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Paychex Bonuses Slashed

Judge received a nominal increase in salary to $915,000 from $908,606. But his bonus was only $320,250, down from just under $1.1 million for fiscal 2008. His option awards fell to just under $1.5 million for the most recently ended year, down 17.6 percent from $1.79 million the prior year. Meanwhile, total compensation for SVP John M. Morphy dropped to $1.18 million, down 13.5 percent from $1.37 million a year ago. His 2009 bonus of $87,849 compared to $296,851 for fiscal 2008. Pay for SVP Martin Mucci declined to $922,214, off 21.4 percent from $1.1 million. His 2009 bonus was $85,601, down from $286,550 for 2008.
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