EXHIBIT 10.g


                               SUNBEAM BONUS PLAN

ELIGIBILITY:                 All exempt and non-exempt employees. Note:
                             "hourly" production workers, Operating
                             Committee members and certain other
                             executives are not eligible to participate.

PLAN DESIGN:                 1. Each fiscal year, the Operating Committee
                             will establish a minimum level of acceptable
                             performance, below which the Bonus Pool will
                             be zero. Performance of the corporation will
                             be expressed in terms of Earnings Per Share
                             (EPS).

                             2. All payouts under the Plan are
                             discretionary and any payments under the
                             Plan must be authorized by the Operating
                             Committee.

                             3. All payments will be in cash, paid during
                             the first quarter following the end of the
                             fiscal year.

TARGET BONUS POOL:           The target bonus pool will be the sum total
                             of each participants target bonus amount.
                             The actual earned bonus pool will be determined
                             at fiscal year end by comparing actual
                             financial performance to targeted
                             performance as determined by the Corporate
                             Business Plan. No bonuses will be paid if
                             the Company fails to reach its minimum
                             objectives.

TARGET PAYOUTS:              EXEMPT - a percentage of base earnings


                             NON-EXEMPT - a flat dollar amount

PAYOUT PARAMETERS:           1. below minimum performance standard = 0
                                payout
                             2. minimum payout threshold = 75% of target
                             3. maximum payout limit = 200% of target

                             Individual Payouts

                             1. four (4) quantitative objectives established
                                for each employee
                             2. objectives reviewed by supervisor
                             3. payouts will be determined by a
                                combination of Company EPS performance and
                                individual performance against mutually
                                agreed upon goals & objectives


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                             1997 SUNBEAM BONUS PLAN
                             Self Funding Structure

===============================================================================
EPS*                                    Available % of Target Bonus
-------------------------------------------------------------------------------

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$1.39 or less                           0%
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$1.40 - $1.49                           75%
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$1.50 - $1.59                           85%
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$1.60 - $1.69                           100%
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$1.70 - $1.79                           120%
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$1.80 - $1.89                           140%
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$1.90 - $1.99                           160%
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$2.00 - $2.09                           180%
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$2.10 or more                           200%
===============================================================================


* Earnings per share (EPS): Basically, net sales minus total cost of doing
business (overhead, materials, direct labor) equals operating profit. operating
profit minus taxes and debt expense equals net earnings. Net earnings divided by
outstanding shares of stock equals EPS.

What does this mean to me? If our sales go up and/or if our expenses and debt
are reduced, then earnings per share (and the value of Sunbeam stock) goes up.

EXAMPLES:

At the end of 1997, the EPS is $1.65. 100% of the target bonus
is available for payout.

If the EPS is $1.37, then our minimum threshold was not reached and therefore,
there will be no bonuses.

If the EPS is $2.58, then the maximum 200% of target bonus will be available for
payout.

Remember, once the Company performance has established the available bonus
amount (e.g., 100% of target in our first example and 200% of target in our
third example), your INDIVIDUAL bonus will be determined by your performance on
your four (4) objectives.