(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.
Pay
Definition:
(v. t.) To cover, as bottom of a vessel, a seam, a spar, etc., with tar or pitch, or waterproof composition of tallow, resin, etc.; to smear.
(v. t.) To satisfy, or content; specifically, to satisfy (another person) for service rendered, property delivered, etc.; to discharge one's obligation to; to make due return to; to compensate; to remunerate; to recompense; to requite; as, to pay workmen or servants.
(v. t.) Hence, figuratively: To compensate justly; to requite according to merit; to reward; to punish; to retort or retaliate upon.
(v. t.) To discharge, as a debt, demand, or obligation, by giving or doing what is due or required; to deliver the amount or value of to the person to whom it is owing; to discharge a debt by delivering (money owed).
(v. t.) To discharge or fulfill, as a duy; to perform or render duty, as that which has been promised.
(v. t.) To give or offer, without an implied obligation; as, to pay attention; to pay a visit.
(v. i.) To give a recompense; to make payment, requital, or satisfaction; to discharge a debt.
(v. i.) Hence, to make or secure suitable return for expense or trouble; to be remunerative or profitable; to be worth the effort or pains required; as, it will pay to ride; it will pay to wait; politeness always pays.
(n.) Satisfaction; content.
(n.) An equivalent or return for money due, goods purchased, or services performed; salary or wages for work or service; compensation; recompense; payment; hire; as, the pay of a clerk; the pay of a soldier.
Example Sentences:
(1) Not only do they give employers no reason to turn them into proper jobs, but mini-jobs offer workers little incentive to work more because then they would have to pay tax.
(2) In order to control noise- and vibration-caused diseases it was necessary not only to improve machines' quality and service conditions but also to pay special attention to the choice of operators and to the quality of monitoring their adaptation process.
(3) Today’s figures tell us little about the timing of the first increase in interest rates, which will depend on bigger picture news on domestic growth, pay trends and perceived downside risks in the global economy,” he said.
(4) The way we are going to pay for that is by making the rules the same for people who go into care homes as for people who get care at their home, and by means-testing the winter fuel payment, which currently isn’t.” Hunt said the plan showed the Conservatives were capable of making difficult choices.
(5) Writing in the Observer , Schmidt said his company's accounts were complicated but complied with international taxation treaties that allowed it to pay most of its tax in the United States.
(6) It helped pay the bills and caused me to ponder on the disconnection between theory and reality.
(7) The move would require some secondary legislation; higher fines for employers paying less than the minimum wage would require new primary legislation.
(8) Obamacare price hikes show that now is the time to be bold | Celine Gounder Read more No longer able to keep patients off their plans outright, insurers have resorted to other ways to discriminate and avoid paying for necessary treatments.
(9) It shows that the outside world is paying attention to what we're doing; it feels like we're achieving something."
(10) Neal’s evidence to the committee said Future Fund staff were not subject to the public service bargaining framework, which links any pay rise to productivity increases and caps rises at 1.5%.
(11) She added: “We will continue to act upon the overwhelming majority view of our shareholders.” The vote was the second year running Ryanair had suffered a rebellion on pay.
(12) But that gross margin only includes the cost of paying drivers as a cost of revenue, classifying everything else, such as operations, R&D, and sales and marketing, as “operating expenses”.
(13) The company also confirmed on Thursday as it launched its sports pay-TV offering at its new broadcasting base in the Olympic Park in Stratford, east London, that former BBC presenter Jake Humphrey will anchor its Premier League coverage.
(14) A microdissection of the orbital nerves of the cat was made paying particular attention to the accessory ciliary ganglion.
(15) The industry will pay a levy of £180m a year, or the equivalent of £10.50 a year on all household insurance policies.
(16) They are the E-1 to E-3 pay grades and soldiers in combat arms units.
(17) On 18 March 1996, the force agreed, without admitting any wrongdoing by any officer, to pay Tomkins £40,000 compensation, and £70,000 for his legal costs.
(18) Aldi, Lidl and Morrisons are to raise the price they pay their suppliers for milk, bowing to growing pressure from dairy farmers who say the industry is in crisis.
(19) But the condition of edifices such as B30 and B38 - and all the other "legacy" structures built at Sellafield decades ago - suggest Britain might end up paying a heavy price for this new commitment to nuclear energy.
(20) So fourth, we must tackle the issue of a relatively large number of officers kept on restricted duties, on full pay.