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  • Meta hikes bonuses for executives from 75% to 200% after laying off 3,600 employees

    Meta hikes bonuses for executives from 75% to 200% after laying off 3,600 employees

    A committee for Meta's board of directors approved the hike in bonuses after determining that its cash compensation for its executives was much lower than that enjoyed by executives holding similar positions at rival companies.

  • Ex-Google techie says he got a promotion and Rs 80 lakh bonus 8 months after being hired

    Ex-Google techie says he got a promotion and Rs 80 lakh bonus 8 months after being hired

    'My first two months at Google? Honestly, they were weird,' Jerry Lee, who worked with the tech giant for three years, said.

  • Reliance Industries extends last date for paying call money on partly paid shares to October 7

    Reliance Industries extends last date for paying call money on partly paid shares to October 7

    Investors whose partly-paid shares will be forfeited will not be eligible for Reliance Industries' recently announced bonus issue on those shares.

  • Ahead of Friday AGM, Godfrey Phillips says board to consider 1:2 bonus issue; shares zoom to all-time high

    Ahead of Friday AGM, Godfrey Phillips says board to consider 1:2 bonus issue; shares zoom to all-time high

    Godfrey Phillips bonus issue: A 1:2 bonus means the shareholders will get two free shares for each held, if it is approved by the board.

  • Woman gets baked potato as Christmas bonus from office, has to pay tax on it

    Woman gets baked potato as Christmas bonus from office, has to pay tax on it

    An employee was left feeling justifiably salty after receiving a baked potato as Christmas bonus from her company, and being told she would have to pay tax on it.

  • Know Your Rights 8: Is it compulsory for employers to give a bonus?

    Know Your Rights 8: Is it compulsory for employers to give a bonus?

    Ever wondered what to do if your employer denies a bonus? Find out in the eighth episode of 'Know Your Rights' as we delve into the details of the bonus act. Watch now!

  • Billionaire Taylor Swift may outshine many big banks in bonus payouts this year

    Billionaire Taylor Swift may outshine many big banks in bonus payouts this year

    The massive ticket sales (over $780 million) of Eras Tour propelled Taylor Swift to a billionaire.

  • Fin Min caps bonus for central government staff at Rs 7,000 for FY23

    Fin Min caps bonus for central government staff at Rs 7,000 for FY23

    The cap on the ad-hoc bonus for 2021-22, announced on October 6, 2022, was also Rs 7,000

  • Railway employees union demands productivity-linked bonus on the basis of 7th pay commission

    Railway employees union demands productivity-linked bonus on the basis of 7th pay commission

    the workers get every year ahead of the festive season. The railways pay PLB, which is equivalent to 78 days' wages, to all non-gazetted employees (Group C and Group D) as an incentive to increase productivity and ensure safety. The PLB is calculated on the basis of the minimum salary paid to the lowest grade (Group D) employees.

  • Shriram Life Insurance declares bonus of Rs 149 crore

    Shriram Life Insurance declares bonus of Rs 149 crore

    The bonus saw an increase of 25 per cent over the previous year and will benefit 3.29 lakh individuals.

  • PNB Metlife policyholders get Rs 768.6 crore in bonus

    PNB Metlife policyholders get Rs 768.6 crore in bonus

    The insurer said the dividend for the year is 29 per cent higher than what it had paid out in FY22 and will benefit 5.52 lakh participating policyholders.

  • This company gave a bonus of Rs 3.5 lakh to each of its 19,700 employees

    This company gave a bonus of Rs 3.5 lakh to each of its 19,700 employees

    The company stated that the payment of this bonus is part of the "value sharing" policy and goes hand in hand with an increase in the dividend distributed to shareholders.

  • IIFL Wealth Management gains as board to consider dividend, bonus shares, stock-split

    IIFL Wealth Management gains as board to consider dividend, bonus shares, stock-split

    The board meeting, scheduled for January 19, will also take up the December quarter results, the company has told exchanges

  • This company is rewarding employees with 4 years’ salary as bonus

    This company is rewarding employees with 4 years’ salary as bonus

    Evergreen Marine Corp. has given some employees year-end bonuses equal to 50 months' salary, or more than four years' pay, on average, according to a Bloomberg report.

  • 10 lucky employees randomly get $100,000 as bonus from Australia’s richest person

    10 lucky employees randomly get $100,000 as bonus from Australia’s richest person

    Australia's richest person Gina Rinehart has surprised 10 employees with a $100,000 Christmas bonus.

  • PNB MetLife announces Rs 594 crore bonus to policyholders for FY22

    PNB MetLife announces Rs 594 crore bonus to policyholders for FY22

    This bonus sum will benefit 4.95 lakh customers whose policies were in force as of 31st March 2022, PNB MetLife said in a release.

  • Who is lavishing employees with a massive bonus?

    Who is lavishing employees with a massive bonus?

  • Executive pay and climate: Can bonuses be used to reduce emissions?

    Executive pay and climate: Can bonuses be used to reduce emissions?

    Senior management pay is increasingly linked to sustainability targets, but critics are sceptical this will amount to meaningful change

  • Cabinet approves bonus equal to 78 days' wages for around 11.56 lakh Railway employees

    Cabinet approves bonus equal to 78 days' wages for around 11.56 lakh Railway employees

    The total productivity-linked bonus for railway employees has been estimated to be around Rs 1,985 crore, Railway board chairman Suneet Sharma said at a separate press conference.

  • Cabinet to approve Diwali bonus equal to 78 days' wages for railway staff: Sources

    Cabinet to approve Diwali bonus equal to 78 days' wages for railway staff: Sources

    In 2019-20, the Indian Railways had given its nearly 11.58 lakh non-gazetted employees a bonus of 78 days amounting to a total of Rs 2,081.68 crore.

  • Tata Steel announces Rs 270.28 crore annual bonus for 2020-21

    Tata Steel announces Rs 270.28 crore annual bonus for 2020-21

    A Memorandum of Settlement was signed on Wednesday between Tata Steel and the Tata Workers' Union, for payment of annual bonus for the accounting year 2020-2021, the release issued by the company said.

  • Accenture doles out one-time bonus to employees

    Accenture doles out one-time bonus to employees

    The company added 22,365 people during the quarter even as its attrition stayed low at 12 percent.

  • Diwali bonanza: Over 30 lakh govt employees to get bonus by next week

    Diwali bonanza: Over 30 lakh govt employees to get bonus by next week

    This bonus will be given to employees shortly before Vijayadashami in a single instalment through a direct transfer, the minister said

  • Up to 72% respondents say they will soon take a personal loan to meet high-priority expenses: IndiaLends Survey

    Up to 72% respondents say they will soon take a personal loan to meet high-priority expenses: IndiaLends Survey

    The nationwide survey of nearly 5,000 respondents threw up surprises on number of respondents opted for loan moratorium, planning to take personal loan, struggling to continue with investments and more.

  • Use Diwali bonus to reduce your high-cost EMI burden

    Use Diwali bonus to reduce your high-cost EMI burden

    A bonus, no doubt, can be spent away. But if used well, it gives you once-a-year option of putting your personal finances back on track

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