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  • September 17, 2014
  • Last updated: 7:06am
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  1. Business - Banking & Finance - MR. SHANGKONG

    Cash is a big bonus but there are other means of just reward

    Posted Dec 31st 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Bankers are eagerly awaiting word of their added value but financial benefits are not the only way companies can retain their employees Cash is a big bonus but there are other means of just reward This time of year, the annual bonus is the talk of the town. Expectations in banking circles are running high, but the talk itself is kept pretty low. That's ...

  2. Business - Banking & Finance - MR. SHANGKONG

    Hong Kong may have its own way around bankers' bonus caps

    Posted Dec 17th 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com EU proposals to hold bonuses at two times base salaries may fall flat as many US banks in the city have been bumping up payrolls for their staff HK may have its own way around bankers' bonus caps To most people, Christmas means presents. But to the banking industry, this Christmas may be more about Scrooge than Santa, warnings than gifts. ...

  3. Business - Banking & Finance - COMPENSATION

    Lean bonus for London's bankers

    Posted Nov 28th 2012, 12:00am by Bloomberg

    ... Bloomberg in London Their New York counterparts will be better paid and this divide is likely to remain, analyst says Lean bonus for London's bankers Bankers in London, the hub for securities firms in Europe, are bracing for lower bonuses compared with their New York counterparts as earnings from the region plummet and pressure to tighten payouts mounts. Investment bankers ...

  4. News - China - TAIWAN

    Taiwan military veterans angry over bonus cuts plan

    Posted Nov 13th 2012, 12:00am by Lawrence Chung

    ... supporters MILITARY VETERANS THREATEN TO OUST MA OVER BONUS CUTS A plan by Taiwan's cabinet to cut year-end bonuses for retired military personnel has backfired, as veterans- long-time staunch ... the plan is scrapped. The threats put Ma in a dilemma, as he must decide whether to slash the bonuses in line with calls from the general public amid the financial downturn, or stand to lose ...

  5. Business - Banking & Finance - BANKING

    Wall St bankers in line for poor 2012 bonuses

    Posted Nov 14th 2012, 12:00am by Bloomberg

    ... Bloomberg in New York Pay expectations are being driven down on Wall Street, with a fifth of banking employees expected to get no bonus at all this year Wall St bankers in line for poor 2012 bonuses Wall Street banks are deflating their employees' pay expectations to avoid a replay of last year when cutbacks on bonuses and increased deferrals surprised bankers ...

  6. Sport - Golf

    Snedeker wins Tour title, nabs US$10m bonus

    Posted Sep 24th 2012, 11:59am by Agence France-Presse in Atlanta

    ... Agence France-Presse in Atlanta American Brandt Snedeker won the US PGA Tour Championship and claimed a $10 million bonus for capturing the tour season playoff title after firing ... the playoff crown and bonus money simply with a victory in the 30-man showdown. “I had complete confidence in what I was doing out there,” Snedeker said. “I putted great all week and made big putts ...

  7. HK eye bonus points in Tokyo

    Posted May 18th 2012, 12:00am

    ... need to get something out of this game and, while sneaking a win would be great, what is important is we have also got to be realistic,' Jones said. 'If we get a couple of bonus points, we would have achieved something against Japan. 'One way to achieve these bonus points, and perhaps an elusive win, is not to play a set-piece game against a strong Japanese pack. We ...

  8. Bankers not happy with share bonuses

    Posted Mar 28th 2012, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Hong Kong bankers are unimpressed by their employers' plan to offer shares as an alternative to cash bonuses. They rate it only slightly higher than free ... such as private medical care, pension contributions and holiday allowances, according to headhunting firm Astbury Marsden. 'In an economic downturn, share bonuses work well and do not erode ...

  9. Bonus blow for players as association fails to find FA Cup sponsor

    Posted Mar 20th 2012, 12:00am

    ... the Senior Shield and the League Cup champions collect a hefty winning bonus of HK$250,000 offered by their respective sponsors, this is not the case for the FA Cup, which was drawn at the Hong Kong ... China in the final. 'In Hong Kong, winning bonuses always play an important role as a strong incentive. But as the coach, I will still ask the players to give their best in every match, ...

  10. Staff bonuses and perks slashed after tough 2011

    Posted Feb 13th 2012, 12:00am

    ... George Chen and May Chan Investment banks slashed the 2011 bonuses paid to staff in Asia by 30 to 40 per cent from 2010 payouts, and scrapped some non-cash benefits including housing ... to financial industry sources, most major investment banks including Morgan Stanley, Citigroup, Bank of America Merrill Lynch, and Deutsche Bank, announced sharply reduced 2011 bonus plans to staff ...




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