(n.) A premium given for a loan, or for a charter or other privilege granted to a company; as the bank paid a bonus for its charter.
(n.) An extra dividend to the shareholders of a joint stock company, out of accumulated profits.
(n.) Money paid in addition to a stated compensation.
Example Sentences:
(1) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
(2) It takes more than a statistical read out and the return of big bank bonuses for a real recovery," he said.
(3) But it has already attracted attention for paying some deferred bonuses early in the US to avoid a hike in tax rates.
(4) And he failed to engage with these sensible proposals to limit bonuses to a maximum of a year's salary or double that if explicitly backed by shareholders - proposals which even his own MEPs have backed – until the very last minute.
(5) Lord Mandelson told bankers today that the one-off tax that will be imposed on their bonuses in today's pre-budget report was not designed to "teach them a lesson".
(6) If a bank does not meet the commitment, its chief executive and senior managers responsible for business lending will not receive the maximum pay and bonus as a result."
(7) The commission heard that the bonus culture had grown from the 1980s and that professionalism had been lost from the industry.
(8) An added bonus: With acceptance comes team building.
(9) It is the bonus culture – not high pay, recklessness or incompetence – that has polluted banking's public image.
(10) Excellent question -- is the absence of a bonus for M&S's 80,000+ staff a "failure of leadership"?
(11) In 2007, his £450,000 LTIP, combined with basic salary and bonus, left him £1.2m better off - and with nearly double the then salary of the BBC's director general, Mark Thompson.
(12) Until the October 2008 banking crisis there were no restrictions on the way bankers were paid, but rules were devised to try to link payouts to performance when it emerged that banks would still pay bonuses despite receiving taxpayer bailouts.
(13) The key point is that the G20 principles do not place any cap on the size of bonuses.
(14) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
(15) The staff bonus pool at J Sainsbury has fallen by a quarter, despite the supermarket chain posting higher sales and profits for the last financial year.
(16) The chief executive has already waived his bonus for 2012 following the furore surrounding the £1m he was to be handed for 2011 before the political outcry forced him to hand it back.
(17) Just a few days before its annual results, the bank is ready to tell staff how much they will be getting and outline new payments to top staff who will be affected by the EU's bonus cap.
(18) Griffith earned £1.05m, including a bonus of £548,500, worth 113% of his salary and just short of the 125% maximum.
(19) HSBC and Standard Chartered, two UK-based banks who often manage to avoid the bonus spotlight, will also feel the heat after paying out millions to US regulators for breaches of the rules.
(20) Yet bank bonuses soared in April as payments were delayed so the highest paid could benefit from this government's top rate tax cut.
Commission
Definition:
(n.) The act of committing, doing, or performing; the act of perpetrating.
(n.) The act of intrusting; a charge; instructions as to how a trust shall be executed.
(n.) The duty or employment intrusted to any person or persons; a trust; a charge.
(n.) A formal written warrant or authority, granting certain powers or privileges and authorizing or commanding the performance of certain duties.
(n.) A certificate conferring military or naval rank and authority; as, a colonel's commission.
(n.) A company of persons joined in the performance of some duty or the execution of some trust; as, the interstate commerce commission.
(n.) The acting under authority of, or on account of, another.
(n.) The thing to be done as agent for another; as, I have three commissions for the city.
(n.) The brokerage or allowance made to a factor or agent for transacting business for another; as, a commission of ten per cent on sales. See Del credere.
(v. t.) To give a commission to; to furnish with a commission; to empower or authorize; as, to commission persons to perform certain acts; to commission an officer.
(v. t.) To send out with a charge or commission.
Example Sentences:
(1) The secretary of state should work constructively with frontline staff and managers rather than adversarially and commit to no administrative reorganisation.” Dr Jennifer Dixon, chief executive, Health Foundation “It will be crucial that the next government maintains a stable and certain environment in the NHS that enables clinical commissioning groups (CCGs) to continue to transform care and improve health outcomes for their local populations.
(2) Roger Madelin, the chief executive of the developers Argent, which consulted the prince's aides on the £2bn plan to regenerate 27 hectares (67 acres) of disused rail land at Kings Cross in London, said the prince now has a similar stature as a consultee as statutory bodies including English Heritage, the Commission for Architecture and the Built Environment and professional bodies including Riba and the Royal Institute of Chartered Surveyors.
(3) Using an explicit process, the Oregon Health Services Commission has completed the ranking of 714 condition-treatment pairs.
(4) Quoting the BBC-commissioned survey of more than 2,000 adults, Lyons said they had been given six choices what to do with the licence fee surplus once digital switchover was complete.
(5) To settle the case, Apple and the four publishers offered a range of commitments to the commission that will include the termination of current agency agreements, and, for two years, giving ebook retailers the freedom to set their own prices for ebooks.
(6) It is important for this commission to get to the truth of what happened and it's able to carry on without interference and disruption.
(7) We are confident that the European commission’s state aid decision on Hinkley Point C is legally robust,” a spokeswoman for Britain’s Department of Energy and Climate Change said last week.
(8) The breakdown of answers to both questions revealed a significant partisan divide depending on people’s voting intention, with Labor supporters much more likely than Coalition backers to see the commission as a political attack and Heydon as conflicted.
(9) The £1m fine, proposed during the Leveson inquiry into press standards, was designed to demonstrate how seriously the industry was taking lessons learned after the failure of the Press Complains Commission tto investigate phone hacking at the News of the World.
(10) The European commission president, José Manuel Barroso, and the EU council president, Herman Van Rompuy, were both right to brand it unacceptable.
(11) The venture capitalist argued in his report, commissioned by the Downing Street policy guru Steve Hilton, in favour of "compensated no fault-dismissal" for small businesses.
(12) This is such an emotional thing in positive terms about the EU.” Marek Prawda, Poland’s former ambassador to the EU and now head of the European commission in Warsaw, says: “For us, being an EU member is the inverse of what was said in your referendum campaign about ‘taking back control’.
(13) The independent Low Pay Commission will advise on the path future increases should take, taking into account the state of the economy.
(14) A government-commissioned review into the RET, headed by the businessman and climate change sceptic Dick Warburton, concluded that while it has largely achieved its aims and helped create jobs in clean energy, it should be either wound back or cut off entirely.
(15) The two moves were seen as significant because the Electoral Commission had made clear that secondary legislation, which must be passed before the referendum can be held, should be introduced six months before the referendum.
(16) Now US officials, who have spoken to Reuters on condition of anonymity, say the roundabout way the commission's emails were obtained strongly suggests the intrusion originated in China , possibly by amateurs, and not from India's spy service.
(17) The commission heard AWH charged luxury accommodation in Queensland, limousine rides and Liberal party donations to Sydney Water.
(18) The European commission has three official "procedural languages": German, French and English.
(19) Outside of human resources matters, they cover changes to services; reconfiguration of services; deciphering all the rules and regulations so that people can do their jobs; interpreting the complicated rules around commissioning care; commercial deals; inquests and dealing with families; and supporting clinical staff in making the right decision in the best interest of the patient.
(20) There, the US Joint Commission, an independent, non-profit organisation that accredits healthcare organisations and programmes has issued a standard on “behaviours that undermine a culture of safety” to tackle “intimidating and disruptive behaviour at work”.