bonuses

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Report: Swift Doles Out Big Surprise to Tour Truckers

Singer is said to have paid each trucker on Eras Tour a $100K bonus

(Newser) - Taylor Swift isn't only having a seismic effect on the cities she performs in—she's also having an earthshaking impact on the wallets of truckers hauling her gear for her Eras Tour. The 33-year-old star performed at Levi's Stadium in Santa Clara, California, on Saturday, and TMZ...

Wall Street Bonuses Take a 26% Plunge

Decline cuts into New York tax revenue

(Newser) - With inflation rising last year and recession worries mounting, Wall Street firms saw profits slipping. One result was the pool for employee bonuses drying up after the good financial times early in the pandemic, the Guardian reports. The kitty fell 26% last year, putting the average bonus at $176,700....

Government Freezes Credit Suisse Bonuses

Switzerland won't block payments to employees 'who did not cause the crisis'

(Newser) - Switzerland's government said Tuesday that it's ordering Credit Suisse to temporarily suspend bonuses for employees after orchestrating a plan for the No. 2 Swiss bank to be taken over by rival UBS. The Swiss Department of Finance says federal law allows the government to set "remuneration-related measures"...

Barclays Holds Back $29M Bonus From Ex-CEO Tied to Epstein

Jes Staley resigned late last year amid an investigation by UK banking regulators

(Newser) - Update: More bad news this week for Jes Staley, as UK banking regulators continue to investigate exactly what his relationship was with the late Jeffrey Epstein. The Guardian reports that Barclays will be holding back up to $29 million in bonus and share payouts to its former CEO, who resigned...

Army Offers Biggest-Ever Enlistment Bonus

Recruits can earn up to $50K in incentives, depending on the career path they take

(Newser) - Labor shortages aren't just hitting the private sector during the pandemic. The military has been affected, too, though the US Army is now offering a carrot it hopes will bring in more recruits. An enlistment bonus of up to $50,000—the Army's biggest ever—is now on...

DeSantis to Anti-Vax Cops: We'll Give You $5K to Move Here

Governor hopes to sign legislation that would offer bonus to relocating officers resisting vax mandates

(Newser) - Ron DeSantis has an offer for police officers around the country: If you don't want to get vaccinated and may have to leave your job because of it, his state has a place for you. The Florida governor appeared on Fox News on Sunday, telling host Maria Bartiromo that...

Staff's Initial Glee on Bonuses Email Soon Turns to Ire

Train company slammed for sending 'phishing simulation test' under guise of extra payment

(Newser) - After working through the pandemic, employees of a UK railway company were excited to see an email in their inboxes indicating gratitude from management. Per CNBC , the message from higher-ups at West Midlands Trains indicated to 2,500 staff members they'd soon be receiving a bonus. "We realize...

Company Gives Workers a Painful Phishing Lesson

Email promised holiday bonuses, if employees would just click on these links first

(Newser) - The timing was about right, and the sentiment seemed genuine. Hundreds of GoDaddy employees received an email on Dec. 14 saying, "2020 has been a record year for GoDaddy, thanks to you," the Copper Courier of Arizona reports. "Though we cannot celebrate together during our annual Holiday...

Here, You Can Get a Pandemic Baby Bonus

Singapore offering couples more than $2K to procreate

(Newser) - Singapore had one of the lowest birth rates in the world even before the coronavirus pandemic turned childbirth into (even more of) a nightmare . Now it's fighting back—with cash. The island state is offering a one-time baby bonus of $3,000 (about $2,200 in American dollars) to...

Newspaper Company 'Out-Evils Itself' With Fake Bonus Offer

That's according to Vice's headline on the story

(Newser) - Journalists are bristling with outrage after receiving an apparent bonus offer that turned out to be a hoax—sent by their boss, the Daily Beast reports. Tribune Publishing, which owns major papers like the Chicago Tribune and New York Daily News, sent the email offering congratulations and saying bonuses of...

