Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal Council said on Wednesday. Under Swiss banking law, the Federal Council can impose bonus-related measures on a systemically important bank if it received state […]
Boeing CEO David Calhoun missed out on a $7 million bonus last year, but still got a raise. Boeing’s proxy filing Friday disclosed that when Calhoun started as CEO of Boeing in January of 2020, the board gave him a $7 million bonus package if he completed a list of goals by the end of […]
In view of the shortage of skilled workers, Labor Minister Heil has called on companies to take action. Employers’ president Dulger speaks of “lectures that are far removed from reality”. The president of the employers’ association BDA, Rainer Dulger, has sharply criticized Federal Labor Minister Hubertus Heil (SPD). Referring to statements made by the minister […]
The company will provide the extraordinary contribution against high bills to 1,700 workers. It ranges from 1,000 euros for those with a ral under 35 thousand euros, to 500 for those with a ral over 50 thousand Italcementi workers’ 13th month bonus will be enriched with an extraordinary bonus of up to 1,000 euros for […]
A City Council member has failed to respond to a cease-and-desist letter he received for allegedly illegally dumping refuse on designated wetlands located on city-owned property. A copy of the cease-and-desist letter shows officials on the Environmental Impact Commission, in coordination with the city’s health department, sent their order to City Council member Michael Halas […]
