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Articles about Bonus

Schmidt gets $100m in Google stock on top of his $6m bonus

Google chair Eric Schmidt has gotten his second $100m dose of restricted stock units in less than three years. The Chocolate Factory said in a filing with the Securities and Exchange Commission that Schmidt was getting the stock award along with a $6m cash bonus for the year next week. The firm said the sizeable package was "in …

Lenovo chief Yang wangs hefty bonus wodge to workers

Yang Yuanqing, CEO of the world's largest PC maker, Lenovo, plans to share a portion of his whacking great bonus with staffers for the second year in a row following bumper sales figures. A pool of 10,000 workers out of the firm's more than 30,000 employees will each be given a piece of the $3.25m portion of Yuanqing's bonus, …
Jasper Hamill, 02 Sep 2013

Chinese cloud firm offers 'love bonus' to amorous staff

A Chinese cloud computing company has taken a novel approach to improving staff morale, ignoring all workplace common sense by encouraging its employees to hook up with each other, and with those of rival firms, in return for a financial reward. Chengdu Cloud Computing, based in the booming tech hub of Chengdu, in western China’ …
Phil Muncaster, 20 Nov 2012
lenovo

Lenovo CEO Yang doles out US$3m bonus to staff

In an almost unheard of act of selflessness and generosity from a CEO, Lenovo boss Yang Yuanqing has decided to distribute $3 million (£1.9m) from his annual bonus to junior members of staff working at the Chinese PC giant. The firm had a bumper 2011, setting new records in market share, revenue and shipments and posting a huge …
Phil Muncaster, 20 Jul 2012
Bungie logo

Activision may bung Bungie $2.5m ratings-based bonus

Halo developer Bungie's lucrative ten-year deal with games publisher Activision has been made public, revealing the coder is set to receive an unprecedented bonus should its next title win critical acclaim. The studio will pocket a tasty $2.5m (£1.6m) bonus if the game in development, dubbed Destiny, though that's probably just …
Caleb Cox, 22 May 2012

eBay takes a small bite out of execs' bonuses

eBay chief exec John Donahoe's take-home pay has shrunk by half compared to last year, partly because the online tat-bazaar's financial performance didn't live up to expectations. Donahoe was paid $13.8m in wages and bonuses for 2013, down 53 per cent from the whopping $29.7m he trousered for the previous year. "The Committee …
ho, ho, ho

Dixons steps over Comet's bloodied body to nab bonus Xmas sales

Blighty's High Street is in meltdown, but Dixons Retail bucked the gloomy trend and reported relatively decent sales growth over Christmas. The chain reckons it successfully hoovered up trade from fallen rivals. According to figures filed for the 12 weeks to 5 January, sales by the parent of Currys and PC World were up four per …
Paul Kunert, 17 Jan 2013
Space Invaders

Aus gaming industry gets AUD$20m bonus

Australia;s computer gaming sector has been handed an AUD$20 million stimulus from the federal government in the form of a three year Interactive Games Fund. The funding, which will be administered by Screen Australia, aims to accelerate the Australian gaming development industry to compete globally in a market expected to …

New Microsoft CEO Nadella could earn FOURTEEN TIMES what Ballmer banked in 2013

Newly minted Microsoft CEO Satya Nadella's salary nearly doubled on his first day in the corner office, giving him a pay package even larger than that of outgoing CEO Steve Ballmer. Nadella will earn an even $1.2m in his first year on the job, according to documents filed with the US Securities and Exchange Commission on Tuesday …
Neil McAllister, 05 Feb 2014
Suitcase bulging with cash

Tech Data execs: Nooooo... It's the INCREDIBLE SHRINKING payslip

It's tough at the top. Just ask senior execs at distie titan Tech Data, who took home a smaller pay packet in fiscal '13 as sales and profits slipped. But don't feel too sorry: CEO Bob Dutkovsky made $4.2m in total comps for the financial year ended 31 January, down 2.5 per cent from $4.31m in the previous 12 months. His base …
Paul Kunert, 07 Feb 2014
The Register breaking news

Apple boss gets $22m bonus

Apple's chief operating officer Tim Cook got a cash bonus of $5m and a bunch of share options for filling in while Steve Jobs was off sick For covering the top job for six months while Jobs got a liver transplant Cook got $5m in cash and 75,000 share options - half will vest in March 2011 and the other half in March 2012, as …
John Oates, 15 Mar 2010
Samsung Galaxy Note 2

Samsung: Ta-da! We made $7.8bn. What do you mean you expected another BILLION?

