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  • April 18, 2014
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  1. Business - Banking & Finance

    Barclays raises bonus payout despite drop in earnings

    Posted Feb 11th 2014, 03:58pm by Reuters

    ... Reuters in London Barclays said it paid out £2.4 billion (HK$30.5 billion) in incentive awards for last year after raising bonuses in its investment bank by 13 per cent despite a slump in profits in the business. The British bank said it increased its bonuses and other incentive awards to staff across the bank by 10 per cent and paid out £1.57 billion in bonuses across ...

    http://www.scmp.com/business/banking-finance/article/1425982/barclays-raises-bonus-payout-despite-drop-earnings
  2. News - Hong Kong - EDUCATION

    Exam authority staff to share in HK$2m performance bonuses

    Posted Mar 12th 2014, 04:07am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Exam staff to share HK$2m in bonuses The exam authority will give out HK$2 million in performance bonuses again this year after being criticised last year ... performing employees- some 10 per cent of its total staff- as performance bonuses. The bonuses, which are about two weeks' to one month's salary, will be disbursed in two stages. The first ...

    http://www.scmp.com/news/hong-kong/article/1446547/exam-authority-staff-share-hk2m-performance-bonuses
  3. Business - Banking & Finance - BRITAIN

    Bailed-out banks' bonuses put pressure on Britain's George Osborne

    Posted Mar 09th 2014, 06:22am by GDN

    ... The Guardian in London Payments to RBS and Lloyds executives inflame row over City pay Bailed-out banks' bonuses bring pressure for Osborne British finance minister George Osborne is facing calls to explain bonus payouts worth around £35 million (HK$454 million) that have been handed out by the bailed-out Royal Bank of Scotland and Lloyds Banking Group. The scale ...

    http://www.scmp.com/business/banking-finance/article/1443856/bailed-out-banks-bonuses-put-pressure-britains-george
  4. Business - Companies - REMUNERATION

    Glaxo cuts chief executive's bonus over China bribery scandal

    Posted Mar 01st 2014, 01:14am by BLOOM

    ... Bloomberg in London Glaxo cuts chief's bonus over China bribery scandal A mainland investigation into bribery allegations against GlaxoSmithKline has prompted the board of the British drugmaker to rein in chief executive Andrew Witty's bonus. Witty's bonus of £1.88 million (HK$24.3 million) was lower than the potential £2.12 million he might have received, Glaxo said ...

    http://www.scmp.com/business/companies/article/1437557/glaxo-cuts-chief-executives-bonus-over-china-bribery-scandal
  5. Business - Companies - REMUNERATION

    Sony executives give up bonuses after losses

    Posted May 04th 2013, 12:00am by Bloomberg

    ... As electronics sales suffer, management to forgo benefits worth up to 50 per cent of annual pay Sony executives will give up their bonuses after firm's main electronics business was unprofitable for a second year. The board backed a proposal from chief executive Kazuo Hirai that management forgo bonuses worth 30 per cent to 50 per cent of their annual pay in the year to March 31, ...

    http://www.scmp.com/business/companies/article/1229603/sony-executives-give-bonuses-after-losses
  6. Business - Comment - LAI SEE

    Make Hong Kong more family-friendly says women's survey

    Posted Feb 23rd 2013, 12:00am by Howard Winn

    ... Organisation about half of all Americans who keep smoking will die because of the habit.   Bigger bonuses in Hong Kong Bonuses are a source of no little interest to the financial community. So we were interested to see from the eFinancialCareers Annual Bonus Survey that 39 per of finance professionals in Hong Kong received a bigger bonus in 2012 than they did in 2011, while 22 per cent saw ...

    http://www.scmp.com/business/article/1156581/make-hong-kong-more-family-friendly-says-womens-survey
  7. Business - Comment - IN BUSINESS

    Why bonus time is a tricky business for employers

    Posted Jan 22nd 2014, 12:19am by Stephen Vines

    ... Stephen Vines Many employees will be more interested in relative nature of their payment and draw conclusions not intended by their bosses Why bonus time is a tricky business for employers The period running up to the Lunar New Year can be very tricky for employers and employees, probably more for the former, because this is when decisions have to be made about bonuses. Some companies ...

    http://www.scmp.com/business/article/1410462/why-bonus-time-tricky-business-employers
  8. Business - Banking & Finance - REGULATION

    EU lawmakers warn of hard line on bonus caps

    Posted Jan 15th 2014, 01:38am by BLOOM

    ... Bloomberg in Brussels EU lawmakers warn of hard line on bonus caps Bonus-cap exemptions championed by the European Union's banking regulator may be vetoed by EU lawmakers who said ... to implement a law to cap bankers' bonuses at twice their salary. The European Banking Authority last month advised the commission to allow waivers to some staff earning up to €1 million (HK$10.6 ...

    http://www.scmp.com/business/banking-finance/article/1405811/eu-lawmakers-warn-hard-line-bonus-caps
  9. News - China

    Sichuan villagers sleep on stacks of cash worth 12m yuan to guard co-operative bonus

    Posted Jan 15th 2014, 11:50am by Andrea Chen

    ... enterprise bonus due to be distributed to villagers the next morning, Huaxi Metropolis Daily reported. “It is not comfortable at all to sleep on cash,” one of guards told the newspaper, adding ... as a bonus to 340 households in Jianshe village, Liangshan Yi Autonomous Prefecture on Tuesday. It took the villagers two days to distribute the “bricks” of a 2-metre-long “money wall” they built ...

    http://www.scmp.com/news/china/article/1406080/sichuan-villagers-sleep-stacks-cash-worth-12m-yuan-guard-co-operative
  10. Business - Banking & Finance - REMUNERATION

    Hong Kong employees at Asian banks expecting strong bonus season

    Posted Jan 07th 2014, 09:55am by George Chen, KANIS LI

    ... George Chen and Kanis Li Unlike their Western rivals, regional financial companiesare expected to offer fat rewards Asian banks to give bonus surprise Many Hong Kong-based employees of Asian financial companies, including mainland banks and securities firms that have expanded their offshore business in the city in recent years, may enjoy a better bonus season this year than ...

    http://www.scmp.com/business/banking-finance/article/1399613/hong-kong-employees-asian-banks-expecting-strong-bonus

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