An Amazon warehouse in Wilmington, Delaware, is offering $3,000 signing bonuses in an effort to hire 500 employees who will work alongside robots.
The starting salaries being offered by UK firms has risen sharply as firms struggle to recruit, according to KPMG's latest report.
Archegos had set up a payment plan under which a large chunk of annual bonuses were deferred, with a guarantee to be paid out once an employee left.
If you're in the market for a new job, you could get $500 just for accepting the position. But this kind of hiring bonus may not stick around.
The TSA, responsible for airport security, aims to hire 2,000 new workers by September. It comes as reports of unruly passengers are on the rise.
The industry has experienced a boom in demand this year, with some lawyers working 100-hour weeks amid a surge in SPAC deals and company restructures.
Two Facebook executives collectively got just shy of $1 million in bonuses in the second half of 2020, according to a new SEC filing.
Target plans to give all its employees a bonus after a strong year for sales during the pandemic. Hourly employees will receive $US500, while salaried employees and store leadership will receive up to $US2,000. It’s the fifth round of bonuses Target’s given out since the pandemic began nearly a year […]
Walmart is rolling out $US700 million in bonuses to workers this holiday season, the company announced Thursday. Part-time, full-time, and temporary employees working at Walmart’s stores, distribution centres, and fulfillment centres are all eligible. It’s the company’s fourth cash bonus paid to associates since the start of the pandemic. The […]
Big businesses are protecting executives’ pay by rewriting bonus plans and changing performance targets, a report has found. Companies have added non-financial targets and written off worst-performing months, Semler Brossy Consulting Group said. For example, Olive Garden parent company Darden Restaurants modified its bonus plans so that lower sales at […]
Some 35% of the 705 U.S. employers surveyed by consulting firm Willis Towers Watson said they were reducing their salary increase budgets for 2021, with some firms citing budgetary restraints and weaker financial results from the pandemic. Salary increase budgets are where firms pull funds for bonuses. The median salary […]
ByteDance, TikTok’s parent company, is giving out bonuses this month to all of its more than 60,000 employees around the globe. In a memo first obtained by Bloomberg, ByteDance said the bonuses are intended to thank everyone for their work amid the company’s challenging last few months. The company has […]
UK’s largest lenders have suspended their dividends after the Bank of England asked them to cancel any outstanding payments due to exceptional circumstances surrounding Covid-19. The UK’s financial regulator also notified the big banks not to pay any cash bonuses to senior staff and to discontinue keeping aside any money […]
Getting a bonus is a good time to kick start your goals, according to a financial planner. It’s not about spending more – it’s about saving more for retirement, emergencies, and paying down debt. Then, save some to enjoy yourself. Divide up your bonus income across several of your goals, […]
The Australian Council of Superannuation Investors (ACSI) revealed the 10 highest paid CEOs in the ASX200 listed companies, with Qantas chief executive Alan Joyce coming out on top. The 10 CEOs on the list earned more than $10 million dollars, with Joyce earning more than $23 million. The report also […]
Wall Street bonuses plunged 17% in 2018, according to data from the Office of the New York State Comptroller. The average bonus for New York City securities industry professionals fell from $US184,400 in 2017 to $US153,700 last year. The total bonus pool of $US27.5 billion was down 14% from the […]
Formulating new rules to limit Wall Street pay is back on regulators’ front burners, according to a new report from The Wall Street Journal published on Tuesday night. The US financial collapse and ensuing Great Recession began more than a decade ago, and that financial turmoil led to financial regulations […]