Samsung Electronics has missed analysts' estimates of its operating profit for the fourth quarter of last year, after a one-off special bonus for employees and slowing demand for high-end smartphones. The company said that its guidance ahead of the full results on January 24 put operating profit at 8.3 trillion won ($7.8bn, £4. …

Poor miserable Ballmer's pay SLASHED to a measly $1.26m

Failings on Windows 8 and a crippling Surface writedown have seen Steve Ballmer’s pay docked for a second year in succession. Microsoft’s outgoing chief executive received a total package of $1.26m – a base salary or $697,500 and a bonus of $500,000, according to Microsoft’s 2013 proxy statement. Ballmer’s bonus was just 79 per …
Gavin Clarke, 04 Oct 2013

Ex-BT boss bags £9 MILLION bye-bye bundle, moves to key gov post

BT's former boss Ian Livingston just received an extremely generous leaving present from the telecoms giant – 2.6 million shares in the company worth about £8.9m. Earlier this month, Livingston left BT for his new, unpaid job in the House of Lords as Prime Minister David Cameron's Minister of State for Trade and Investment. The …
Kelly Fiveash, 20 Sep 2013
The Register breaking news

Apotheker severance outrage: $2.4m 'bonus'

The rich are different from the rest of us not just because they have more money, but also because they get multimillion-dollar bonuses even when they run a company onto the rocks, as did former HP CEO Léo Apotheker. Apotheker was fired from his positions as president and CEO of HP on September 22. The same day, HP announced …
The Register breaking news

Microsoft caps Ballmer bonus over mobile phone, tablet failures

Microsoft boss Steve Ballmer missed out on a maximum bonus in the company’s last fiscal year, after he failed to move quickly enough against Apple’s iPad and lost market share in the mobile phone biz. The unsuccessful launch and speedy demise of Microsoft’s doomed social networking mobile device Kin also kept Ballmer’s piggy …
Kelly Fiveash, 01 Oct 2010
Muscular man stripping off his shirt

Salesforce stuffs CRM dollars into Benioff's package

No wonder Marc Benioff is feeling relaxed. Salesforce is increasing his multi-million-dollar package by more than a fifth. Benioff is getting a 20 per cent bump in base salary to $1.44m – up from $1.2m - for fiscal 2015, starting on 1 February. The CEO has been allocated a top up of 1,849,441 shares of common stock too. …
Gavin Clarke, 28 Nov 2013
SOURCE: http://www.sxc.hu/photo/959469

HP offers $150,000 for 'exploit unicorn' in Pwn2Own hacker competition

HP has been laying out the ground rules for the latest Pwn2Own contest and is offering a new prize of $150,000 to the cunning cracker who can get root access to a Windows 8.1 PC running Redmond's Enhanced Mitigation Experience Toolkit (EMET). "Last year we launched a plug-in track to the competition, in addition to our …
Iain Thomson, 01 Feb 2014
The Register breaking news

Nasdaq chief's large package shrinks after terrible Facebook blow

Nasdaq OMX has brutally slashed its chief's 2012 bonus by over half a million dollars because of the Facebook IPOcalypse. The market said in a filing with the Securities and Exchange Commission that Robert Greifeld's bonus for last year would be shaved by 62 per cent, although naturally that still leaves him with a not- …
The Register breaking news

Google splits stock in bonus for investors, but keeps control

Google has reported good figures for the last quarter, with revenues up 24 per cent, and is to split the company's stock, creating a new non-voting stock in the company quoted on NASDAQ. "We recognize that some people, particularly those who opposed this structure at the start, won’t support this change - and we understand that …
Iain Thomson, 12 Apr 2012

