Tag: Bonus

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Bonus reforms ‘biggest shake-up of UK corporate governance in years’

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The government plans to make it easier to clawback bonuses paid to executives of failed companies in what is being billed as the biggest shake-up of Britain’s corporate governance rules in decades, with ministers vowi...

‘Peanuts’: Deliveroo riders unimpressed by company’s bonus offer

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London float to give founder Will Shu cash and shares worth £530m, with riders set to share £16m Deliveroo riders have raised concerns about low pay as the company prepares for an £8.8bn flotation that will hand its f...

Foxtons faces backlash by shareholders over CEO’s near-£1m bonus

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Foxtons is facing a shareholder backlash over a decision to award a near-£1m bonus to its chief executive while refusing to pay back millions of pounds in taxpayer-funded government support to weather the Covid-19 pan...

European Super League clubs promised €200m-€300m ‘welcome bonus’

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The 12 football clubs that have signed up to a European Super League breakaway competition have each been promised a €200m-€300m “welcome bonus” by JP Morgan Chase, the US investment bank financing the controversial p...

Spire Healthcare boss awarded bonus worth over £300,000 after NHS takeover

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The boss of a private hospital company has been awarded an annual bonus worth more than £300,000 after the business he leads benefited from an emergency NHS takeover worth £360m during the pandemic. Spire Healthcare G...

Foxtons to award chief near-£1m bonus despite investor revolt

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Foxtons has been hit by a pay revolt after 44% of its shareholders failed to back the award of a near £1m bonus to its chief executive while refusing to pay back millions of pounds in taxpayer-funded government suppor...

‘Obscene’ bonus hike for AstraZeneca boss prompts investor anger

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AstraZeneca is facing mounting opposition over its plans to award its chief executive, Pascal Soriot, a big increase in bonuses, with three investor advisory groups calling on shareholders to vote against the policy. ...

Indivior faces shareholder revolt over ex-chief’s bonus

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Indivior faces the threat of a shareholder revolt over the drugmaker’s decision to maintain bonus payments for its British former chief executive, who was jailed last year in a case related to the US opioid crisis. S...

Train firm’s ‘worker bonus’ email is actually cybersecurity test

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A rail union has hit out at a “cynical and shocking stunt” after a train company emailed staff to promise a bonus to workers who had run trains during the pandemic – only to reveal it was in fact a test of their cyber...

Nearly 40% of AstraZeneca investors reject boss’s bonus rise

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AstraZeneca investors narrowly approved pay package proposals for its chief executive, Pascal Soriot, after nearly 40%voted against the policy, which could hand him payand perks of up to £17.8m for 2021. At the compan...

Cupid’s needle? UK under-30s wooed with dating app vaccine bonus

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First came the idea of making Covid vaccinations mandatory to go to the pub, while Israel offered free pizza and beer with a shot. Now UK officials have hit on what they hope is an even more persuasive reason for youn...

Morrisons chief risks ire of shareholders over £1.7m pandemic bonus

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This week’s pay row comes at Morrisons. Or, at least, one assumes a few of the supermarket group’s shareholders will rouse themselves to protest against the remuneration committee’s dubious manoeuvre on executive bonu...

JD Group boss defends bonus despite retailer accepting Covid support

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The boss of the retailer JD Group has defended receiving a multimillion-pound bonus during the coronavirus pandemic at the same time as the firm accepted more than £100m in government support. Peter Cowgill, the execu...

Warhammer maker Games Workshop hands staff £5,000 bonus after lockdown sales surge

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Warhammer retailer Games Workshop is handing its shop workers, model makers, designers and support staff a £5,000 bonus after sales and profits surged during the pandemic. The Nottingham-based company behind the popul...

Talking Horses: Fairmac can keep Curtis on course for six-figure bonus

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Tommy G is the last horse standing with a chance of picking up the £100,000 bonus for winning at all three Sunday Series fixtures after Rising Star was scratched from the fillies’ handicap at Haydock Park on Sunday du...

Pret to restore staff bonus after workers threaten strike action

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Pret a Manger has rowed back on plans to slash staff bonuses in a partial U-turn on proposed pay cuts after workers threatened strike action. However, the coffee shop chain has not reversed a decision to cease paying ...

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