Tag: Bonus

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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...

Frasers Group could face shareholder revolt over new CEO’s £100m bonus

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Mike Ashley’s Frasers Group faces a showdown with shareholders on Wednesday as it seeks approval of a £100m bonus scheme for its incoming chief executive, Michael Murray, and a cash bonus for its finance director desp...

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...

Staff at magazine publisher Future to share in £10m bonus pot

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Staff at Future, the owner of magazines from Marie Claire to Metal Hammer, are to share a £10m bonus pot after the pandemic-proof publisher reported expectation-busting revenues and profits for the year. Shares in the...

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...

Aged care workers to get bonus payments as Morrison government tries to claw back support

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Aged care workers will receive two pre-election bonus payments worth up to $800 in total as the federal government seeks to claw back public support for its troubled pandemic response. Ahead of a major speech at the N...

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...

NatWest increases bonus pool by 44% as bank returns to profit

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NatWest is giving its bankers bigger bonuses this year after the group, still majority-owned by taxpayers, bounced back to a £4bn profit in 2021 as the economy recovered from the coronavirus pandemic. The lender said ...

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...

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...

Survey finds 97% of Australia’s aged care workers have not received $800 bonus

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A staggering 97% of aged care workers have not received the Morrison government’s promised $800 bonus, according to a survey. The federal government promised in January it would give 265,000 aged care staff a maximum ...

‘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...

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...

Ocado investors rebel over £20m-a-year bonus plan for CEO

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Ocado shareholders have rebelled against high pay for directors at the online grocery specialist, with almost two-fifths voting against a plan to pay the chief executive, Tim Steiner, up to £100m over the next five ye...

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...

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...

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