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Netflix hikes CEO salary by 50% for 2014

Last Updated: Tuesday, December 31, 2013, 18:36

Netflix Inc raised the salary of its Chief Executive Reed Hastings by 50 percent to USD 6 million for 2014, a regulatory filing showed, as its stock quadrupled in value this year amidst new programming and a growth in subscriber base.

Youths demanding salaries hit roads, dozens detained

Last Updated: Monday, December 30, 2013, 19:32

number of youths, engaged under a centrally-sponsored scheme, Monday blocked the Residency Road in the heart of the city protesting what they alleged failure of the government to release their salaries.

Devyani case: Maid`s salary doesn`t include cash, meals, housing, says US law

Last Updated: Friday, December 20, 2013, 17:27

Payments made to the domestic maid of Indian diplomat Devyani Khobragade in cash or to Indian bank accounts and provision of service accommodation and meals as part of salary are grounds that may not be in compliance with US notifications in this regard.

Cabinet proposal soon to constitute 7th Pay Commission

Last Updated: Thursday, December 19, 2013, 16:27

The central government is likely to constitute the 7th Pay Commission for revising the salaries of its over 50 lakh employees before the start of process of next general elections due in May, 2014.

Salaries slashed and delayed in crisis-hit Greece

Last Updated: Wednesday, December 18, 2013, 12:34

In the crisis-hit, jungle-like Greek job market, not only has unemployment reached staggering heights, but salaries are paid with huge delays and sometimes employees are even paid in kind.

UP Mining Minister deducts one-day salary of 150 employees

Last Updated: Wednesday, December 11, 2013, 17:27

After finding 150 employees absent from their duties at Mining directorate here, Uttar Pradesh Mining Minister Gyatri Prasad Prajapati on Wednesday ordered to deduct their one-day salary.

Protect employees who are defying strike, UP govt to police

Last Updated: Monday, November 11, 2013, 20:54

Uttar Pradesh government on Monday directed district police chiefs to ensure safety of all the government employees willing to defy the call for strike tomorrow by unions demanding better salary and pension.

BlackBerry offers bumper package to new CEO

Last Updated: Friday, November 08, 2013, 09:00

BlackBerry Ltd will pay its new interim CEO a base salary of $1 million, a bonus of up to twice that amount as well as stock awards potentially worth some $85 million.

Factoring inflation, wages in India to rise by just 2%: Report

Last Updated: Wednesday, November 06, 2013, 15:47

Employees in India can expect to see their pay increase by an average of 11 per cent in 2014, though after factoring in inflation, the rise would be just 2 per cent, according to the latest Salary Trends survey by ECA International.

Zuckerberg sets new record for corporate compensation with $2.37 bn earnings

Last Updated: Thursday, October 24, 2013, 10:34

According to the GMI Ratings, Zuckerberg`s salary of 5,03,000 dollars and bonus of 2,66,000 dollars were eclipsed by stock options worth around 2.27 billion dollars.

‘Facebook’s Zuckerberg paid record $2.2 billion’

Last Updated: Wednesday, October 23, 2013, 20:56

Facebook chief Mark Zuckerberg set a new record for corporate compensation in 2012 with a package worth more than USD 2.278 billion, according to a survey by a corporate governance firm.

Saudis take to Twitter to demand better pay

Last Updated: Monday, October 07, 2013, 14:19

Despite their country boasting the world`s greatest oil wealth, many Saudis complain their salaries are not enough to make ends meet, and are taking to Twitter to demand more money.