Topic filter : Annual Bonus

Most trending topics in Business & Finance ( last 24 hours ):
Acquisition Technology Twitter Apple Spotify Donald Trump Farming Brexit Inflation Earning Retail Sector Shopping Supermarket First Quarter Price Cut Supermarket Chain Asda Sales Growth Education Financial Crisis Investor Deposit UK Economy Economy Free Market B&Q House Price Pension Pensioner Retirement Income Retirement Pound Retire Inheritance Inheritance Tax Exports

Latest Finance News related to Annual Bonus

Carolyn McCall to become ITV chief executive image
Source : Guardian [Read Article] Monday 17th of July 2017 06:15:51 AM
....However, under the performance share plan McCall will be eligible for 265% of salary, while Crozier was awarded 225%. The existing annual bonus of up to 180% of salary remains the same. ...
One in three Burberry shareholders revolt against executive pay deal image
Source : Guardian [Read Article] Thursday 13th of July 2017 03:37:20 PM
....5m. While he waived his entitlement to any annual bonus for the year, his total was boosted by a £1. ...
Nisa denies staff annual bonuses despite hitting performance targets image
. Nisa, the convenience chain that is in takeover talks with Sainsbury’s, has angered several hundred head office staff by denying them annual bonuses despite hitting performance targets. ...
M&S fashion chief will leave behind £1.7m as she departs Halfords image
Source : Guardian [Read Article] Thursday 22nd of June 2017 05:24:01 PM
....McDonald joins M&S as managing director of its clothing, home & beauty division in October. Her total pay slid by just over £110,000 to £741,412 as she missed out on an annual bonus after resigning from Halfords in May. ...
SSE boss gets 72% pay rise weeks after arguing against cap on bills image
Source : Guardian [Read Article] Friday 16th of June 2017 05:24:56 PM
....The pay rise is even bigger than the 40% rise awarded to the chief executive of the British Gas owner, Centrica. Phillips-Davies was paid £844,000 in base salary, largely unchanged from last year, but topped up by £25,000 in benefits, a £910,000 annual bonus – more than double the year before – and a long-term incentive payout of £644,000. ...
Thames Water given maximum £8.5m fine for missing leak target image
Source : Guardian [Read Article] Wednesday 14th of June 2017 10:38:37 AM
....”. Robertson, who joined Thames Water in September 2016, was awarded an annual bonus of £54,000 and is paid a basic salary of £700,000 a year. ...
Burberry's Bailey to get £10.5m in shares when he checks out as CEO image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:35:18 PM
....9m the previous year. While he waived his entitlement to any annual bonus for the year, his total was boosted by a £1. ...
First cash Lifetime Isa launched image
Source : BBC [Read Article] Tuesday 6th of June 2017 10:55:03 AM
....Money saved in a Lifetime Isa is designed for buying a first home, or for retirement. The government offers savers a 25% annual bonus. ...
Shell shareholders to vote for new climate change goals image
Source : Guardian [Read Article] Sunday 21st of May 2017 10:38:07 AM
.... However, overall it backed the remuneration for last year. Pirc said the future pay policy was not without concerns for shareholders because when directors leave they would receive an automatic payout linked to their annual bonus, but on balance it backs supporting the policy in a binding vote. ...
BT to shed 4,000 jobs in new overhaul image
Source : BBC [Read Article] Thursday 11th of May 2017 06:30:14 AM
. BT is to shed 4,000 jobs worldwide over the next two years and is stripping the chief executive of his annual bonus. ...
John Lewis profits suffer £36m dent from minimum wage error image
Source : Guardian [Read Article] Tuesday 9th of May 2017 10:54:26 AM
....Her Majesty’s Revenue and Customs enforces the national minimum wage and can fine and name and shame companies that do not comply. Current and former John Lewis workers, who are known as partners because they jointly own the retailer and share an annual bonus based on profits every year, could receive a top-up in back pay as a result of the review. ...
AstraZeneca shareholders revolt over chief executive's £13m pay image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:13:55 PM
Outgoing Yahoo chief executive Marissa Mayer will likely get $186m payout image
.... The payoff comes on top of roughly $200m that Mayer has already received in salary and bonuses over her five year tenure. Mayer did lose her 2017 annual bonus after Yahoo’s bungled security exposed the personal information of more than 1 billion of its users, and threatened the Verizon deal. ...
Next boss misses out on annual bonus for first time in 18 years image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:15:22 PM
. Next boss Lord Wolfson has missed out on his annual bonus for the first time in 18 years amid tough times on the British high street. ...
Southern rail boss paid £495,000 image
Source : Guardian [Read Article] Monday 10th of April 2017 10:09:03 AM
....”. David Brown, the chief executive of Go-Ahead, the parent company of Govia Thameslink, refused an annual bonus and pay increase in September given the disruption on the network. ...
City regulators investigate Barclays boss Jes Staley image
Source : BBC [Read Article] Monday 10th of April 2017 06:32:38 AM
. Jes Staley, the chief executive of Barclays, could lose his annual bonus after two regulators opened an investigation into his conduct in a whistleblowing case. ...
Banks and building societies snub Lifetime Isa launch image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:57:02 PM
....One of them - Hargreaves Lansdown - said 1,000 accounts had been opened by mid-day on Thursday. The savings product was the brainchild of former Chancellor George Osborne, and offers savers a 25% annual bonus. ...
Bovis rejects Galliford Try bid – but hires rival's ex-boss as its new chief image
....1m. It includes an annual salary of £650,000; an annual bonus of up to 100% of salary in shares, deferred for three years; a long-term share incentive plan of up to 200% of salary for each of the first two years and 150% of salary thereafter and a one-off share award of up to 100% of salary to recompense Fitzgerald for relinquishing management of certain investments to take up his new role. ...
Boardroom pay: Theresa May must act to curb the excesses | Nils Pratley image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:32:04 AM
....5m came from LTIPs, according to the committee’s report. As with annual bonuses, an executive now has to fail spectacularly to be awarded nothing. ...
Nurofen maker Reckitt Benckiser slashes chief's pay by 40% – to £14m image
....British consumer goods maker Reckitt Benckiser Group has cut the 2016 pay of its chief executive, Rakesh Kapoor, by 39%, as it seeks to shore up investor confidence following a safety scandal in South Korea that hurt its performance. The maker of painkiller Nurofen, Dettol cleaning products, Durex condoms and Scholl footcare products said Kapoor, Britain’s third highest paid chief executive in 2015, would not receive an annual bonus for 2016, and that the share awards for his long-term incentive plan would be reduced by half. ...
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. ...

Page rendered in 1.8675 seconds.