Toyota Motor union demands record 2024 bonuses – Nikkei
TOKYO (Reuters) – Toyota Motor Corp’s labour union is set to demand its biggest annual bonus on record worth 7.6 months of pay, exceeding the previous high of 7.2 months,…
TOKYO (Reuters) – Toyota Motor Corp’s labour union is set to demand its biggest annual bonus on record worth 7.6 months of pay, exceeding the previous high of 7.2 months,…
ZURICH (Reuters) – Switzerland’s financial regulator wants to discuss the ability to claw back bonuses from bankers as part of stronger powers following the fall of Credit Suisse and sale…
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the…
CARACAS (Reuters) – Colombian President Gustavo Petro, visiting Venezuela on Saturday, said he had proposed to the United States that it pay an “economic stabilization” bonus to Venezuelan migrants who…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to…
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming services will pay bonuses of roughly $40 million per year as part of the tentative labor agreement reached between the…
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a bank savings account would, Goldman…
By Lananh Nguyen NEW YORK (Reuters) – U.S. investment bankers who advise companies on deals can expect their bonuses to sink 20% to 25% this year as markets stay subdued,…
Air Force Shells Out Huge Bonuses To Keep Pilots Amid Severe Personnel Shortage Micaela Burrow on June 6, 2023 The U.S. Air Force is issuing $50,000 bonuses to experienced pilots…
ZURICH (Reuters) – Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following an order issued on Tuesday by the Swiss Finance Ministry.…
FBI Used Cash Bonuses To Encourage Agents To Wiretap More Americans, Whistleblower Says Laurel Duggan on May 18, 2023 The FBI’s bonus structure encourages agents to arbitrarily use law enforcement…
HONG KONG/SHANGHAI (Reuters) – Dealmakers at China International Capital Corp (CICC) will see bonuses slashed by as much as 40%, three sources said, in one of the financial sector’s biggest…
(Reuters) – First Republic Bank said on Wednesday all its executive officers have decided to take no annual bonuses for 2023, and founder and Executive Chair Jim Herbert will draw…
Oil CEOs See Massive Bonuses Amid Record Profits John Hugh DeMastri on March 10, 2023 The pay packages for the chief executives of British oil giants BP and Shell skyrocketed…
SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms with strong profits to help…
WASHINGTON (Reuters) – Southwest Airlines Chief Operating Officer Andrew Watterson said on Thursday the company will cut executive bonuses following the carrier’s high-profile operational meltdown in late December that left…
Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT John Hugh DeMastri on December 16, 2022 Goldman Sachs is planning to cut thousands of employees and potentially…
By Dan Peleschuk KYIV (Reuters) – Ukrainian atomic energy agency Energoatom said on Wednesday it would offer higher bonuses to staff at the Russian-occupied Zaporizhzhia nuclear power station who remain…
(Reuters) – Goldman Sachs Group’s bonus pool for senior employees is expected to shrink by as much as half, news platform Semafor reported on Thursday, citing people familiar with the…
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%,…
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Wall Street investment bankers can expect much smaller bonuses this year as the economy slows, according to projections published on…
(Reuters) – Payment processor Mastercard Inc will link all employee bonuses to environmental, social and corporate-governance (ESG)initiatives, expanding an earlier program which was limited to its senior executives, Chief Executive…
-Goldman Sachs Group Inc is exploring measures such as seizing vested pay to dissuade top bankers from leaving, Bloomberg News reported on Wednesday, citing people familiar with the matter. The…
By Tetsushi Kajimoto TOKYO – More than two-thirds of Japanese firms don’t plan to raise base salaries at this year’s labour talks, a Reuters poll showed, with pay increases more…
ORLANDO, Fla. – Today, Governor Ron DeSantis announced $400 million in new funding proposals to increase the salaries of Florida’s state law enforcement officers, correctional officers, and state special risk…