Bonus Payouts

Meta gave thousands of employees subpar ratings in its most recent round of performance reviews, WSJ reported

Sebi's proposals on listing norms would aid transparency

In what can be termed as a Diwali bonanza for lakhs of railway employees, the Union Cabinet approved payment of productivity linked bonus equivalent to 78 days to them for financial year 2021-22

Challenges for Twitter include advertisers' uncertainty related to the Ukraine war and a legal dispute with Elon Musk over his plan to abandon his $44 billion purchase

Bonuses in FY22 ranged from 100 to 200% of annual pay

The latest benefit is in addition to Google's work-from-home allowance and well-being bonus

Union Minister of Steel Ram Chandra Prasad Singh on Sunday announced a bonus of Rs 28,000 as well as wage revision for the employees of the state-owned Manganese Ore India Limited (MOIL). Singh was addressing a gathering at the inauguration 2nd Vertical Shaft, Chikla Mine and various other facilities of the company based at Nagpur in Maharashtra. He announced a production-linked bonus of Rs 28,000 for all the MOIL employees, which will be paid before the upcoming Diwali festival. The wage revision is for 10 years, with effect from August 1, 2018 to July 31, 2027, and will benefit around 5,800 employees of the company, it said in a release. It is based on an MoU arrived between the company's management and the MOIL Kamgar Sanghatan, a recognised union of its employees. The proposal includes fitment benefit of 20 per cent and perks /allowances at the rate of 20 per cent, the release said. An interim relief at 12 per cent of the basic and dearness allowance (DA) was given by the co

Employees who were in service as on March 31, 2021, and have rendered at least six months of continuous service during 2020-21 fiscal year would be eligible for this ad hoc bonus.

An expenditure of nearly Rs 1,985 crore will be incurred on this.

Banks have added billions of dollars to bonus pools as they try to reassure restless staff they will be rewarded in 2021 after a lean 2020.

Microsoft is giving all its employees over $1,500 pandemic bonus, in recognition of a challenging fiscal year that the tech giant just completed

Around 980,000 customers are likely to benefit from this bonus

Earlier in March 2016, the company had issued bonus shares in the ratio of 1:1 i.e. one bonus share for every share held in the company

Bonuses for FY21 may be 20-30% of annual pay; yearly increment can be in high single digits

Audit firm PwC India on Thursday announced a special one-time bonus for all its 1,500 employees

The company is also offering about 1,60,000 employees with merit increases globally, and has promoted more than 24,000 employees across every level

Applies to employees who have spent a year with HCL; a large number of visas unused due to Covid

As part of the incentive pay for traders, bonuses increase when market revenue rises

The announcement comes amid a global campaign #MakeAmazonPay, which alleges that the e-commerce giant made big profits, but at a huge cost to workers and the planet.

The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20