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No bonuses at MGM MIRAGE Inc

Oct 21, 2008 5:01 PM

by Ray Poirier | MGM MIRAGE Inc. (MGM) has advised its executives and employees that a year-end bonus based on the company’s operating projections is unlikely.

A company official said the word was being spread among the employees earlier rather than later so that they won’t be looking for a bonus that might have been paid had certain operating goals been met.

Current projects, said Gordon Absher, vice president of public affairs, indicated that the bonus goals will be beyond the company’s operating projections.