Jun 5, 2015

Toshiba may skip summer bonuses for execs

Toshiba Corp., hit by an accounting scandal, may skip this year’s summer bonuses for its executives, informed sources said Friday. The machinery giant is mulling the move because the company has been unable to finalize its earnings report for fiscal 2014, which ended in ...

Dec 24, 2014

RBS freezes 18 bonuses in forex rigging probe

The Royal Bank of Scotland has withheld the bonuses of 18 staff members under investigation for possible roles in rigging the foreign exchange market, the British lender said Tuesday. More than 50 former and current traders are under investigation in the probe, launched after ...

Toyota directors to share ¥1.5 billion in 19% pay bump

May 28, 2014

Toyota directors to share ¥1.5 billion in 19% pay bump

Toyota Motor Corp. plans to boost pay for directors by 19 percent for the last fiscal year after the company earned record profit. Toyota proposed ¥1.52 billion in combined compensation and bonuses to 21 directors, including President Akio Toyoda, in a notice to shareholders ...

Dec 26, 2013

Major firms boost winter bonuses

The average winter bonus at major companies rose 3.47 percent from last year to ¥806,007 on the back of the economic recovery, Keidanren said Thursday. The nation’s most influential business lobby said bonuses at automakers surged 11.81 percent to ¥898,838, posting the largest increase ...

Aug 8, 2013

Summer bonus up at big firms

Workers at leading companies received a summer bonus of ¥809,502 on average this year, up 4.99 percent from the previous year and the sharpest rise since 1991, a survey released Wednesday by Keidanren said. The weighted average marked the first rise in two years ...