Tag: Bonus
‘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. ...
‘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...
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...
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...
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...
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...
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...
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...
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...
Goodbye wicked stepmother: ‘bonus’ families adopting more positive terms
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The wicked stepmother of fairytales and bad films is no more: welcome, instead, to the “bonus” mum, dad and children of the blended families of the 21st century. Princess Beatrice, the Queen’s granddaughter, spoke thi...
How to make the most of gardening’s therapy bonus
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It seems you can’t pick up a gardening magazine these days without reading about the measurable benefits that horticulture can have on both mental and physical health – from alleviating stress to reducing pain levels....
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...
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...
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...
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 ...
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...