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. The owner of John Lewis and Waitrose is poised to cut the annual bonus it pays staff to the lowest level since the 1950s due to the pressure on retailers. ... [Read full article on Guardian ]
Sunday 5th of March 2017 04:49:46 PM
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. Yahoo chief executive Marissa Mayer will lose her annual bonus and the company’s top lawyer has been removed over their mishandling of security breaches that exposed the personal information of more than 1 billion users. ... [Read full article on Guardian ]
Thursday 2nd of March 2017 01:24:37 AM
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. The John Lewis partnership is cutting its annual bonus for staff. ... [Read full article on Guardian ]
Friday 10th of March 2017 07:16:34 AM
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....His annual salary was little changed at 1. 46 million euros, while his annual bonus was cut by a third to 2. ... [Read full article on BBC ]
Thursday 9th of March 2017 07:22:05 PM
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....”. According to the annual report, her pay consists of four pay components: a £1m basic salary, which is 10% lower than Witty’s; 20% of her salary paid into her pension, which GSK says is “significantly lower” than Witty, who has a more generous defined benefit arrangement; an annual bonus worth up to 100% of her salary, or 200% in exceptional circumstances – less than the 125% of salary that Witty could have achieved; and a long-term incentive plan award of shares worth up to 550% of her salary, less than the 700% grant that Witty could have received. ... [Read full article on Guardian ]
Tuesday 14th of March 2017 07:04:51 PM
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....Some companies have already heeded attempts by shareholders to respond to the political backdrop, notably Imperial Brands, the maker of Gauloises and John Player cigarettes, which scrapped a pay rise for chief executive Alison Cooper in the face of a potential protest at its annual meeting in January. Among other companies publishing details of pay deals on Thursday was Rolls-Royce, which paid annual bonuses to its executive for the first time in three years. ... [Read full article on Guardian ]
Thursday 9th of March 2017 12:58:00 PM
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....The Pensions and Lifetime Savings Association said the proposed change did not go far enough. “While Anglo American’s direction of travel is to be welcomed, an annual bonus potentially worth 300% of a salary, on top of fixed pay approaching £2m, still seems far too generous,” Luke Hildyard, a policy lead at the PLSA, told Reuters. ... [Read full article on Guardian ]
Monday 13th of March 2017 05:16:47 PM
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Latest Finance News related to Annual Bonus

New GlaxoSmithKline chief to earn 25% less than her predecessor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:04:51 PM
....”. According to the annual report, her pay consists of four pay components: a £1m basic salary, which is 10% lower than Witty’s; 20% of her salary paid into her pension, which GSK says is “significantly lower” than Witty, who has a more generous defined benefit arrangement; an annual bonus worth up to 100% of her salary, or 200% in exceptional circumstances – less than the 125% of salary that Witty could have achieved; and a long-term incentive plan award of shares worth up to 550% of her salary, less than the 700% grant that Witty could have received. ...
Anglo American caps bonus payouts after shareholder revolt image
Source : Guardian [Read Article] Monday 13th of March 2017 05:16:47 PM
....The Pensions and Lifetime Savings Association said the proposed change did not go far enough. “While Anglo American’s direction of travel is to be welcomed, an annual bonus potentially worth 300% of a salary, on top of fixed pay approaching £2m, still seems far too generous,” Luke Hildyard, a policy lead at the PLSA, told Reuters. ...
Pay boosts for Shell and Rolls-Royce bosses despite profits slide image
....His annual salary was little changed at 1. 46 million euros, while his annual bonus was cut by a third to 2. ...
Sir Martin Sorrell's £42m payout takes earnings to £210m in five years image
....Some companies have already heeded attempts by shareholders to respond to the political backdrop, notably Imperial Brands, the maker of Gauloises and John Player cigarettes, which scrapped a pay rise for chief executive Alison Cooper in the face of a potential protest at its annual meeting in January. Among other companies publishing details of pay deals on Thursday was Rolls-Royce, which paid annual bonuses to its executive for the first time in three years. ...
John Lewis and Waitrose owner set to reduce staff bonus image
Source : Guardian [Read Article] Sunday 5th of March 2017 04:49:46 PM
. The owner of John Lewis and Waitrose is poised to cut the annual bonus it pays staff to the lowest level since the 1950s due to the pressure on retailers. ...
