Tag Archives: bonus

Lenovo CEO gives his $3 million bonus to line workers and other lower-level employees

Kevin Smith Business Insider The CEO of Lenovo Yang Yuanqing has done something unusual among his CEO counterparts. Yuanqing distributed his $3 million bonus among the company’s 10,000 lower level workers. ZDNet reports that, “the ‘Yuanqing rewards’ averaged out at 2,000 … Continue reading

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Is it time to consider locking up bankers?

Daniel Knowles The Telegraph Two hundred and ninety million pounds – that’s how much Barclays has been fined for attempting to manipulate the Libor interest rate. That’s not much less than the estimated £300m cost of last year’s riots in … Continue reading

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UK aid helps to fund forced sterilisation of India’s poor

Gethin Chamberlain Guardian Tens of millions of pounds of UK aid money have been spent on a programme that has forcibly sterilised Indian women and men, the Observer has learned. Many have died as a result of botched operations, while … Continue reading

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Too Big to Fail: An Executive Suite True-Life Tale

Sam Pizzigati Nation of Change If a blunder you committed cost your employer $4 million, how long would you stay employed? In America today, a CEO can cost his company $4 billion and still collect both a paycheck and a … Continue reading

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Reuters Breakingviews: Bank bonus bonanza

Source: Reuters Breakingviews columnists discuss how Lazard’s approach to compensation could be a model for Wall Street and how Goldman’s stock awards for Lloyd Blankfein stack up.

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RBS chief Stephen Hester to get £963,000 bonus

Source: BBC News Royal Bank of Scotland (RBS) boss Stephen Hester is to receive a bonus of almost £1m. RBS announced on Thursday that Mr Hester is to get £963,000 in shares based on the bank’s closing share price on … Continue reading

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Alcohol substitute that avoids drunkenness and hangovers in development

Source: Telegraph The new substance could have the added bonus of being “switched off” instantaneously with a pill, to allow drinkers to drive home or return to work. The synthetic alcohol, being developed from chemicals related to Valium, works like … Continue reading

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