#executive bonuses

[intelligentchristianlady]

Sears gets Bankruptcy Court approval for up to $25.3 million in bonuses to top employees

A U.S. Bankruptcy Court judge signed off Friday on Sears’ request to pay up to $25.3 million in bonuses to top executives and other high-ranking employees even as the company reported losing nearly $1.9 billion in the first three quarters this year.

But--but wait! Isn’t this the company that said that the bankruptcy meant that it couldn’t afford severance pay for workers?

[suzilight]

Hertz pushing to give $5.4M in bonuses amid bankruptcy | The Hill

[dailyactivists-blog]

The Investment Association has issued a "red-top" alert over the Marmite-maker's remuneration report, Sky News learns.

[businessbigwigs]

United May Be In For Another PR Disaster

United may be in for another PR disaster.

United Airlines planes at the gate at O’Hare International Airport in Chicago. Photo: Leonard Zhukovsky / Shutterstock.com After last week’s fiasco of having a passenger dragged off an overbooked flight to make room for a flight crew, the last thing United Airlines needs now is yet another public-relations disaster. But that’s exactly what they might get when they announce CEO Oscar Munoz’s…

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[erikbarkinly]

Peabody gets U.S. court approval for clean-up deals, executive bonuses

(Reuters) - Bankrupt coal company Peabody Energy won U.S. court approval on Wednesday for agreements with three states to partially cover $1.14 billion in potential environmental liabilities and for a bonus plan for its six top executives.

http://ift.tt/2b0topk

[eideard]

Bankrupt coal company wants to give 6 top execs $12 million in bonuses - everyone else got pink slips

Bankrupt coal company wants to give 6 top execs $12 million in bonuses – everyone else got pink slips

❝ Peabody Energy Corporation…is asking a bankruptcy judge to let it pay up to $12 million in bonuses to the coal-mining company’s top executives. Peabody president and CEO Glenn Kellow and five other executives are in line for the bonuses… Peabody, which is asking Judge Barry Schermer to approve the payments, says the bonuses are warranted in light of the fact that the success of its…

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[juaniitaalopezz]

Struggling MTN paid bonuses to fired executives, and a major shareholder is livid

#Updates One of MTN’s largest shareholders is irked by bonuses the company paid to fired executives. The telecommunications giant’s annual report revealed that the company paid… http://qz.com/670503/struggling-mtn-paid-bonuses-to-fired-executives-and-a-major-shareholder-is-livid/ QZ.com

[tiffanywillis]

This Hospital Gets It: Uses Money From Executive Bonus Pool To Raise Low-Wage Worker Pay

This Hospital Gets It: Uses Money From Executive Bonus Pool To Raise Low-Wage Worker Pay

  Parkland Health & Hospital System in Dallas, Texas gets it: income inequality is bad, and paying out hundreds of thousands — sometimes millions — to executives doesn’t make sense, especially when some employees require public assistance to survive on low wages. That’s why they’re using $350,000 from the next quarter’s executive bonus pool to give 230 low-wage employees a 14 percent raise, from…

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