Yahoo boss Marissa Mayer loses millions in bonuses over security lapses image
Source : Guardian [Read Article] Thursday 2nd of March 2017 01:24:37 AM
. Yahoo chief executive Marissa Mayer will lose her annual bonus and the company’s top lawyer has been removed over their mishandling of security breaches that exposed the personal information of more than 1 billion users. ...
John Lewis expects to cut nearly 800 jobs image
Source : Guardian [Read Article] Thursday 23rd of February 2017 03:45:38 PM
....5% rise in sales in the six months to the end of July as the company invested heavily in equipment to support its online business and increasing pay for staff. The John Lewis group – which includes Waitrose – said last month its annual bonus for staff, known as “partners” because they own the company collectively, would fall significantly this year and that staff numbers would drop after operating profits dived 58. ...
UK government surplus gives Philip Hammond pre-budget boost image
Source : Guardian [Read Article] Tuesday 21st of February 2017 01:33:43 PM
....The OBR said the estimated £12bn improvement was likely to give “a reasonable sense of the extent to which borrowing is undershooting”. But it also warned that tax receipts remained volatile as investors considered how much income to bring forward to avoid higher taxes next year and the banks agreed the size of annual bonus payments. ...
Hundreds of Waitrose jobs may go as retailer plans six store closures image
Source : Guardian [Read Article] Wednesday 8th of February 2017 08:17:54 PM
....20 an hour minimum wage for over-25s, the supermarket also stopped paying Sunday and overtime rates for new shop workers. Waitrose’s parent group has warned that its annual bonus for staff, who own the company collectively, would fall significantly this year and staff numbers would drop after operating profits dived 58. ...
BT insists Italian scandal is under control as profits plunge image
Source : Guardian [Read Article] Friday 27th of January 2017 09:54:01 AM
....Patterson earned £5. 3m last year, including an annual bonus of just over £1m and share awards worth £3m. ...
Gucci owner gets teeth into snakeskin market with python farm image
Source : Guardian [Read Article] Wednesday 25th of January 2017 02:47:46 PM
.... The luxury fashion house is asking all its brands to use more sustainable raw materials and fabrics such as organic cotton and merino wool produced on sustainable farms in New Zealand. All the group’s brands, which include Stella McCartney and Balenciaga, are developing action plans and 10% of their chief executives’ annual bonus will be dependent on them meeting sustainability promises. ...
John Lewis to cut staff bonus after pound’s Brexit slide image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:25:01 AM
. John Lewis has warned that its annual bonus for staff will be significantly lower than last year as it prepares to take a hit from the post-Brexit slump in sterling. ...
Murder, she wrote: the missing bankers thriller image
Source : Guardian [Read Article] Sunday 8th of January 2017 07:00:11 AM
....Another case for Fenwick, perhaps?. This week marks the start of the most serious banking stress tests of them all – the ones where the strain put on bankers’ braces, as they trouser annual bonuses, is scrutinised to the full. ...
Richard Cousins' departure from Tesco board is a mystery image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 06:59:46 PM
.... Twenty years ago, the pay ratio of workers to bosses was less than 50:1. The increase has happened in part because executives’ pay schemes, stuffed with annual bonuses and medium and long-term incentive plans, have become so complicated. ...
UniCredit shares soar on plan to raise billions image
Source : BBC [Read Article] Tuesday 13th of December 2016 07:33:10 AM
....He pledged to cut his fixed salary by 40% to €1. 2m and has vowed not to take an annual bonus for the next three years. ...
Rising executive pay threatening reputation of big business – report image
Source : Guardian [Read Article] Monday 14th of November 2016 05:29:42 PM
.... Legal & General Investment Management, the fund management arm of the insurer, has told firms there should be a cap on directors’ bonuses, so that they are not bigger than twice the salary. The current system of pay typically involves directors receiving an annual salary, an annual bonus and a long-term incentive scheme (Ltip) running for three or five years based on shares. ...
Executive pay to be investigated by MPs image
Source : BBC [Read Article] Friday 16th of September 2016 08:27:15 AM
.... . LGIM wrote that it would like to "encourage" firms to reduce short-term annual bonuses. ...
New Lifetime ISA: Buyers WILL be able to use cash bonus for house deposits image
Source : Daily Express [Read Article] Thursday 15th of September 2016 04:20:00 PM
....Danny Cox, chartered financial planner at Hargreaves Lansdown, said: "Making the LISA values plus bonus available at exchange of contracts will help first time buyers’ cash flow and it is a better system than the Help 2 Buy ISA as the cash will be ready when needed. "First time buyers need to take into account the timetable for the first annual bonus in their planning otherwise they risk a shortfall at exactly the wrong time. ...
