bonuses
Here's how much Wall Street bonuses are expected to drop this year as dealmaking dries up
This year will be another bummer on Wall Street, with bankers facing bonuses that could shrink as much as 25% as dealmaking dries up amid surging interest rates, according to...
Trucking giant Yellow paid execs $4.6M after bankruptcy left 30K jobless
Yellow dished out $4.6M in bonuses to its top execs weeks before declaring bankruptcy. Over half of the sum was for retention bonuses as the company contemplated liquidating.
OnlyFans owner pays himself $1.3M a day from adult-content site
Leonid Radvinsky, the 41-year-old Ukrainian-American owner behind OnlyFans, received $1.3 million in dividends for each of the 260 works days in 2022.
US firms including Netflix, Amazon offer AI jobs that pay up to $900K
Netflix is among the companies willing to pay the most for top talent in AI. One role will pay as much as $900,000 yearly, which caught the eyes of Hollywood...
Taylor Swift gave dozens of ‘Eras’ tour truckers a $100K raise
The "Lavender Haze" singer is sharing the love from her blockbuster tour by giving her crew massive raises for moving and constructing her set pieces across the US.
Leaked Google pay data reveals fat salaries for tech giant's top engineers
Google's most lucrative staffers are level seven software engineers, who bring home base salaries of $718,000 and receive bonuses of up to $605,000 each year.
Wall Street payouts will be 'most complicated since Great Recession': survey
Wall Street's traditionally top earners are in for a financial reckoning.
CEO scolds workers complaining about bonuses — although she made $1.2M in extra compensation last year
“I had an old boss who said, ‘You can visit pity city, but you can’t live there,’” Owen said. "So, people, leave pity city! Let's get it done."
Silicon Valley Bank UK gives out $18M in bonuses after HSBC rescue
The beleaguered bank's UK subsidiary gave its staff $18 million in bonuses this week after HSBC purchased the institution in a rescue deal.
Silicon Valley Bank gave out bonuses just before collapse
Employees who agree to stay on with the failed bank also will receive 1.5 times their normal pay for the next 45 days, with hourly workers getting double their normal...
Florida adds 1,400 law enforcement recruits as police departments across US struggle to hire
"In Florida, our number one priority is to protect Floridians and the best way to do that is by supporting the law enforcement officers who keep our communities safe," DeSantis...
I got laid off by email -- can I give the company a bad review online?
If I go on Glassdoor and leave a scathing review, will it hurt my chances of a future employer hiring me?
Neiman Marcus CEO to cut nearly 5% of workforce after reaping fat bonuses
A source predicted that Neiman will describe the layoffs as “the next step in our journey," but added that "this is really a result of poor financial planning and an...
Small bonuses mean Cadillacs, commercial flights for Wall Streeters
Cue the world's smallest violin: Bonus-strapped bankers are said to be trading in their G-Wagons for Escalades and flying commercial first-class instead of private.
Goldman Sachs cuts CEO David Solomon's pay 30% — still made $25M in 2022
Goldman Sachs cut Chief Executive David Solomon’s pay to $25 million in 2022 — a 30% drop from a year earlier -- as the bank lays off thousands of workers amid slumping...
Goldman Sachs slashes bonuses for junior bankers by as much as 90%: insiders
Many junior bankers -- who last year raked in bonuses well into the six figures -- learned Wednesday they would receive just $10,000 or $15,000 despite putting in countless 100-hour...
Citi hikes pay for junior bankers despite Wall Street layoffs: report
The decision comes after a tough quarter for major US banks that saw profits plunge and bigger provisions for loan losses due to fears of an impending recession.
Goldman Sachs' 'skimpy' bonuses could lead to another 800 workers leaving company after bloodbath
Goldman Sachs shed more than 3,000 employees this week -- but some insiders claim the bank has a plan that will soon raise that number to 4,000.
Should I wait a bit after getting my bonus before I quit?
I’m waiting for my year-end bonus, then I’m hightailing it out of my company. I’m worried that it’s going to look bad, though.
Goldman Sachs CEO to shrink partners' bonus pool by half: report
Goldman Sachs CEO David Solomon seems to have put the firm's esteemed partners on his "naughty list" this year.