The belief that pay hikes and bonuses have became extinct after recession is not true any more.

After employees of American Electric Power and its subsidiaries, including Appalachian Power, were made eligible for pay increases and bonuses, it was the turn of Verizon Wireless‘ 100-plus West Virginia employees.

From Dailymail.com:

Bonuses ranged from 8 to 10 percent of the employee’s salary and are based on Verizon Wireless’ overall performance in 2010, said company spokeswoman Laura Merritt.

In addition to a bonus, employees will be receiving merit increases on March 20.

Merritt said that like the bonuses, merit increases are based on performance. Also coming next month: A profit-sharing payout. “Eligible employees will receive a contribution of 2.5 percent of their salary,” she said.

“In light of what we’ve seen the last couple of years with the economy, employees really appreciate working for a company that’s solid financially and appreciates its employees,” Merritt said.

Merritt said Verizon Wireless also has an attractive benefits package that includes a 401 (k) plan with a 6-percent match; tuition assistance of up to $8,000 a year; and an adoption benefit of up to $10,000 per adoption.

In every sense of the world, it would not be wrong to say that youth and success complements each other. The recent success of young entrepreneurs and sportsmen and many more have rightly justified this truth before one and all.

It would not be wrong to say that the modern youth has completely revolutionized the world for the better. The active participation of youth in different spheres of life such as administration, politics, management, and sports has surprised all who were previously underestimating the power of youth.

One could not undermine the fact that it has been the youth that has been able to stand tall against tough competition and high expectation amidst these tough times of recession in relevance to the business world. It would be surprising for you to read that most of the youth-owned businesses were unchallenged by the recent big tides of recession.

The fact that youth and success complements each other gets better understood by the fact that the presence of youth was greeted by even the old stalwarts and market gurus. This was simply because while the old stalwarts offer experience, the youth offers generation of new and innovative ideas, which are completely unique to them.

To conclude, it would not be wrong to say that youth and success are inter-linked and offer great hopes to the world by meeting their expectations to deliver better and effective results.

In these tough times of recession, there have been many stories of failures but you will be amazed to know that most of the successful businesses during these times are owned by young entrepreneurs. The market is obviously confused as to how the young minds have been able to sustain their businesses when the old stalwarts have failed to deliver.

In this article, we would find out how and why these young entrepreneursbattle of the fittest have been able to defy all odds against them and win the .

Most of these young business owners displayed a bent for creating and maintaining an effective online business presence and this is exactly what allowed them to go past the “big waves of recession” to create an effective niche. They have justified the statement, “When the going gets tough, the tough gets tougher.” These business owners were not only able to sustain their business operations but also witnessed substantial profits and returns on investment in every business operation.

The underlying fact is that only an effective online presence can guard a modern-day business from the unpredictable risks of the market. In addition to that, an online business is able to do its normal operations at reduced operational costs when the need for the same arises, like in today’s times. These young entrepreneurs have turned their brick-and-mortar businesses into big-line businesses with their simple but highly effective business approach to become idols of many including the old stalwarts.