John Lewis profits hit by competition and higher pay image
Source : BBC [Read Article] Thursday 15th of September 2016 06:21:34 AM
Southern rail co-owner Go-Ahead reports £100m profits image
Source : BBC [Read Article] Friday 2nd of September 2016 07:23:27 AM
...."Whilst we have largely achieved the financial and strategic targets set at the beginning of the year it is clear that we have not delivered the required levels of passenger service on our Southern routes," Go-Ahead chairman Andrew Allner said in a statement. "As a result, David Brown, who in my view is an exceptional and committed group chief executive, made it clear he does not wish to be considered for an annual bonus this year and declined a salary increase. ...
Student debts wipe out most graduate pay premiums - report image
Source : BBC [Read Article] Sunday 31st of July 2016 12:17:47 AM
.... is further undermining the value of a degree," it adds, with some previously low-to-median paid posts now requiring degrees. "Our research proves that the current £100,000 graduate earnings premium so often touted equates to an 'annual bonus' of just £2,222 over 45 years of work and is wiped out once National Insurance and income tax are taken into account. ...
Burberry: Celine boss to replace Christopher Bailey as chief image
Source : BBC [Read Article] Monday 11th of July 2016 02:29:27 PM
....Mr Gobbetti will get a base salary of £1. 1m and be eligible for an annual bonus of up to 200% of his salary. ...
Waitrose warns on tough trade conditions image
Source : BBC [Read Article] Friday 1st of July 2016 10:17:27 AM
.... . That meant the grocer's annual bonus pot, shared between 58,970 staff, was cut from £87m to £80m. ...
Majestic Wine raises store managers' pay in attempt to retain staff image
Source : Guardian [Read Article] Thursday 9th of June 2016 01:52:24 PM
....Britain’s biggest wine retailer is to increase pay for its store managers in an attempt to prevent one in four of them leaving the business each year. Majestic Wine is introducing new share incentive plans and overhauling cash bonuses for its 213 store managers, who typically earn a £30,000 salary – up from £28,000 in November – plus an annual bonus. ...
Sainsbury's boss enjoys 86% pay rise despite fall in underlying profits image
.... Sainsbury’s declined to reveal exactly what the special benefit payment was for. Sainsbury’s said Coupe had earned the annual bonus, which was 76% of the maximum possible, after hitting profit, sales and customer service measures as well as personal targets including accelerating the move into online sales by securing a £1. ...
Home Retail boss in line for £5m windfall after a Sainsbury's takeover image
.... While his salary increased 6. 4% to £663,000, his annual bonus and long-term share bonuses both dropped, cutting his total pay package by more than £900,000. ...
Legal & General understates CEO's pay in annual report image
Source : Guardian [Read Article] Wednesday 25th of May 2016 10:34:44 AM
....Related: Why the revolt against executive pay is not going away. As a result of changes introduced by Vince Cable when he was business secretary, companies are required to publish a “single figure” for pay which covers salary, benefits, annual bonuses and payouts from long-term incentive schemes. ...
City News: Tata, Shell, Lloyds Bank image
Source : Daily Express [Read Article] Monday 23rd of May 2016 07:55:00 AM
....But shareholder advisory firm Pirc said he still earned 37 times the average employee's pay, which it branded as "unacceptable". Pirc added that Mr van Beurden's maximum annual bonus and potential rewards under the longterm shares scheme were also "excessive", at 245 per cent of salary and 680 per cent of salary respectively. ...
Co-op hopes to leave the past behind with revival of its classic 60s look image
....As if to lead by example, chief executive Pennycook has asked for a pay cut after receiving a total of £3. 59m last year including an annual bonus of £1. ...
Restaurant Group shareholders fail to back boardroom pay deals image
Source : Guardian [Read Article] Thursday 12th of May 2016 04:20:20 PM
.... The vote is advisory, although the company acknowledged the scale of the protest, describing a “significant number of votes” being cast against the pay report. “The company understands that this reflects the concerns of a number of investors in respect of the termination arrangements for Alan Jackson and the level of the executive director annual bonus awards for 2015. ...
