bonuses

Starbucks slashes holiday bonuses 40% as coffee chain suffers worst year since pandemic: report

Many of the coffee chain’s corporate workers will only be paid 60% of their overall bonuses, according to a report.

Fat cat Wall Street bankers set to rake in bumper bonuses in 2024: study

New York bankers are expected to pocket bonuses as high as 35% as Wall Street deal-making roared back to life after the economic malaise after the COVID pandemic.

Goldman Sachs adds most partners to 'Wall Street's most exclusive club' since 2010

The announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.

Goldman Sachs to promote biggest partner class since CEO David Solomon took helm

The new partners will enjoy a base salary of nearly $1 million a year, but they can take home multiples of that sum once other compensation such as bonuses and...

Wall Street bonuses expected to jump in 2024 after staying flat last year

The Comptroller's report said it expects bonuses to bounce back after they stayed relatively flat last year.

Goldman Sachs set to fire more than 1,300 employees: WSJ

The Goldman Sachs CEO will slash more than 1,300 jobs as part of the bank's ongoing review to cull poor performers, the Wall Street Journal reported.

Bare minimum: 911 workers in DC are getting $800 bonuses — just for showing up

Staff at Washington, DC’s 911 call center have been offered an $800 monthly bonus to show up for all of their scheduled shifts, the agency announced.

Wall Street bonuses could surge by up to 35% in 2024 as deal-making rebounds: report

Johnson Associates, a consultancy that tracks compensation at major financial firms, said debt underwriters would be the biggest winners by the end of this year,

Wall Street bonuses expected to surge this year — here's which bankers will benefit most

Wall Street firms are expected to hand out bigger bonuses this year as investment banking, equity markets and fixed income trading make major rebounds, a survey showed.

Wall Street regulators seeking to limit bonuses of big bank execs: report

Executive pay on Wall Street has long been a hot-button issue

Junior bankers say they'll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs

Low-level bankers didn't get the 100% bonuses they expected but the biggest bosses are smiling: stocks and Bitcoin are up and jet charters are down.

Boeing CEO Dave Calhoun will walk away with at least $24M despite failed tenure -- and possibly much more

Dave Calhoun, the top executive at the embattled aerospace company, will leave with at least $24 million, according to an analysis of his portfolio.

Target doubling bonuses for its salaried employees this year: report

Target is reportedly doubling bonuses for its salaried workers this year in a display of financial strength -- despite a challenging year for the retailer during which it reported its...

Wall Street bonuses drop 2% in 2023 despite banks' higher profits -- here's why

The slight dip came even as Wall Street profits were up 1.8% last year, according to the annual estimate from Thomas DiNapoli, the state’s comptroller.

Boeing resorts to bonus incentives to ensure workers build planes that don't lose parts midair

Embattled airplane manufacturer Boeing said it's overhauling its bonus structure to tie payouts more closely to safety as it scrambles to recover from the crisis caused by the Alaska Air...

Wall Street bonuses fall short of already-low expectations: 'Absolute s--t'

Finance-focused social-media account Litquidity has been barraged with junior bankers complaining that bonuses were a “bloodbath” and “across the board bad news.”

Brooklyn DA aide accused of trashing Jewish staffers on leave for last six months got secret $15K bonus, outearned boss

Brooklyn District Attorney Eric Gonzalez awarded his former chief of staff a $15,000 bonus -- despite fielding numerous complaints that she bullied underlings and trashed Jewish staffers, The Post has...

JPMorgan CEO Jamie Dimon gets $36M pay package, 4.3% raise in 2023

JPMorgan's board awarded chief executive Jamie Dimon a 4.3% raise in 2023, lifting his annual pay to $36 million after the bank posted record profits for the fiscal year. The...

Your work bonus could be much smaller this year -- here's why

In December, the average bonus paid by U.S. firms was about $2,145 – a 21% decline from the same time one year ago, according to new data published by payroll software company...

I just quit -- but why am I being denied my bonus for last year?

I waited until the new year to resign so that I could receive my bonus for 2023, but my employer said that I have to be employed at the time...

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