New Zealand to get "once in a generation" USD 20m bonus from Cricket World Cup
New Zealand to get "once in a generation" USD 20m bonus from Cricket World Cup

In what has been dubbed as a once in a million chance to boost cricket in New Zealand, the country's cricket board is reportedly expected to get a 20 million dollar bonus from next year's World Cup.

Raj CM announces generous bonus for Roadways employees

 Showing her generosity Chief Minister Vasundhara Raje on Wednesday announced to pay bonus to employees of the State Road Transport Corporation (RSRTC) who were earlier denied by their Governing Council, an official spokesman said.

Delhi Congress gives 2 months salary as Diwali bonus to employees

In an effort to boost their moral ahead of possible Assembly polls, Delhi Congress on Wednesday offered its employees a bonus of two months salary as a "Diwali gift", in first such financial assistance in the last 15 years.

Hooda seeks bonus for wheat farmers

Haryana Chief Minister Bhupinder Singh Hooda on Sunday said he has requested the Centre to give a bonus of Rs 200 per quintal to farmers on wheat procurement.

Railways employees to get 78 days` bonus

Over 12.60 lakh non-gazetted
Railway employees will benefit from a decision by the Union
Cabinet today to give the highest ever Productivity Linked
Bonus (PLB) equivalent to 78 days` wages to them this festival
season.

UP govt employees get bonus

In a pre-Diwali bonanza, Uttar
Pradesh Chief Minister Mayawati today announced a bonus of 30
days` pay for state employees for the financial year 09-10,
official sources said.

Diwali bonanza for railway staff: 77 days` wages as bonus

In a Diwali bonanza for nearly 13
lakh railway employees, government on Tuesday decided to give 77
days wage as productivity linked bonus to all non-gazetted
staff of the largest PSU.

Uttar Pradesh govt to pay bonus to employees

Uttar Pradesh government on Friday
decided to give bonus to its employees fulfilling their long
pending demand.

BofA approved more than $4 bn for 2009 pay - WSJ

Bank of America Corp has approved more than $4 billion in 2009 pay for its investment bankers and traders, according to the Wall Street Journal.

Globalisation rules must take India, others on board: Sarkozy

India, Latin America and Africa must be taken on board while framing the rules for globalisation in the post-economic crisis scenario, French President Nicolas Sarkozy said at WEF`s annual meeting here.

Goldman faces lawsuit over anticipated bonuses

Goldman Sachs Group Inc is being sued by an institutional investor who claims the firm is preparing to pay out improper bonuses.

Top British banker admits `mistakes` on bonuses

A top British banker said "mistakes were made" within the industry as bank employees racked up huge bonuses, in an interview with The Sunday Telegraph newspaper.

Brown, Sarkozy in united front on bank bonuses

British Prime Minister Gordon Brown and French President Nicolas Sarkozy urged Thursday other leaders to impose a tax on bankers` bonuses, in a united front amid tensions between London and Paris.

British banks face tax on bonuses: Reports

Britain`s government is considering slapping a "supertax" on bankers` bonuses amid fears of a lavish season for senior staff despite the global financial crisis, reports said on Monday.

1,000 bankers quit RBS over bonus row: Report

More than 1,000 investment bankers have quit the Royal Bank of Scotland to join rival firms after the British government ordered the lender to clamp down on bonuses this year, a media report says.

Top US, European banks set aside $300bn for staff pay, bonuses

Notwithstanding their cost-cutting drives to survive the downturn, some of the biggest banks in the US and Europe have so far set aside close to USD 300 billion for employee compensation and benefits this year.

British PM vows to curb bankers` bonus

Prime Minister Gordon Brown
has promised to introduce legislation to "transform" the
policing of Britain`s financial sector when his government
sets out its political programme this week.

Wall St pay too high: Billionaire Bill Gates

Bill Gates said on Wednesday he believes Wall Street pay is "often too high" and that US government ownership of American International Group Inc worries him because it has devalued the giant insurer.

AI pays a month initiatives to pilots, may scrap PLI

Faced with a strike threat by its pilots, Air India paid a month`s incentives and allowances to its 30,000 employees as it prepares for a crucial meeting of its Board tomorrow to decide on major cost-cutting initiatives.

Most US firms plan to reduce bonus component: Grant Thornton

Most of the companies in the US
are still practising cost-cutting measures and more than half
of the firms are in favour of reducing the bonus component of
their employees, says a survey.