Standard Life boss tries to head off investor revolt by cutting bonus image
Source : Guardian [Read Article] Wednesday 11th of May 2016 06:28:38 PM
....As a result of his promotion, Skeoch received a £200,000 rise in his salary, taking it to £700,000, although the company said this was 16% lower than his predecessor’s. The salary is topped up with a potential annual bonus of 175% of salary – lower than the 365% he stood to receive as head of the fund management arm – and a long-term incentive plan (Ltip) that promised shares worth 500% of his salary, which he has now said can be cut to 400%. ...
Morrisons chief executive given £1m bonus image
Source : Guardian [Read Article] Friday 6th of May 2016 02:16:11 PM
....Potts has not taken a pay rise for the coming year – with a basic salary of £850,000. He could earn up to double his salary again in annual bonus and up to 2. ...
Sir Martin Sorrell handed £70.4m in 2015 pay deal image
Source : Guardian [Read Article] Friday 29th of April 2016 08:59:47 AM
.... The advertising company’s annual report on Friday showed that a £4. 2m annual bonus and other payments had pushed the total to £70. ...
Waitrose’s ‘Chubby Grocer’ gets £1.9m golden goodbye image
Source : Guardian [Read Article] Friday 22nd of April 2016 12:03:29 PM
.... He had worked at the retailer for 33 years. In 2015 the annual bonus for John Lewis and Waitrose staff fell for the third year in a row as profits at the group, which also owns the eponymous department store, declined owing to higher pension charges. ...
Why Three into O2 won't go image
Source : Guardian [Read Article] Monday 11th of April 2016 06:34:20 PM
.... BP, investors are told, did splendidly on safety, cashflow and delivery of big projects. That is why Dudley’s annual bonus, for example, was hiked by 38%. ...
Co-op chief's trumpeted 60% pay cut does not complete until 2017 image
Source : Guardian [Read Article] Thursday 7th of April 2016 08:10:41 PM
....The mutual announced with great fanfare on Thursday that Pennycook, who earned a total of £3. 59m last year including an annual bonus of £1. ...
Co-op boss takes a 60% cut in his pay package image
Source : Guardian [Read Article] Thursday 7th of April 2016 10:04:27 AM
....Pennycook, who earned a total of £3. 59m in the year to 2 January 2016, according to the Co-op’s annual report, including an annual bonus of £1. ...
Co-op boss gets £500k pay rise despite losses more than DOUBLING image
Source : Daily Express [Read Article] Saturday 2nd of April 2016 12:01:00 AM
.... . These include a £502,000 annual bonus. ...
New Lifetime Isa for homebuyers image
Source : BBC [Read Article] Wednesday 16th of March 2016 02:37:26 PM
....The Lifetime Isa will be launched in April 2017, and savers will receive a 25% bonus from the government. They will be able to put in up to £4,000 a year, with the annual bonus of up to £1,000 paid until the age of 50. ...
Barclays boss Jes Staley handed £1.8m in shares despite halved dividend image
....The Barclays disclosure covers not just share awards for future bonuses through long-term incentive plans. It also includes details on other payments in shares, including annual bonuses for 2015 and role-based pay awards, which are handed out to stop their pay from falling as a result of the EU’s cap on bonuses. ...
The CBI: David Cameron's unwavering ally in EU referendum image
Source : Guardian [Read Article] Tuesday 15th of March 2016 12:01:01 AM
.... Sorrell’s basic salary is £1. 1m, but once annual bonuses are added to his long-term bonus scheme he pocketed close to £70m in 2015. ...
Sir Martin Sorrell set to gain £60m in share scheme image
Source : Guardian [Read Article] Sunday 13th of March 2016 03:58:06 PM
....Advertising company WPP will reveal this week that its chief executive, Sir Martin Sorrell, has been handed shares worth £60m in a move that will take the total earnings of the high-profile FTSE 100 boss to more than £150m in five years. Sorrell’s pay deal for 2015 is likely to reach close to £70m once his salary and annual bonuses are added to the long-term bonus scheme which will be announced this week. ...
John Lewis and Waitrose bonus falls again with average payout of £1,585 image
Source : Guardian [Read Article] Thursday 10th of March 2016 10:25:39 AM
. The annual bonus for John Lewis and Waitrose staff has fallen for the third year in a row, as profits at their parent group declined owing to higher pension charges. ...
RBS pays share bonuses worth £17.4m to top management team image
Source : Guardian [Read Article] Tuesday 8th of March 2016 04:41:34 PM
....4m of share awards were announced to the stock market less than a fortnight after RBS reported a £2bn loss for 2015 – taking the total losses to more than £50bn since its 2008 bailout when taxpayers pumped £45bn into the bank. McEwan, who was promoted from running the retail arm of RBS to replace Stephen Hester, has attempted to defuse rows over pay by ending the practice of handing annual bonuses to his top management team. ...
