Switzerland cuts bonus payouts for Credit Suisse bosses Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already … Business • 06 Apr
Switzerland curbs bonus payouts at Credit Suisse Swiss authorities imposed curbs on bonus payments for Credit Suisse employees, a move that will penalise bankers after a multi-billion-franc state rescue of the bank. Business • 22 Mar
Banker bonuses go from boom to bust in jarring reversal Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at … Business • 22 Dec 22
Ikea pays out €110m in Covid bonuses Ikea will pay a total of €110m in bonuses to employees worldwide as reward for their work during the pandemic, Ingka Group, the company that … Business • 29 Oct 21
Health insurance, pensions among benefits workers want Health insurance, pensions and paid sick leave are among the top benefits sought by employees from their employers, new research has revealed. Business • 24 Aug 21
British bank bosses take pay cuts amid virus fallout Top executives at British lenders HSBC, Standard Chartered and NatWest have said they would take salary cuts after pressure on bankers to show solidarity with … Business • 09 Apr 20
Applegreen to defer bonuses and withdraw dividend Fuel forecourt and service station operator Applegreen has said its footfall and volumes have been impacted in the last two weeks as governments and customers … Business • 24 Mar 20
Ryanair AGM narrowly approves bonus plan for O'Leary Ryanair shareholders have narrowly approved a bonus scheme for Chief Executive Michael O'Leary that could earn him around €100m over five years. Business • 19 Sep 19
John Lewis Partnership profits down 45% in 2018 Britain's John Lewis Partnership said it expected 2019 to remain challenging after it reported a 45% drop in full-year profit, dragged down by the "near … Business • 07 Mar 19
Ryanair offers €12,000 bonus to pilots to give up leave Ryanair has offered to pay bonuses of up to €12,000 to pilots who agree to give up annual leave entitlements to plug gaps in the … Business • 19 Sep 17
BA gives staff payout after missed bonus payments British Airways is set to give out £400 to staff members plus a free return flight to make up for lower bonus payments, Bloomberg has … Business • 21 Mar 17
Switzerland's UBS cuts its bonus pool by 17% UBS cut its bonus pool by 17% in 2016 to 2.9 billion Swiss francs ($2.9 billion) after full-year net profit almost halved at Switzerland's biggest … Business • 10 Mar 17
No 2016 cash bonuses for 8 senior Wells Fargo bosses Wells Fargo said eight senior executives, including chief executive Tim Sloan and chief financial officer John Shrewsberry, will not receive cash bonuses for 2016. Business • 01 Mar 17
No Standard Chartered dividend, but bonus raised Standard Chartered said it would not pay a dividend for 2016 due to restructuring costs, but increased its staff bonus pool by 5%. Business • 24 Feb 17
Banks' scheme to avoid bonus tax ruled unlawful The UK Supreme Court has ruled a "contrived" scheme used by Deutsche Bank and UBS to allow the banks and their bankers to escape £135m … Business • 09 Mar 16
Deutsche Bank set to cut bonuses after record loss Deutsche Bank is sharply cutting 2015 bonuses as it expects a record loss for the year due to writedowns, litigation charges, restructuring costs and tough … Business • 25 Jan 16
Ervia unions to refer bonus payments to LRC Ervia's group of unions has referred the company's decision not to pay controversial bonuses awards to Irish Water workers, to the Labour Relations Commission. News • 28 Jun 15
British bankers may have bonuses taken years later Top bankers in Britain could have their bonuses clawed back a decade after they were awarded under proposals from the country’s regulators, would make industry … Business • 23 Jun 15
Burton critical of NAMA developer incentive scheme Tánaiste Joan Burton has described as an appalling idea the suggestion that developers dealing with NAMA would get bonuses. News • 21 Dec 14
Bumper pay packet for EasyJet CEO McCall Easyjet boss Carolyn McCall received pay and bonuses worth £7.7m despite deteriorating levels of customer satisfaction and punctuality. Business • 05 Dec 14
Action not ruled over Irish Water bonus move SIPTU has said that it has not ruled out industrial action following Irish Water's decision to withhold employee bonuses for 2013 and 2014. News • 19 Nov 14
Tesco bosses' bonuses under threat Tesco's new chief executive has said his bonus is under review as he tries to turn the ailing retailer around. Business • 26 Oct 14
RBS bonus plan over-ruled to avoid controversy Britain has over-ruled plans by Royal Bank of Scotland to pay some staff bonuses worth twice their basic pay to avoid a major public controversy. Business • 21 Oct 14
Poor performance sees Samsung bosses return bonus Nearly 200 managers at Samsung Electronics' mobile division have voluntarily returned a quarter of their first-half bonuses, a source with direct knowledge of the matter … Business • 18 Jul 14
Sports Direct shareholders approve Ashley bonus Shareholders in Sport Direct approved a bonus plan that could pay out £200m to employees including the retailer's founder and major shareholder Mike Ashley. Business • 02 Jul 14
