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RETENTION BONUSES FOR EXECUTIVES
This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million giftA Louisiana-based company, Fibrebond, has made headlines after its sale for $1.7 billion, with former owner Graham Walker gifting a stagger...
Companies face hardware talent crunch amid AI boomIndia faces a significant shortage of AI hardware engineers, including HVAC, robotics, and industrial automation specialists, as AI adoptio...
This US CEO sold his family business for $1.7 billion, then shared $240 million with 540 employeesA Louisiana businessman, Graham Walker, distributed nearly $240 million to his 540 employees after selling his family company, Fibrebond, f...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
Airtel, Vi give 7-8% salary hikes, up to 110% bonuses as competition to retain talent heats upBharti Airtel and Vodafone Idea have given 7-8% increments and up to 110% in bonuses to employees for the fiscal 2023 cycle. However, the i...
No bonus for employees if HDFC Life, Max Life fail to tie the knotIt operates through 210 offices and manages assets worth Rs 45,870 crore.
iGate gives large retention bonuses to top executivesiGate has given large retention bonuses to five of its executive officers. Each will get $1,50,000 on June 30, 2014, and $1,00,000 on Decem...
- War for talent: India Inc brings back retention bonuses to check attrition
Indian corporates are increasingly using retention bonuses as a tool in the war for talent and the number of employees enjoying the perk ha...
- iGate, Patni staff retention bonus up to 6-month pay
The bonus package will cover around 500 senior staff at the mid-management level - 300 from Patni Computer and 200 from iGate.
- $7,700-bonus for AIG kitchen assistant!
AIG shelled out retention bonuses to hundreds of employees at its financial products division, including a kitchen assistant, who received ...
- AIG executive resigns on newspaper
A top executive with the insurance giant AIG resigned Wednesday via an opinion article in the New York Times, bitterly complaining of being...
- Protesters visit AIG officials' lavish homes
Activists visit the lavish homes of AIG executives to protest the tens of millions of dollars in bonuses awarded by the co. US bank failure...
- AIG bonus payments $218 million: Connecticut attorney general
AIG paid out over $218 million in bonuses, more than the previously disclosed $165 million, a published report said. US bank failures | Ban...
- NY AG gets list of AIG workers who got bonuses
New York's attorney general says American International Group Inc has given him the list of employees who received a total of $165 million ...
- Fannie plans bonuses of up to $611K for 4 executives
Fannie Mae is planning to pay retention bonuses of as much as $611,000 each to several top executives of the government-controlled mortgage...
- AIG to pay back cash used for bonuses: Geithner
Insurance titan AIG, which received billions in US bailout funds, is to pay back the government for hefty bonuses shelled out to top execut...
US Treasury directs AIG to trim $1-b retention pay, bonus planAIG, the insurer saved from collapse by a $170 billion taxpayer bailout, was ordered by the US Treasury to scale back its $1 billion plan t...
- AIG wooing Asia executives with 100% retention bonus
American International Group has offered to pay an extra year's salary if execs stay on till November 2009. The reverse wealth effect | Sur...
- Sign-on bonus breezes into middle order
Corporate India's mid-rung is also shouting as sign-on bonuses trickle down the blue chip pecking order.
- Big bounty for Infy's creamy layer
Infosys Technologies has come up with a lucrative 'deferred bonus scheme' for its senior executives.