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  • April 19, 2014
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  1. HK executives prefer cash bonus over stocks

    Posted Sep 03rd 2011, 12:00am

    ... John Brennan What gets you out of bed in the morning? If you are an executive or director in Hong Kong, it could be your short-term incentive (STI) compensation plan. The proportion of the 2010 rise in executive compensation made up by STIs- annual bonuses and the like- was one of the most notable features of Ernst & Young's 2011 China and Hong Kong executive ...

  2. KCRC chief defends big bonus despite poor year

    Posted May 06th 2007, 12:00am by Liz Heron

    ... Liz Heron The KCRC chairman has defended the decision to award bonuses totalling HK$614,000 to senior executives despite a management feud and a faulty equipment crisis last year. Michael ... be too difficult to implement,' he said. Executives are paid a basic salary, plus performance pay and bonuses. Six top executives of the Kowloon-Canton Railway Corporation were awarded ...

  3. Pay rise for all?

    Posted Oct 09th 2004, 12:00am by Staff Reporter

    ... Labour unions have urged Hong Kong employers to raise salaries across the board to pre-Sars levels. They criticised the advice for firms to pay discretionary bonuses. What do you think? Share your views: write to us. ...

  4. Employees come first 'in good or bad times'

    Posted Apr 18th 2009, 12:00am by Eileen Lian

    ... with a contractual bonus scheme. The retail giant calls this its 'balanced scorecard' - an additional bonus that is paid on top of the 13th month bonus. Employee scores are computed based on job ... the extra bonus due to the staff. 'The approach is very objective. It is very clear cut and structured,' Ms Mak said. 'In a lot of companies, the bonus is discretionary.' ...

  5. Nothing wrong with stellar pay rates as long as targets are met

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... high-potential candidates were presumably high-level company executives and are therefore used to their income being split into a lower percentage of fixed income and a higher percentage of target bonus ... high bonuses based on transparently defined targets and publicised target achievement evaluations. To bring the evaluation process even more in line with the administration's claim ...

  6. BEA chief defends 46pc pay increase

    Posted Feb 22nd 2005, 12:00am by Enoch Yiu

    ... $36.38 million in 2003. The rise was due mainly to a 74.7 per cent jump in performance-related bonuses to $26.59 million and a 162.5 per cent increase in share options to $8.87 million. Corporate ... in a telephone interview with the South China Morning Post. 'The board of directors decided to cap the bonus and pay rise in 2003 as a result of [the bank's] uncertain outlook due to the Sars ...

  7. Package of incentives helps big developer retain staff

    Posted Dec 13th 2007, 12:00am by Rosheen Rodwell

    ... start to finish, setting precise targets on profit, accident rate and environmental impact, while closely monitoring progress and awarding bonuses, which depend on the performance of the project and of each individual. As projects can take up to three years, these bonuses are given half way through a project as well as at the end, as a way of ensuring staff are motivated. The company paid out ...

  8. Take Two

    Posted Jul 07th 2007, 12:00am by Raymond Ma

    ... on reward management, incorporating new research, over 30 new case studies, and additional chapters on engagement and commitment, bonus schemes, rewarding knowledge workers and the responsibility ...

  9. First Person

    Posted Jun 14th 2007, 12:00am by Simon Parry

    ... look at the figures you have to ask yourself 'How can they come up with such numbers?' The method of calculation seems to be at fault. In the civil service there are no bonuses and there is no variable pay. So when the government did its survey, it averaged out the private sector bonuses and variable pay and added it all up. By doing that, it is counting everything twice. Government jobs ...

  10. Directors' huge pay packets draw fire

    Posted Mar 15th 2005, 12:00am by Denise Tsang, Enoch Yiu

    ... a 46 per cent increase on 2003, mainly because of a long-term incentive bonus that was introduced in 2001 but only paid last year. Last month, Bank of East Asia's annual report showed its ... the directors had not received pay rises or bonuses in 2003 despite a 51 per cent profit growth. The sharp increases in Hong Kong come as United States companies rein in cash and stock-related awards ...




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