compensation
BusinessBoeing Shares Rise as Planemaker Makes New Wage Offer to End Strike
BusinessFord to Lower Managers’ Bonuses if Company Performance Fails to Improve, Sources Say
FinanceVw Proposes 10% Pay Cut to Tackle Crisis
TradingUK Median Full-Time Pay Rises 6.9% to 37,430 Pounds, Ons Says
Santander UK Delays Q3 Results to Assess Motor Finance Ruling Impact
Date: October 29, 2024
MADRID (Reuters) -The UK arm of Spain’s Santander on Monday postponed the release of its third-quarter results while it assesses the impact of a court ruling on motor finance commissions, although the parent bank said it did not expect a hit to financial targets in 2024. A London court ruled last week that motor...
German Metal, Electric Industries Plan Tuesday Strikes Over Wage Row, Union Says
Date: October 29, 2024
BERLIN (Reuters) – Workers in Germany’s electrical engineering and metal industries will launch strikes on Tuesday to put pressure on employers to increase their pay, according to a statement from the IG Metall union. Tuesday marks the end of a truce period accompanying collective bargaining negotiations, in which the union has said a proposed...
Lloyds and Close Brothers Shares Fall on Motor Finance Ruling
Date: October 28, 2024
By Lawrence White LONDON (Reuters) – Shares in British lender Close Brothers dropped 6.5% on Monday, while those of bigger rival Lloyds fell 3% as bank stocks with exposure to motor finance suffered further following an adverse court of appeal judgment on Friday. A London court ruled that motor finance brokers must fully inform customers...
German Metal, Electric Industries Plan Tuesday Strikes Over Wage Row, Union Says
Date: October 28, 2024
BERLIN (Reuters) – Workers in Germany’s electrical engineering and metal industries will launch strikes on Tuesday to put pressure on employers to increase their pay, according to a statement from the IG Metall union. Tuesday marks the end of a truce period accompanying collective bargaining negotiations, in which the union has said a proposed pay...
UK Employers Give Joint-Lowest Pay Rises Since June 2022, Brightmine Says
Date: September 25, 2024
LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end of August, offering a median raise of 4%, figures from human resources data company Brightmine showed on Tuesday. The figures are in broadly line with other pay surveys and official data showing a...
Nike Veteran Hill to Replace Donahoe as Ceo; Shares Jump
Date: September 20, 2024
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president and CEO, as the sportswear giant shakes up its leadership amid efforts to revive sales and battle rising competition. The company’s shares rose 8% in after-hours trading. Hill...