(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.
Onus
Definition:
(n.) A burden; an obligation.
Example Sentences:
(1) There’s no doubt there was a tactical setback, although Ramadi had been vulnerable for a very long time.” The president put the onus on Iraqis to find a solution.
(2) The onus is now on Michael Garcia, the former New York attorney who has already spent a reported £6m and travelled the world collecting evidence for a report that is due to be passed to the adjudicatory chamber of Fifa's ethics committee later this year, to prove he has taken the new evidence seriously.
(3) As the talks quickly broke down in Luxembourg, in Brussels, Donald Tusk, the president of the European council, promptly convened an emergency leaders’ summit on Monday evening, putting the onus on both Merkel and Tsipras as the two key leaders to bend towards concessions to clinch a deal.
(4) In trachoma, the lack of simple definitive laboratory diagnostic procedures suitable for wide application has placed the onus largely, and usually exclusively, on clinical observation.The study reported is based on the recorded observations of two skilled ophthalmologists in an epidemiological survey covering more than 35 000 persons in Taiwan.
(5) With three weeks left to election day, the onus is on Obama to mount a strong comeback in Tuesday's Long Island debate to undo some of the damage caused by his dismal showing in the first of the presidential debates in Denver a fortnight ago.
(6) One of the big reasons why people aren’t able to make very effective transitions from one job to another is that their skills aren’t up to date and a major contributor to that is not having the opportunity to train.” Individuals have to take ownership of their careers, he says, but there is also an onus on the government and employers to provide work programmes and apprenticeships to maintain a skilled older workforce.
(7) At other banks the onus seems to be on customers to spot all rogue payments.
(8) Various radical plans for tackling the crisis have been floated, including putting the onus on north African countries to patrol the seas and process migrants in their own transit camps.
(9) Increasingly our standards we will be judged against the behaviour of other companies and agencies, with the onus to show that we operate to the highest standards.
(10) "The onus is on us to help the best we can but we can't do something for nothing," he said.
(11) The onus was on the players who had not played as much to come in, take up the challenge and show what they had got for next season – and for the young lads to come in and show that they would love to have this opportunity to play on a regular basis,” said Sam Allardyce.
(12) Nagpaul says: “There is real potential here if it works effectively, but the onus is on NHS England to get it right.
(13) The onus should be on those who want to make such large changes, and to profit from them, to demonstrate their quality - the more conspicuous a building the more important it is that it is well-designed.
(14) Brandis also rejected concerns the national security legislation reversed the onus of proof on people suspected of being terrorists and said arguments the legislation allowed Asio to torture people were a “red herring”.
(15) But the onus is on his leave colleagues now to prove their case, that leave would not harm Britain but benefit it.
(16) And the reason why we haven't had a prosecution is because we're putting the onus on young children to actually come forward, so we're talking about working with cutters but that's in Africa.
(17) Mike van Dulken, Head of Research at Accendo Markets , explains: While Italian political chaos likely to persist as discussions take place on coalition formation, investors still looked to put more onus on US Fed Chairman’s statement that quantitative easing was here to stay.
(18) The latest loss to Southampton prompted the Chelsea owner, Roman Abramovich, to issue a public vote of confidence in the manager, with the onus now on the Portuguese to instigate a revival beginning with Saturday’s visit of Aston Villa to Stamford Bridge.
(19) The onus in legislation is on the disabled person getting their rights enforced rather than the employer.
(20) 3.03am BST 26 mins Jamaica haven't yet really troubled the US goal too much and the onus is on them to do so.