Oracle's Larry Ellison has the MOST MASSIVE PACKAGE IN PUBLIC

Oracle founder and chief exec Larry Ellison has managed to stay one of the highest-paid CEOs of the hundred largest publicly traded US firms for another year, despite his shrinking package. Ellison topped the lot with a take-home of $78.4m in 2013. That's a hefty hunk of dosh, but it was down $18m from his 2012 compensation. The …

Zynga lures Microsoft's gaming chief with bulging package

Shiny new Zynga chief Don Mattrick will get a hefty package when he joins the firm next week, with around $50m hitting his bank account in the next few years. The firm said in a regulatory filing that Mattrick, who's leaving his job as head of Microsoft's Xbox business to join the mobile gaming biz, will get a base salary of $1m …
Tim Cook

Tim Cook gets weensy 1.9% increase - but it's still twice an average joe's salary

Apple CEO Tim Cook has been handed an $80,000 pay rise - a modest 1.9 per cent increase of his total take-home pay, which nevertheless amounts to almost twice what the average American worker can expect to take home in a whole year. In 2013, Cook was bunged a whopping $4.25m for leading Apple, according to the fruity firm's …
Jasper Hamill, 30 Dec 2013

Eric Schmidt trousers his monstrous package at Google

Top Googler Eric Schmidt is getting a tasty $6m bonus for his performance at the Chocolate Factory this year, part of a package of $15m getting spread around among the C-suite Oompa Loompas. Neither of the firm's co-founders, chief exec Larry Page and Sergey Brin, are getting a 2012 bonus: but Google's top lawyer, the head …
The Register breaking news

Senior IT workers caught in bank bonus tax crossfire

Her Majesty’s Revenue & Customs has warned senior IT staff in British banks to expect to be hit by the government’s bonus tax. The Times reports today that HMRC officials briefed bankers earlier this week about who would be affected by the government’s contentious - at least for those in the City - one-off 50 per cent levy on …
Kelly Fiveash, 17 Dec 2009

BOFH: I'll get my bonus even if it kills, well, someone

"Okay, so we'll just work our way through last year's review and then move onto this year's one," the Boss says, fingering a couple of chunky wads of paper. I hate review time. The only consolation I get from it is knowing that Bosses hate it as well. Everyone hates them - except for the drones from HR for whom this is …
Simon Travaglia, 16 Sep 2011

Elop's enlarged package claim was a cock-up, admits Nokia chairman

Nokia's chairman has admitted he was wrong to say that CEO Stephen Elop's €18.8m (£15.6m) payoff was all very regular and run of the mill. As the Finnish giant came under political pressure for promising its outgoing chief exec the whopping windfall, chairman Risto Siilasmaa incorrectly told the press last week that Elop's …
Andrew Orlowski, 25 Sep 2013
The Register breaking news

Larry Page to Google staff: Your bonus is tied to Facebook envy

Larry Page has worked out who at Google is responsible for its long string of failures in the social media space: everybody. Page is tying a proverbial lamb chop around the neck of its new social thingy, "Google +1", in the hope that the dogs will pay it some attention. According to Business Insider, Chocolate Factory boss Larry …
Teaspoon with lumps of sugar

Sweet work, fellas: Boffins build high-density battery powered by sugar

Scientists at Virginia Tech have come up with a new battery that uses one of nature's most common forms of energy storage – sugar. sugar battery American innovation in action "Sugar is a perfect energy storage compound in nature. So it's only logical that we try to harness this natural power in an environmentally friendly way …
Iain Thomson, 22 Jan 2014

XP, Win7, Win8, App V…making Microsoft migration simple

XP to 7, XP to 8, anything to App V, changes in the data centre, the need for security, BYOD and impending upgrades...it all means that many of you are going through a desktop refresh. The potential for disruption and delay is huge: lost settings, migration of data, incompatible legacy apps all turn what should be a bonus for …
David Gordon, 04 Dec 2013
Doctor Who: The Robots of Death

