Bonuses

Prabowo Urges Ride-Hailing Companies to Provide Holiday Bonuses for Drivers

28 days ago

In a recent announcement that has sent ripples through Indonesia's gig economy, Defense Minister Prabowo Subianto has called on ride-hailing companies to offer holiday bonuses to their drivers. This request comes ahead of the Idul Fitri holiday, a significant celebration for many in the Muslim-majority nation, marking the end of Ramadan.

Samsung Restructures Executive Bonus System, Introducing Stock-Based Rewards

3 months ago

In a significant move aimed at aligning executive incentives with company performance, Samsung Electronics has announced a major revamp of its bonus structure. Starting from this year, a portion of the bonuses awarded to its top executives will be paid in company's stock, rather than solely in cash. This decision reflects the tech giant’s strategy to enhance accountability and foster long-term growth by tying compensation more closely to shareholder interests.

Thames Water Prohibited from Utilizing Customer Funds for Bonuses

5 months ago

In a significant development for the UK's largest water supplier, Thames Water has been barred from using its customers' money to fund bonuses for its executives. This decision follows increasing scrutiny and pressure from regulators and consumer advocacy groups, especially in light of the company’s financial struggles and growing customer dissatisfaction with its services.