Marketers’ wages reach £66,106 after bonuses soar 17 per cent January 18, 2015 The salaries of marketers rose again last year with the average pay including bonuses hitting £66,106 in 2014, a nine per cent increase and the largest since the recession. Bonuses rose 17 per cent to an average of £8,118, according to research from marketing recruiter EMR – and 28,540 more marketers were in full time [...]
Investment banking bonuses up this year but traders see pay slip January 14, 2015 Senior dealmakers at investment banks expect to see their bonuses rise by as much as £40,000 this awards season, according to data out today from Emolument.com. But equities bankers will see payouts stay flat, and fixed income, currencies and commodities traders will see pay dip. Junior origination and advisory staff expect average bonuses of £45,000 [...]
Harriet Green lost out on final bonus before Thomas Cook exit January 13, 2015 Former Thomas Cook chief executive Harriet Green saw her pay packet plummet by 73 per cent in her final year in the job after coming up short of her targets, it came to light yesterday. Before her high-profile exit from Thomas Cook in November, Green was unable to pick up her bonus for the 2014, [...]
Baker boss lands a big one in bonus sale January 13, 2015 TED BAKER founder Ray Kelvin has cashed in on £4.65m worth of company stock, given to him as a bonus for reaching targets, the company revealed yesterday. Shares in the fashion brand are narrowly higher than at this point one year ago.
Network Rail chief Mark Carne turns down bonus after “unacceptable” engineering delays caused “misery” for passengers December 30, 2014 Network Rail chief executive Mark Carne has said he will not take his bonus, after the travel chaos that erupted after engineering works overran this Christmas. Carne stood to receive a £34,000 performance-related bonus on top of his £675,000 a year salary. But in light of the huge disruption at King’s Cross and Paddington – [...]
Senior level City staff expect 21pc boost to their bonuses December 22, 2014 City workers are feeling more confident about receiving higher bonuses this year, despite several top firms suffering a shareholder backlash over excessive pay and concerns over the EU bonus cap which comes into force next year. Most senior staff expect to see their bonuses increase by 21 per cent for 2014, according to research released [...]
How to get a bigger Christmas bonus December 11, 2014 Some subtle boasting may be in order – even if you work at a relatively small company. It's that time of year when work calms down and Secret Santa gifts are exchanged. But while Christmas is generally a time for giving and altruism, thoughts in the City also turn to the reward you’ve grafted [...]
FCA bosses give up their bonuses over insurance scandal December 10, 2014 The Financial Conduct Authority (FCA) said today directors including Martin Wheatley, its chief executive, will give up their bonuses as a result of an investigation into a botched press briefing over insurance. The organisation said today that Wheatley, director of supervision Clive Adamson, director of communications and international Zitah McMillan and director of markets David [...]
Morgan Stanley set to shell out more bonuses upfront December 6, 2014 The good time are back for finance giant Morgan Stanley which has announced it will doling out more its bonuses to employees upfront thanks to the company's healthy condition. The move aligns Morgan Stanley with many of its competitors and will raise its fourth quarter compensation by around $1.2bn. The investment bank said that 50 [...]
Bonus season stunts City jobs market growth November 30, 2014 City hiring slowed in November as firms and employees ready themselves for the bonus season. However, hiring activity was still 29 per cent higher than at the same time last year, according to figures released today by recruiters Astbury Marsden. The number of jobs created in November was 3,212, down five per cent on October’s [...]