Google, Foxconn team to build ROBOT ARMY

Contract manufacturer and long time Apple-assembler-extraordinaire Foxconn is now helping Google achieve its ambitious plans in the robotics space, according to the Wall Street Journal. The two firms have apparently been working on something since last year. People familiar with the matter told the paper that Google’s new robot …
Phil Muncaster, 12 Feb 2014
Suitcase bulging with cash

Wanna make 15 bucks? Assimilate someone into the Google Apps BORG

Google is offering an incentive for Google Apps users in the US and Canada to spread the word about the online productivity suite, in the form of a cash reward for each new customer they refer. The online ad-slinger will pay a $15 referral bonus each time a new user signs up for Google Apps using an existing customer's unique …
Neil McAllister, 10 Mar 2014

XP, Win7, Win8, App V…making Microsoft migration simple

XP to 7, XP to 8, anything to App V: changes in the data centre, the need for security, BYOD and impending upgrades mean that many of you are going through a desktop refresh. The potential for disruption and delay is huge: lost settings, migration of data, incompatible legacy apps all turn what should be a bonus for users into a …
David Gordon, 05 Nov 2013

Hey IBM – Lenovo here. Sort your server factory strike out, will you?

Chinese PC maker Lenovo has shrugged its shoulders at a strike in a server factory in China, saying that it's up to IBM to sort out the dispute before its server business transfers to Lenovo later this year. Yet Lenovo has said that it will keep the same salaries and benefits in place for Big Blue employees moving across. More …

CSC boss post-NHS IT flop, Ford CEO 'pitched' as the next Steve Ballmer

Three top Microsoft shareholders have apparently recommended the CEOs of car-maker Ford and IT giant CSC as possible replacements for chief exec Steve Ballmer - because both bosses are in the middle of trying to turn around their companies' fortunes. It's claimed the three investors want the Microsoft board to consider Ford …
Gavin Clarke, 10 Sep 2013
Bloodbath!

Private pain: Dell layoff bloodbath to hit over 15,000 staffers – insiders

Two sources have told us Dell is starting the expected huge layoff programme this week, claiming numbers will be north of 15,000.* The company is returning to private ownership to restructure its operations in the wake of a falling PC market, a commoditisation of the server market and a perceived need to better serve enterprises …
Chris Mellor, 03 Feb 2014
snowden SXSW

NSA 'hunted sysadmins' to find CAT PHOTOS, high-level passwords

Staff at the United States' National Security Agency reportedly “hunted” system administrators because they felt doing so would yield passwords that enabled easier surveillance. So says The Intercept, which claims this document came its way thanks to one E. Snowden, late of Moscow. The document is apparently a lift from an …
Simon Sharwood, 21 Mar 2014

Foxconn mulls US expansion as States compete for business

Contract manufacturing giant Foxconn could be set for a major expansion into the US, although not with the low-cost, labour intensive factories that have defined its presence in China. Chairman Terry Gou told reporters at the group’s annual Chinese New Year party on Sunday that “the US is a must-go market”, according to Reuters …
Phil Muncaster, 28 Jan 2014
Firefox ad 2nd St SF 2011

Mozilla takes a page from Google with sync-friendly Firefox Accounts

The Mozilla Foundation has taken a further step into the world of online services with the introduction of Firefox Accounts. "While we've worked to offer services that deliver value and put users and developers in control of their Web experiences, we've never had a simple way for you to sign up and sign in to access these …
Neil McAllister, 08 Feb 2014
Samsung Galaxy S4 Active

Samsung profits deflate after mobile division runs out of puff

Global smartphone leader Samsung took a knock on Friday after releasing Q4 financials that show a drop in profits of 11 per cent from the previous three months – its first quarterly decline in two years. The Korean giant said net profits stood at 7.3tr won (£4bn) for the fourth quarter, while operating profit was 8.31tr won (£5. …
Phil Muncaster, 24 Jan 2014
sea_hp_sink

