Meta approves bonuses of up to 200% for company execs as it lays off workers
Meta, the parent company of Facebook and Instagram, announced that it approved a change to its bonus policy for executives other than the CEO that will raise payouts from 75% to 200%.
Meta Approves Executive Bonuses Up to 200 Percent After Laying Off 1 in 20 Workers
Your company should consider the message this sends to the non-executive workforce, and not follow the tech giant's example.
Meta approves bonuses of up to 200% of company executives’ salaries a week after laying off 3,600 employees
The bonus increase comes just one week after Meta laid off around 5% of its workforce, around 3,600 employees. The cuts were ...
Meta approves bonuses of up to 200% for executives
Executives at Meta have been approved for targeted bonuses up to 200% of their salary, the company revealed in filings on Thursday, while the company is in the process of laying off 5% of its ...
Invest in NPS or EPF? Experts explain benefits of retirement savings schemes
Under the new tax regime, salaried individuals can opt for both NPS and EPF to boost their retirement corpus. But which is ...
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JPMorgan CEO Jamie Dimon's 2024 pay rises after record profit
JPMorgan Chase JPM.N said on Thursday that long-serving CEO ... after the bank posted a record profit amid a revival in dealmaking and fundraising activities. His compensation included a base ...