FirstRand starts new bonus for top managers after Covid stripped rewards
FirstRand started an incentive program to retain its top managers after the economic fallout of Covid hit earnings and sank share-based rewards.
Bonuses
Markus Jooste paid himself $2.4m in bonuses without approvals – Steinhoff report
Steinhoff’s former CEO Markus Jooste received almost $2.4m of bonuses without required approvals in the months before the global retailer almost collapsed amid an accounting crisis.
UK bankers bonuses rise by a third in 2013
LONDON, March 11 (Reuters) – Almost half of Britain’s bankers and other financial services professionals to receive 2013 bonuses were awarded more than the previous year, with the average payout rising by nearly a third, a survey showed on Tuesday. The increase in bankers bonuses comes against the backdrop of public and investor anger over … Read more