HP techies reject latest pay offer, closer to industrial action

Unionised engineers at HP Customer Delivery Services - which provides support for customers including Barclays, BT and Tesco - have moved a step closer to industrial action after rejecting its latest pay offer. HPCDS is a wholly owned subsidiary of the company and effectively came about through the acquisition of third-party …
Paul Kunert, 05 Jul 2013

Facebook gobbles WhatsApp for SIXTEEN BILLION DOLLARS

Facebook has announced that it will acquire mobile messaging service WhatsApp in a deal valued at $16bn. The merger was revealed in a filing with the US Securities and Exchange Commission published on Wednesday. According to the paperwork, WhatsApp will become a wholly owned subsidiary of Facebook in exchange for $4bn in cash, …
Neil McAllister, 19 Feb 2014

NASA to programmers: Save the Earth and fatten your wallet

NASA is teaming up with the asteroid-mining wannabes at Planetary Resources to offer $35,000 in prizes in a contest to develop algorithms to detect Near-Earth Objects (NEOs) – asteroids – with the goal of spotting those that might threaten the Earth. Actually, saving our planet from destruction is but one goal of the Asteroid …
Rik Myslewski, 11 Mar 2014
Bounty hunters

Google adds its Chrome extensions and apps to cash-for-cracks bounties

Google is so happy with its bug bounty program that it has increased the rewards given for flaw-finding and has added all of its home-grown apps and extensions for Chrome to the prize pot. "We will broaden the scope of our vulnerability reward program to also include all Chrome apps and extensions developed and branded as 'by …
Iain Thomson, 05 Feb 2014
gavel_judgment_channel

2e2 staffers get day in court over unpaid pre-meltdown wages

Hundreds of former 2e2 UK employees will be told just days before Christmas at a Reading tribunal whether wages owed to them will be paid in full or not. There are some 356 claimants of 2e2 UK Ltd, Oakley Capital Ltd, Daisy Data Centre and Telefonica, a clerk at Reading tribunal told The Channel. The hearing date has been set …
Paul Kunert, 24 Sep 2013
The Register breaking news

Google CFO nabs $1.2m bonus for five months' work

The Chocolate Factory's new chief financial officer has received a million-dollar bonus after just five months on the job. With a Tuesday SEC filing, Google said that in 2008, it splashed $6.3 million in bonus money on five of the top execs working under co-founders Sergey Brin and Larry Page and chief executive Eric Schmidt. …
Cade Metz, 03 Mar 2009
Candy Crush Saga

Devs: We'll bury Candy Crush King under HEAPS of candy apps

Independent game-makers are hoping to inundate Apple's App Store with "candy" games in a demonstration against Candy Crush Saga-maker King for its trademark of the word CANDY. In a rather pointed protest, the developers have launched a game jam to try to get as many app-makers as possible to come up with games using candy, with …
Kano computer kit

HURRI-KANO: Raspberry Pi kit for kids STORMS past funding target

You don‘t know the POWER of the Dark Side Register. Yesterday morning we happened to mention that Kano, a UK-based company that wants to make a rather tasty Raspberry Pi-based DIY computer kit for kids, wanted $100,000 (£62,200) to make it so. At the time, it had garnered pledges totalling just over $34,000. Kano computer kit …
Tony Smith, 21 Nov 2013
The Register breaking news

Morse! Shoved! Out of! Yahoo! Beneath! Giant! Golden! Parachute!

Yahoo's sacked chief financial officer Tim Morse is going to get a nice little package for his "termination without cause". Morse, who briefly stood in as interim CEO after ex-chief Carol Bartz got the boot, was himself shown the door by ex-Googler and current top dog Marissa Mayer in September and immediately replaced by …
Step into my office...

Austerity BITES: Greece ends extra hols for civil servants forced to use hated COMPUTERS

In a sign of just how hard the austere financial climate is hitting, it has been reported that the Greek government has been forced to put an end to one of its civil servants' most treasured privileges. We speak, of course, of the Hellenic Sir Humphreys' entitlement to an extra six days a year paid holiday if they are compelled …
Lewis Page, 24 Sep 2013