Barclays profits tumble slashing dividends in HALF for investors image
Source : Daily Express [Read Article] Tuesday 1st of March 2016 11:11:00 AM
....2 million in annual salary and £1. 15 million in role-based pay, with annual bonuses worth a potential 80 per cent of salary and long-term share awards worth a possible £1. ...
RBS pays chief executive Ross McEwan £3.8m as it reports £2bn loss image
Source : Guardian [Read Article] Friday 26th of February 2016 07:34:49 AM
....Related: British bank annual results – interactive. The senior executives at the bank, including McEwan, do not receive annual bonuses in the same way as their peers at rival banks in an attempt to defuse the rows over pay that have characterised RBS since its bailout. ...
Standard Chartered falls £1.1bn into red image
Source : Daily Express [Read Article] Tuesday 23rd of February 2016 07:35:00 PM
....About 150 current and former employees could be affected. No annual bonuses are being given for 2015 and a new bonus scheme will be put to a shareholder vote at the annual meeting in May. ...
Standard Chartered makes first annual loss since 1989 image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 10:24:29 AM
.... The loss was later reduced to 5%, and the bank remained one of the biggest fallers in the FTSE 100. As Winters announced that annual bonuses had been scraped for 2015, he said a new bonus scheme would be put to a shareholder vote at the annual general meeting in May. ...
UK bank pay and bonuses in the spotlight as results season starts image
Source : Guardian [Read Article] Sunday 21st of February 2016 11:45:27 AM
.... Now chief executive at insurer RSA, Hester could receive up to £500,000. Hester’s bonuses were flash point during his tenure at the bank, and prompted McEwan to ditch annual bonuses for himself and his senior executives. ...
Stock markets suspect Federal Reserve has interest rate jitters image
Source : Guardian [Read Article] Thursday 4th of February 2016 08:01:14 PM
....Earnings guidance and remuneration are separate issues, says Pascal Soriot, the chief executive of AstraZeneca. Well, yes, but what happens if your annual bonus depends, in part, on meeting a target for earnings that becomes harder to achieve because you’ve just spent $10bn (£6. ...
Prudential lures Anne Richards from Aberdeen Asset Management image
Source : Guardian [Read Article] Monday 1st of February 2016 11:40:13 AM
....The electrical engineering graduate joined Aberdeen in 2003 when it bought Edinburgh Fund Managers and she has been chief investment officer since. At M&G she will be paid a salary of £400,000 but will be able to earn up to six times that amount as an annual bonus. ...
TSB exceeds targets for growth but sees decline in management profits image
Source : Guardian [Read Article] Thursday 28th of January 2016 12:41:59 PM
....Despite the downturn in profit and because of the achievement of other targets, the first TSB award – which gives employees roughly the equivalent of six weeks’ pay – is being paid out to the tune of £26m. Pester said he had taken the idea from John Lewis, which famously awards its partners an annual bonus, believing that such a scheme will help to bring long-term sustainability to TSB. ...
Tobacco chief’s new £10m pay-plan leaves shareholders fuming image
Source : Telegraph [Read Article] Saturday 23rd of January 2016 07:00:25 PM
.... . At present, the BAT boss’s long-term incentive plan (LTIP) is limited to a maximum of four times his salary and his annual bonus capped at two times. ...
M&S boss Marc Bolland to step down image
Source : Guardian [Read Article] Thursday 7th of January 2016 07:46:43 AM
.... He will be handed £868,000 in basic pay, benefits and pension payments for the eight months after he steps down in June and nearly £656,000 in shares to add to the £3m stake in M&S he already owns. Bolland could also be in line for an annual bonus of up to £1. ...
Source : Reuters [Read Article] Monday 14th of December 2015 07:20:34 AM
. Women working in financial services in London have much lower expectations for their annual bonuses than their male colleagues, reflecting the fact that they are less well represented in more lucrative jobs, a survey has found. ...
John Timpson: How much should I spend on the office Christmas party? image
Source : Telegraph [Read Article] Monday 14th of December 2015 12:25:00 AM
.... At Timpson, we already follow the French idea. In our office, anyone with 100pc attendance gets a 20pc top-up on their annual bonus, while those absent for five days or fewer get 10pc. ...
