Topic filter : Relocation Package

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Latest Finance News related to Relocation Package

HSBC cash sweetener aims to entice staff to new Birmingham HQ image
Source : Guardian [Read Article] Sunday 4th of June 2017 03:56:29 PM
....Britain’s biggest bank has only convinced just over half of its target of 1,040 people to make the move more than two years after announcing it would switch its UK banking operations from Canary Wharf to Birmingham. The new cash bonus comes on top of the bank already attempting to sweeten the change by making its standard relocation package “more attractive” with “support for housing and children’s schooling”. ...
Location, location, location – where will Channel 4 move to? image
Source : Guardian [Read Article] Saturday 1st of April 2017 02:59:28 PM
.... The BBC found that nearly 60% of managers refused to move from London to MediaCity, while just 31 of 144 agreed to relocate to operations in Birmingham. The BBC was criticised by the National Audit Office for offering overly generous relocation packages totalling £24m to entice staff to move north. ...
Unilever is safe, but we need better defences against short-term capitalism image
....Mark Tucker has six months to write his to-do list in preparation for becoming chairman of HSBC. Finding somewhere to live – with a £300,000 relocation package to smooth his return to the UK from Hong Kong, where he has been running insurer AIA – will be his personal priority. ...
Teachers priced out of house market as property prices soar to 11 times earnings image
.... “There’s a big risk teaching standards will deteriorate – children don’t like uncertainty and posts may be filled by a procession of temporary teachers who are not properly qualified,” he says. If the government is not prepared to increase wages, he thinks it needs to provide headteachers with relocation packages when they move into more expensive areas, and offer middle-earning teachers in these areas a 50% deposit in return for 50% of the proceeds when their property is sold. ...
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
....Staley replaces Antony Jenkins, who was ousted in July, and is expected to focus on growth at the bank, which has been trying to restore its reputation after a series of scandals. The American banker – who will also receive a relocation package to move to the UK – has told staff that he hopes to improve the behaviour of bankers. ...
....Ms Greene's total remuneration for the financial year 2014/15 also included short-term incentives worth £433,000 - a rise of 12 per cent - and long-term incentives worth £350,000 - 28 per cent lower. Last year, Ms Greene's pay package was reduced by £250,000 after the chief executive offered to return the amount she received from a relocation package. ...
Bob Witeck, Walmart's LGBT consultant, gets corporations on the workers' side image
.... It “didn’t become palpable until the last five years”, Witeck says of corporate America, that they could be losing talent all over the country to queer families who won’t give up their legal protections easily where they have them. Corporate America has, improbably enough, been stepping in as state legislatures roll back rights for LGBT workers in increasingly aggressive ways: the “boldest” move, Witeck notes, was Salesforce CEO Marc Benioff offering employees $50,000 relocation packages to move from Indiana if they feel uncomfortable. ...
Yahoo to cut jobs in India in downsizing image
Source : BBC [Read Article] Wednesday 8th of October 2014 03:49:19 AM
...."Bangalore will certainly continue to remain an important centre for Yahoo," the spokesperson said. It also added that relocation packages will be offered to some employees, suggesting that some jobs may be moved to its US headquarters in Sunnyvale, California. ...

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