Bonus

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Bonus - Total results - 26
TCS Q4 net profit up 4.4% at Rs 6,904 cr, revenue up 8.2%; board recommends 1:1 bonus
Business

TCS Q4 net profit up 4.4% at Rs 6,904 cr, revenue up 8.2%; board recommends 1:1 bonus

For the entire 2017-18, TCS saw its net profit dipping 1.7 percent to Rs 25,826 crore, while revenue rose 4.3 percent to Rs 1.23 lakh crore

Attractive pay packages: PSU banks to get higher bonus, ESOPs in 2017-18, says CAG
Business

Attractive pay packages: PSU banks to get higher bonus, ESOPs in 2017-18, says CAG

Rai said that the government is also looking at appointing full-time director or executive director in the PSBs, apart from the post of chairman and managing director

Check rising prices: Govt may hike MSP for pulses, bonus for farmers
Business

Check rising prices: Govt may hike MSP for pulses, bonus for farmers

A ministerial committee headed by Finance Minister Arun Jatley also decided to increase the buffer stocks to 20 lakh tonnes from the existing 8 lakh tonnes

Why unseemly high salaries of super CEOs need to be split in three ways
Business

Why unseemly high salaries of super CEOs need to be split in three ways

The redoubtable Narayana Murthy one of the founders of Infosys was booed some ten years ago when he pontificated before the distinguished CII audience that a CEO in all fairness should not take more than 15 times the lowest salary

Cheers! Higher bonus for workers becomes a reality
Business

Cheers! Higher bonus for workers becomes a reality

The government has notified the Payment of Bonus Act on January 1, a move which will benefit crores of workers whose wages are below Rs 21,000 per month

Cabinet nod to productivity-linked bonus for railway employees
Business

Cabinet nod to productivity-linked bonus for railway employees

The proposal was cleared at the Union cabinet meeting chaired by Prime Minister Narendra Modi, sources said.

What a boss! CEO gives more than £1,50,000  to each employee after selling his company
Business

What a boss! CEO gives more than £1,50,000 to each employee after selling his company

Nevzat Aydin, the CEO of Turkey’s biggest online food ordering service Yemek-sepeti, decided to give more than £1,50,000 in bonuses for each of the firm's 114 employees. Why? Because he felt that everyone had contributed to the success of his company.

What TCS massive bonus shows: Software's T-Rex is facing the downside of size
Corporate

What TCS massive bonus shows: Software's T-Rex is facing the downside of size

TCS announced a large bonus payout to its employees yesterday with its annual results, but the bonus is also indicative of the challenges it faces in managing a massive 3-lakh-plus workforce and size.

One graphic that explains why TCS doled out Rs 2,628 cr bonanza for staff
Business

One graphic that explains why TCS doled out Rs 2,628 cr bonanza for staff

The company management has admitted that the increase in attrition is serious but downplayed the concern

TCS shares head for biggest fall in six months after Q4 results disappoint
Business

TCS shares head for biggest fall in six months after Q4 results disappoint

Shares in Tata Consultancy Services fell as much as 4.4 percent on Friday, heading towards their biggest fall since October 2014, after the company's January-March revenue fell short of expectations.

TCS' Rs 2,628 cr bonus for its entire staff dents Q4 profit but creates Twitter buzz
Business

TCS' Rs 2,628 cr bonus for its entire staff dents Q4 profit but creates Twitter buzz

The company has about 319,000 employees globally. All employees who have completed at least a year of service with the company will be eligible for the bonus, TCS said.

IndiGo annouces bonus for pilots, cabin crew
Business

IndiGo annouces bonus for pilots, cabin crew

However, the airlines is also facing attrition with many of its pilots are being poached away by the Gulf-based carriers.

 Government offers Sri Lanka almost $1m to win World Cup
First Cricket News

Government offers Sri Lanka almost $1m to win World Cup

Sri Lanka's government Thursday announced a million dollar bonus to the national cricket team if they win this month's cricket World Cup being played in New Zealand and Australia.

Companies to give average 11% salary hike in FY15: survey
Corporate

Companies to give average 11% salary hike in FY15: survey

The salary hike across industries would be of an average 11 percent, while the average bonus will stand at 10 percent, the survey revealed.

Nearly 200 managers return part of bonuses as Samsung's performance dips
Corporate

Nearly 200 managers return part of bonuses as Samsung's performance dips

Nearly 200 managers at Samsung Electronics Co Ltd's mobile division have voluntarily returned a quarter of their first-half bonuses, a source with direct knowledge of the matter said, with the firm poised to post its worst quarterly profit in two years.<br />

Ghana's airlifts $3 million in cash to WC players...
Sports

Ghana's airlifts $3 million in cash to WC players...

President John Dramani Mahama has been forced to personally intervene in the latest bonus row to hit African football, which has seriously disrupted Ghana's preparations for its decisive Group G game against Portugal on Thursday.

Boost for morale: Infosys plans surprise bonus for top performers
Business

Boost for morale: Infosys plans surprise bonus for top performers

In the September quarter, Infosys made an unusual provision - of about Rs 130 crore - to pay bonus as it looks to reward its best employees before the end of current fiscal, the ET report said.<br /><br />

Expect 12% salary hike in 2013 but higher pay for good performers
Business

Expect 12% salary hike in 2013 but higher pay for good performers

Indian companies are expected to dole out an average salary hike of 12 percent in the next one year, while laying more emphasis on performance-linked pay packets, says a survey by global consultancy Mercer.

HSBC, StanChart to cut bonus payouts due to US fine
Business

HSBC, StanChart to cut bonus payouts due to US fine

HSBC and Standard Chartered will report a reduction in their bonus pools, reflecting separate settlements with US authorities over probes into money laundering and sanctions violations, Sky News reported on Sunday.