WHSmith chief's pay jumps 56% after best sales since 2002 image
Source : Guardian [Read Article] Monday 7th of December 2015 01:31:54 PM
....5m last year. Clarke received the maximum annual bonus, worth 160% of salary, after WHSmith’s pretax profit hit £123m to beat a target of £119m. ...
New Barclays chief Jes Staley spends £6m on shares in bank image
Source : Guardian [Read Article] Thursday 5th of November 2015 12:12:06 PM
....2m. However, his total remuneration package, including his salary, a fixed pay allowance to avoid the EU cap on bonuses, annual bonuses of up to £2. ...
Barclays appoints Jes Staley as new chief executive image
Source : Guardian [Read Article] Wednesday 28th of October 2015 07:23:34 AM
....7m a year – which includes a £1. 2m salary and role based allowance to sidestep the EU rules on capping bonuses – as well as annual bonuses of up to £2. ...
Sainsbury's questioned by accounting watchdog over income disclosures image
Source : Telegraph [Read Article] Saturday 3rd of October 2015 06:00:21 PM
.... . Supermarkets can charge suppliers an overrider, which is a percentage when the grocer hits sales targets, akin to an annual bonus. ...
Morrisons shows living wage need not sound death knell for retailers image
Source : Guardian [Read Article] Tuesday 29th of September 2015 06:48:00 PM
....Unexpected things are happening to shop-floor wages in retail land. Last week prosperous John Lewis was grumbling that it might have to restructure staff benefits, including the annual bonus, to pay for George Osborne’s “national living wage” of £7. ...
National living wage: John Lewis might have to alter staff benefits image
Source : Guardian [Read Article] Thursday 24th of September 2015 11:01:01 PM
....Andy Street, speaking as John Lewis opened its 45th store, in Birmingham, said the government’s proposals posed big issues for the retailer. John Lewis is famous for its staff benefits, particularly the annual bonus payout – worth up to a fifth of annual pay – and a gold-plated pension. ...
BHP Billiton CEO's pay drops by more than 40% image
Source : Guardian [Read Article] Wednesday 23rd of September 2015 10:31:46 AM
.... Its shares have been down by about 60% since late 2010. Mackenzie’s annual bonus fell to $2. ...
Mitchells & Butlers calls time on chief executive Alistair Darby image
Source : Guardian [Read Article] Tuesday 22nd of September 2015 11:27:12 AM
....All Bar One and Harvester owner Mitchells & Butlers has called time on its chief executive, Alistair Darby, after a washout summer forced the pub and restaurant group to issue a profits warning. Darby will leave the group this weekend with a year’s salary of £543,500 as a payout, but is unlikely to receive an annual bonus with performance targets not expected to be achieved. ...
John Lewis profits fall as costs and competition increase image
Source : Guardian [Read Article] Thursday 10th of September 2015 06:54:16 AM
....Nonetheless, JLP’s pretax profits for the full year are expected to fall from £342. 7m to between £270m and £320m, according to Mayfield, meaning the retailer’s staff face a drop in their annual bonus. ...
Spare a thought for the silent victims of Glencore's financial shock therapy image
Source : Independent [Read Article] Tuesday 8th of September 2015 05:15:00 AM
....The Investment Association (IA), which represents Britain’s fund management industry, believes the issue is “becoming too complex, leading to a lack of clear incentives for company management to act in the best long-term interests of the companies themselves and their investors”. There was, however, nothing complex about the findings of PwC’s annual review of executive pay in the FTSE 100, at least when it comes to annual bonuses. ...
Bonuses for FTSE100 bosses bear no relation to performance image
Source : Independent [Read Article] Monday 7th of September 2015 12:10:34 AM
....”. It asks the question: "With the median CEO payout remaining at around 130 per cent of salary for the past three years, and with almost half of awards showing little change from year to year, can annual bonuses genuinely be described as variable pay?". ...
Sainsbury's trumps Government's living wage with 4pc pay rise image
Source : Telegraph [Read Article] Thursday 27th of August 2015 04:00:35 AM
.... . Sainsbury's also pointed to its staff discount card and an annual bonus, which this year saw 133,000 workers share a £50m pot. ...
Sainsbury's shopfloor staff to receive 4% pay rise image
Source : Guardian [Read Article] Wednesday 26th of August 2015 11:01:11 PM
.... Tesco pays more per hour, but does not remunerate staff during their lunch break. Other benefits for Sainsbury’s staff include life insurance, a discount card and an annual bonus. ...

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