Controversial bonuses paid to bosses of water firms that illegally spill sewage into rivers and seas could be banned. Campaigners across the political spetrum have long called for the “insulting” financial incentives to be blocked after leaders at the companies pocketed more
Former Post Office boss Paula Vennells was not at home yesterday as calls grew for her to hand back £2.93million in bonuses paid during the scandal. Ms Vennells, 65, and retired husband John, 68, live in a £1.5million farmhouse set in half
The team had a target to recover 40% of the losses recorded – and their annual payouts were dependent on the amount of money they got back under the Proceeds of Crime Act. In an email sent in 2015, Gary Thomas, a
Bestselling author James Patterson has awarded $500 bonuses to 600 employees at independent bookstores across the United States. That’s a total of $300,000, as the Associated Press reported on Wednesday, Dec. 13. The employees were nominated by their store owners, managers, peers,
A staggering 83% of staff surveyed said they would choose a bonus or gift over a get-together with colleagues. More than half weren’t bothered about any kind of work bash. Most cited the bills crisis – but having to socialise with people
The Bank said axing the restriction, which Britain inherited from the EU, would enable financial groups to re-structure pay faster and give them greater flexibility over their costs when dealing with downturns. The Financial Conduct Authority said scrapping the bonus cap would
An EU cap on bonuses for UK bankers is set to be scrapped giving a Brexit boost to Britain’s financial sector. The decision will remove the limit on bankers’ annual payouts from the end of October, the Financial Conduct Authority (FCA) and