Previous
HP: Layoffs For Some, Bonuses For Others
News Although it plans to lay off thousands of workers if its merger with Compaq goes through, Hewlett-Packard is also offering hefty bonuses to some 6,000 key employees it wants to keep. Details of the bonuses came in a revised, but not final, version...
[January 15, 2002, 14:27]
Dell Cuts Bonuses And Reduces Management
News Days after returning to the helm of the computer maker he founded, Michael Dell told employees in a memo that the company would eliminate bonuses and reduce management to cut costs. Michael Dell, who returned to the company as chief executive...
[February 5, 2007, 9:17]
CA Execs Hold On To Million-dollar Bonuses
News The proposal called on CA to return to shareholders bonuses paid to the company's top executives in 2000. The bonuses were based on company performance. Because of the restatement, Amalgamated is calling on CA to take back bonuses and other money...
[August 26, 2004, 9:30]
Many SMEs Missing Out On Online Bonuses
News Small businesses don't know they could pick up on a tax-free payment from the government for filing their employers' annual return online. If they file their return online, small businesses can claim a £250 payment from HM Revenue and Customs.
[April 25, 2005, 9:35]
No Merit In C&W's Mega Bonuses
Leader Our friends at Cable & Wireless are courting controversy again. This time, its top brass may soon have the chance to scoop a share of £216m in return for turning the struggling company around. An individual director such as John Pluthero could...
[May 16, 2006, 17:20]
Unions Attack C&W Bonus Plan
News The Communication Workers Union (CWU) has reacted angrily to an announcement this week that senior managers at struggling telco Cable & Wireless (C&W) could be in line for multi-million-pound bonuses.
[May 15, 2006, 17:15]
US Study: IT Salaries Take A Tumble
News A benchmark salary is considered the compensation that a company would need to pay to attract the best performers in a given IT position, including base salary along with bonuses and benefits. Dropping corporate profits have eaten away at the...
[June 14, 2001, 12:27]
KPNQwest Could Be Tainted By Alleged Ebone Fraud
News The suit, filed last week in New York, alleges that the executives, Robert Amman, Robert Schriesheim, Duncan Lewis and Grier Raclin, secretly agreed huge pay rises and bonuses for themselves, while publicly "restructuring" the company from 2000 to...
[June 11, 2002, 16:48]
£50m Failure Of UK E-university Probed
News The committee is highly critical of bonuses paid to senior staff which it says were were "wholly unacceptable and morally indefensible". Any company which paid bonuses of this kind having underperformed in the way that UKeU did would face severe...
[March 3, 2005, 16:15]
MS Billionaire Gates Gets Small Pay Raise
News In the latest fiscal year, Gates took home $591,352 in salary and bonuses -- before taxes -- according to documents filed with the Securities and Exchange Commission Thursday. The next highest paid member of Microsoft's executive team, executive...
[September 26, 1997, 14:02]
UK Tech Industry Faces Recruitment Crisis
News Bonuses are also down in the IT industry. Across the sector 34.7 percent of executives were awarded bonuses, down from 59.5 percent in 2006. Recruitment problems were reported by 81 percent of employers and a third said they now offer "golden...
[June 27, 2007, 8:17]
AMD Execs Rake In Rewards Of Profitable 2000
News Sander's 2000 package would have been $1.2m higher but for a cap on bonuses. As with Sanders' compensation, a substantial portion of the increase came from bonuses. The compensation figures for all three and other AMD executives include salary...
[April 5, 2001, 13:31]
Pay-tracking Tools A Sign Of The Times
News These errors can have a significant effect on the corporate bottom line because bonuses, commissions and other performance-based pay accounts for nearly 11 percent of a the average company's total payroll expenses, according to Hewitt Associates...
[August 15, 2002, 16:38]
Shareholder Revolt Forces Vodafone To Review Bosses' Pay
News Although this was not enough to see this year's bonuses thrown out, it clearly rattled the company. One unhappy shareholder claimed that such bonuses were inappropriate given that Vodafone is worth £40bn less than a year ago.
[July 25, 2001, 16:04]
Sexism Still Rife In IT Support
News The figures revealed that 40 percent of managers boost their salary with bonuses. Their underlings are not so fortunate: just 17 percent of helpdesk operators surveyed get bonuses. Male IT support workers earn on average 18 percent more than their...
[April 11, 2005, 14:35]
Dell Drops 'computer'
News The bonuses range from 150 percent of base salary during Dell's fiscal 2004 to as much as 300 percent of base salary in fiscal 2007, the company said in a recent filing with the Securities and Exchange Commission.
[July 21, 2003, 9:34]
UK Sees Worst IT Skills Shortage For A Decade
News The number of performance-related bonuses is also on the increase, up from six to 44 percent, with the value of those bonuses rising from 7.5 percent to 8.3 percent. The UK's IT sector is suffering its worst shortage of skills for a decade...
[February 12, 2008, 8:16]
Women Pass Men In IT Pay Scale
News At the boardroom level, women's salaries are increasingly being supplemented by bonuses and, for the first time since the CMI salary survey started in 1974, they are receiving larger bonuses than male counterparts.
[September 19, 2005, 14:15]
HP's New CEO Gets $5m For Signing Up
News Hurd, who became NCR's top executive in March 2003, took home roughly $2m in salary and bonuses last year at NCR, up from about $1.5m the prior year, according to NCR's most recent proxy statement. In fiscal 2004, Fiorina received $1.4m in salary...
[March 30, 2005, 13:25]
Apple Misses Targets But Rewards Staff
News Lower-ranking Apple workers who take part in a separate bonus programme were eligible for bonuses, although the total pool was reduced because Apple missed its companywide targets, the company said. His income reflects $2.2m (£1.3m) in bonuses...
[March 25, 2003, 10:00]
