonus plan
  • finding that incentive pay that depended on the overall output of department did not constitute a “wage”; incentive pay is not a “wage” until it is actually earned and vested
  • incentive plan tying an. employee’s bonus to overall output rate of the department fell outside the purview of section 190
  • “The term ‘wages,’ despite its broad definition does not encompass an incentive compensation plan.”

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.