Target Giving Every Single Hourly Worker a Bonus

And company is completing its plan to raise its minimum wage ahead of schedule

(Newser) - For those of you wishing that 2020 would just end already—Target is at least bringing the end of 2020 to early July. The company on Wednesday announced that all workers would make a minimum of $15 an hour as of July 5. In 2017 it announced that it would...

It Pays to Be a Delta Employee
It Pays to Be a Delta Employee
Jan 20, 2020 2:47 PM CST

It Pays to Be a Delta Employee

Literally

(Newser) - Delta employees will receive their February pay as usual next month—except the total amount will be equal to pay for February, March, and April. That's because eligible employees have gotten a profit-sharing bonus each year since 2012, and this year's payout is a record at $1.6...

Big News at Company Party: Bonus Pool Is $10M

St. John Properties met a goal it's been working toward for 14 years

(Newser) - St. John Properties is a company 198 people can claim to work for, and they're likely 198 very ecstatic people following the Baltimore developer's announcement that it has paid out a total of $10 million in bonuses. The news comes in response to the company hitting its stated...

Tears, Cheers Follow CEO's Surprise Reveal

FloraCraft's 200 full-time employees in Michigan to receive an average $20K bonus

(Newser) - Working in craft and floral foam may not sound like the most glamorous of jobs, but employees Michigan's FloraCraft are pretty happy with theirs right now. The company announced almost $4 million in bonuses for some 200 full-time employees, who will each receive an average of $20,000 in...

Merry Christmas, Staff, Enjoy Your New ... Handguns

Wisconsin company is offering unique end-of-year bonus to its workers

(Newser) - The employees at BenShot could've received an end-of-year cash bonus as a Christmas gift from their employer. Instead of giving workers $500 to pocket, however, the Wisconsin company wanted to try something different by offering a "perfect" present to each of its 16 full-time employees: a handgun. It'...

CEO Who Ranted Against Kathy Griffin Sees Bonus Cut

It's unclear what that means in terms of dollars

(Newser) - One of the nation's biggest homebuilders is putting its top executive on notice after a vulgar rant against comedian Kathy Griffin was caught on tape and went viral. KB Home CEO Jeffrey Mezger, who's a neighbor of Griffin's in California, was recorded by a security camera hurling...

GM Workers Earn Record-Setting Bonus

Unionized workers will get up to $12,000 later this month

(Newser) - Score one for unions. The Detroit Free Press reports 52,000 hourly workers at General Motors will receive an up-to-$12,000 bonus later this month after the company netted a $12 billion profit in North America last year. The bonuses are part of a profit-sharing agreement negotiated by the United...

Defense Dept. Will Stop Seeking Repayment of Vets' Bonuses

Secretary Ash Carter announces change amid outcry

(Newser) - US Defense Secretary Ash Carter has ordered the Pentagon to stop seeking repayments of enlistment bonuses given to California National Guard members who served overseas. His decision comes in the wake of angry reaction from members of Congress who demanded he relieve the burden on the Guard members, reports the...

Cops: Auto Shop Gives Meth as Employee Bonuses

'Least now we know why the work was so fast'

(Newser) - Police are investigating after a Minnesota auto body shop gave its employees methamphetamine "bonuses," the Smoking Gun reports. Police say 40-year-old Jesse Seifert, owner of Clear Choice Auto Body Repair in Mankato, held a meeting this week and had his girlfriend, 39-year-old Nancy Loehlein, hand out a half...

Bonuses for Wall Street Bankers Drop Most in 4 Years

But workers are still getting $146K

(Newser) - For Wall Street bankers, 2015 didn't turn out as well as it usually does in terms of bonuses. Per Bloomberg , the average bonus fell 9% last year to $146,200, which is the largest decrease since 2011, according to estimates by NYS Comptroller Thomas DiNapoli. As the Washington Post ...

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