International Business News - Bonus http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Even though employees at the Peer Bearing Co. no longer work for the Spungen family that recently sold the Waukegan-based ball bearings maker, they still received a turkey each this Thanksgiving in keeping with tradition. http://www.ibtimes.com/data/articleimgs/185584-big-bonus.jpg http://www.ibtimes.com/articles/20081129/ill-family-thanks-employees-with-surprise-bonuses.htm http://www.ibtimes.com/articles/20081129/ill-family-thanks-employees-with-surprise-bonuses.htm Sat, 29 Nov 2008 09:36:49 EST Even though employees at the Peer Bearing Co. no longer work for the Spungen family that recently sold the Waukegan-based ball bearings maker, they still received a turkey each this Thanksgiving in keeping with tradition. http://www.ibtimes.com/data/articleimgs/185194-big-bonus.jpg http://www.ibtimes.com/articles/20081128/family-thanks-employees-with-giant-bonuses.htm http://www.ibtimes.com/articles/20081128/family-thanks-employees-with-giant-bonuses.htm Fri, 28 Nov 2008 19:21:19 EST South Carolina Treasurer Converse Chellis wants the state to hold off paying a $176,500 bonus to the man chiefly responsible for making the state's retirement investment decisions. http://www.ibtimes.com/articles/20081126/sc-treasurer-stop-176-500-bonus-to-official.htm Wed, 26 Nov 2008 15:48:12 EST US Airways Group Inc. said Thursday that some of its frequent fliers will have their preferred bonus miles and preferred minimum miles reinstated as the airline attempts to keep that segment of its customer base happy during worsening economic conditions. http://www.ibtimes.com/articles/20081120/us-airways-to-reinstate-some-frequent-flier-miles.htm Thu, 20 Nov 2008 08:25:20 EST New York Attorney General Andrew Cuomo on Tuesday asked troubled insurance giant American International Group to reveal whether it intends to give bonuses or raises to its executives this year. http://www.ibtimes.com/articles/20081118/nys-cuomo-asks-aig-to-detail-plans-for-exec-pay.htm Tue, 18 Nov 2008 17:53:14 EST BYE, BYE BONUS: Goldman Sachs Group Inc.'s CEO and six other executives will forgo bonuses this year amid the ongoing credit crisis. The move follows a brutal earnings season and comes less than a month after the bank received a $10 billion capital injection as part of the government's financial bailout. http://www.ibtimes.com/articles/20081117/summary-box-bank-execs-feel-pressure.htm Mon, 17 Nov 2008 19:00:37 EST Better to be a broker than a baron on Wall Street if you're expecting a big bonus this year. The decision by top Goldman Sachs executives to forgo bonuses in 2008 is forcing other investment bank bosses to consider following suit. But thousands of lower-tier brokers will still collect hefty bonuses as firms try to keep their top talent from bolting for boutique firms or other industries. http://www.ibtimes.com/data/articleimgs/176863-goldman-sachs-bonuses.jpg http://www.ibtimes.com/articles/20081117/pressure-grows-for-bank-execs-to-give-up-bonuses.htm http://www.ibtimes.com/articles/20081117/pressure-grows-for-bank-execs-to-give-up-bonuses.htm Mon, 17 Nov 2008 18:48:45 EST Former UBS AG Chief Executive Peter Wuffli has renounced 12 million Swiss francs ($10.2 million) in payments he was to receive under his contract when Switzerland's largest bank fired him as the subprime crisis began, the bank said Sunday. http://www.ibtimes.com/articles/20081109/ubs-ex-executive-renounced-10m-in-exit-pay.htm Sun, 09 Nov 2008 12:22:39 EST Michael Phelps will put his $1 million bonus to good use, announcing plans to start a foundation promoting water safety and youth swimming. Joe Gromek, president and CEO of Warnaco, Speedo's U.S. parent company, presented a check to Phelps on NBC's "Today" show Tuesday. http://www.ibtimes.com/articles/20080902/phelps-using-1m-bonus-to-start-swim-foundation.htm Tue, 02 Sep 2008 15:04:08 EDT Swimmer Michael Phelps says he's using a $1 million bonus from Speedo for tying Mark Spitz's seven gold medals in one Olympics to start a foundation promoting water safety and youth swimming. http://www.ibtimes.com/articles/20080902/phelps-using-1m-bonus-to-start-swim-foundation.htm Tue, 02 Sep 2008 15:00:58 EDT Oklahoma officials say a typo resulted in a state employee receiving a bonus of $850,000--but it was only temporary. Jo Harris was supposed to receive an $850 longevity bonus for working at the Oklahoma Employment Security Commission for seven years. But a misplaced decimal point turned that into a six-figure windfall. http://www.ibtimes.com/articles/20080823/okla-state-worker-temporarily-gets-6-figure-bonus.htm Sat, 23 Aug 2008 13:09:19 EDT One of the last official acts of Aquila Inc.'s board of directors before handing the company to Great Plains Energy Inc. on Monday was to give its outgoing chief executive a $1 million parting gift. http://www.ibtimes.com/articles/20080716/aquila-board-gives-ceo-green-1-million-bonus.htm Wed, 16 Jul 2008 11:39:40 EDT Dell Inc. gave its former chief financial officer $300,000 last week for helping manage the company's responses to investigations of its accounting practices. http://www.ibtimes.com/articles/20080630/dell-gives-300-000-bonus-to-outgoing-cfo.htm Mon, 30 Jun 2008 16:02:28 EDT Back in the day of chain gangs, Alabama passed a law that gave sheriffs $1.75 a day to feed each prisoner in their jails, and the sheriffs got to pocket anything that was left over. More than 80 years later, most Alabama counties still operate under this system, with the same $1.75-a-day allowance, and some sheriffs are actually making money on top of their salaries. http://www.ibtimes.com/data/articleimgs/47875-jail-food-bonus.jpg http://www.ibtimes.com/articles/20080517/alabama-sheriffs-feed-inmates-on-1-75-a-day.htm http://www.ibtimes.com/articles/20080517/alabama-sheriffs-feed-inmates-on-1-75-a-day.htm Sat, 17 May 2008 00:58:36 EDT Back in the day of chain gangs, Alabama passed a law that gave sheriffs $1.75 a day to feed each prisoner in their jails, and the sheriffs got to pocket anything that was left over. More than 80 years later, most Alabama counties still operate under this system, with the same $1.75-a-day allowance, and some sheriffs are actually making money on top of their salaries. http://www.ibtimes.com/data/articleimgs/47811-jail-food-bonus.jpg http://www.ibtimes.com/articles/20080516/alabama-sheriffs-feed-inmates-on-1-75-a-day.htm http://www.ibtimes.com/articles/20080516/alabama-sheriffs-feed-inmates-on-1-75-a-day.htm Fri, 16 May 2008 21:04:44 EDT