What's the difference between bonus and welfare?

Bonus


Definition:

  • (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.

Welfare


Definition:

  • (n.) Well-doing or well-being in any respect; the enjoyment of health and the common blessings of life; exemption from any evil or calamity; prosperity; happiness.

Example Sentences:

  • (1) This "paradox of redistribution" was certainly observable in Britain, where Welfare retained its status as one of the 20th century's most exalted creations, even while those claiming benefits were treated with ever greater contempt.
  • (2) The heretofore "permanently and totally disabled versus able-bodied" principle in welfare reforms is being abbandoned.
  • (3) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (4) A new type of artificial blood, pyridoxylated hemoglobin-polyoxyethylene conjugate (PHP) solution, (developed by PHP research group of the department of health and welfare of Japan, and produced by Ajinomoto Co., Inc. Tokyo) as an oxygen-carrying component, has been recently devised using hemoglobin obtained from hemolyzed human erythrocytes.
  • (5) The public finance forecasts are linked to those growth predictions, since stronger growth means healthier tax receipts and lower spending on unemployment benefit and other welfare measures.
  • (6) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (7) Thatcher made changes to the UK's tax system, some changes to welfare, and many to the nature of British jobs, both through privatisation and economic liberalisation – not least in her battle with the unions.
  • (8) Repeat patients were more likely to threaten to harm others, have a diagnosis of adjustment disorder, conduct or oppositional disorder and be under the care of a child welfare agency.
  • (9) We need welfare changes that help get our economy growing again, not changes that will entrench unemployment and dependency further."
  • (10) Jamat-ud Dawa, the social welfare wing of LeT, has been blacklisted in the wake of the Mumbai attacks although it continues to function.
  • (11) Lynn Kramer, the zoo's vice-president of animal operations and welfare, said five lions were typically in the exhibit and have never appeared to endanger each other before.
  • (12) Nowadays, many of the core welfare state functions have been devolved to the Scottish parliament.
  • (13) Also in June, a former welfare minister, Shlomo Benizri , was jailed for four years for taking bribes while in office.
  • (14) In two experimental subdistricts, researchers observed the work of family welfare assistants (FWAs), the female family planning field-workers, to determine the duration and frequency of their home visits with village women and the content of their exchanges.
  • (15) Iain Duncan-Smith, the new welfare secretary, said it was if the two parties had been working together for years.
  • (16) Personal attendants (welfare assistants) could be allocated to each of the more severely handicapped children.
  • (17) But in April, this was reduced to 70% as ministers tried to slash the welfare bill.
  • (18) It shows that while accessibility in the study area improved between 1979 and 1982 through the establishment of more dispensaries and maternity and child-welfare centres, the relative efficiency of locations has remained low.
  • (19) The government is considering ending the annual inflation-linked rise in benefits as part of the drive to find additional savings in the welfare budget, according to the BBC .
  • (20) Welfare cuts are now becoming a matter of life or death | Letters Read more But government sources suggested the political pressures on Osborne, who has been criticised publicly by a series of Tory MPs, suggest he will act more flexibly and direct substantial resources to softening the impact of the cuts.