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BONUS CAP REMOVAL
Samsung workers rally in South Korea, demanding higher pay and threatening to strikeThousands of Samsung Electronics workers rallied Thursday at its computer chip complex in Pyeongtaek, South Korea, demanding higher bonuses...
Pick your own health cover: How custom plans work and their hidden downsidesA health plan consists of a base plan and riders or add-ons. Earlier, the base plan comprised fixed features that could not be changed, and...
Samsung asks court to block illegal strike activities by unionsSamsung Electronics has asked a court to block planned union strike activities, which unions have decried as a "declaration of war." Worker...
Getting unrealistic in IslamabadFifteen hours of talks in Islamabad between Iran and the US did not resolve the ongoing conflict. Divergent objectives and Israeli interfer...
Shriram General Insurance launches 'Shri Health Suraksha 2.0'In response to evolving healthcare needs, Shriram General Insurance Company announced the launch of Shri Health Suraksha 2.0, an enhanced h...
HSBC lays off bankers on bonus day, no payouts givenHSBC has taken drastic cost-cutting measures by firing investment bankers on the day they were expecting their bonuses. The layoffs are par...
Barclays scraps EU bonus cap for British bankers"The revised bonus cap will not alter the way Barclays sets its incentive pool, which is based on overall Group performance," a spokesperso...
Britain abandons decade old restriction on banker bonusesThe United Kingdom's post-Brexit financial landscape undergoes a shift as it abandons a decade-old EU-imposed bonus restriction on bankers,...
Dragon Ball Xenoverse 2 on Xbox One, PlayStation 4, PC. Check key updatesDragon Ball Xenoverse 2 multiplayer mode and updates have been unveiled. The video game will be released on PlayStation 4, Xbox One, Ninten...
BoE starts consultation on scrapping bankers bonuses"The proposed changes should ... help remove unintended consequences that have arisen as a result of the bonus cap, namely growth in the pr...
Labour law: PM Modi to inaugurate ILC meet on July 20, sparks may fly over proposed reformsAmid strong opposition by trade unions against certain proposed amendments to labour laws, the 46th ILC is likely to witness a stormy sessi...
Labour law amendments on agenda of Indian Labour ConferenceAs many as 11 trade unions, including BJP-backed Bharatiya Mazdoor Sangh, will observe nationwide strike on September 2 against various iss...
Demand for removing wage cap for bonus likely on ILC agendaRemoval of wage ceiling for payment of bonus and exempting small and medium units from obtaining licence to operate are part of the agenda ...
- Cos like Dabur, GCPL, Philips, Samsung, Panasonic tweak bonus plans to retain employees
Consumer durables companies increase frequency of payouts, restructure parameters and increase bonus limits in an attempt to retain employe...
- Trade unions Citu, Intuc, LPF and others planning agitation on budget eve
Major trade unions have chalked out a joint agitation plan a day before the budget to protest against what they call the government's 'anti...
- SBH to go public after September
State Bank of Hyderabad (SBH), the largest associate bank of State Bank of India (SBI), intends go public after September 2007. The issue s...
- Goldman chief in line for $87 mn bonus
Goldman Sachs Group chairman and chief executive officer Lloyd Blankfein is eligible for an $87 million bonus this year after his firm shat...