Almost every executive in the federal government—98 percent—received bonuses last year totalling just under $200 million, according to Canadian treasury data. That brings the total federal bonuses to more than half-a-billion during the pandemic years, says the Canadian Taxpayers Federation (CFT). “Canadians are worried about missing a meal, but bureaucrats aren’t even worried about missing…
Canadian Government Paid Half a Billion in Bonuses During Pandemic: Taxpayer Federation
Number of CBC Employees Earning 6 Figures Doubled Since 2015: Canadian Taxpayer Federation
The number of employees at the taxpayer-funded Canadian Broadcasting Corporation (CBC) making six-figure salaries each year has doubled since the Liberal government took office in 2015, according to the Canadian Taxpayer Federation (CTF). In fiscal year 2015–2016, CBC had 438 hires who took home six-digit salaries that year. That group of CBC staff has steadily…
Family Finances: Financial Perks for Service Members
By Sandra Block From Kiplinger’s Personal Finance Mike Hunsberger, former member of the U.S. Air Force and founder of Next Mission Financial Planning, in St. Charles, Missouri, breaks it down. Question: Faced with a tough labor market, military recruiters are offering potential recruits bonuses and incentives. What should a young person consider before joining the…
Lowe’s to Give $55 Million in Bonuses for Hourly Workers to Fight Inflation
American retail company Lowe’s is handing out $55 million in bonuses to its front-line hourly employees in an effort to help combat the increasing cost of living. Lowe’s Chief Executive Marvin R. Ellison announced the bonus scheme during the company’s second-quarter earnings call on Wednesday. “I would like to personally thank our associates for their hard work and…
Lowe’s Is Giving $55 Million in Bonuses to Hourly Workers Because of High Inflation
By Catherine Muccigrosso From The Charlotte Observer Lowe’s store employees will soon see bonuses in their paychecks. The home improvement retailer is giving $55 million in bonuses to its hourly workers in stores during this time of high inflation, Lowe’s CEO Marvin Ellison said Wednesday during the second quarter earnings report. “These associates have the…
Ford Doubles Annual Bonuses for Some Salaried Workers
Ford has doubled the annual bonuses for some of its salaried workers while the company’s CEO will be taking a reduced amount following backlash over its current payout formula, the company confirmed to The Detroit Press. The automaker originally announced on Feb. 7 that its annual bonus formula would be based on a 54 percent…
Banks Say They Are Paying up for Talent as Hiring Is Competitive
Banks are facing cutthroat competition to hire and are being forced to pay more to recruit and keep talent, with both Citigroup Inc and JPMorgan Chase & Co. saying they are having to pay competitively for top people. Global banks have had to come up with perks like higher pay and bonuses to attract and…
Walgreens Boots Heaps Bonuses, Rewards for Pharmacists Amid Labor Shortage
September 18, 2021
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Walgreens Boots Alliance Inc. will give a one-time bonus of $1,250 to its full-time pharmacists and a $1,000 payment to part-time pharmacists, the drugstore chain said on Friday, as major retailers try to retain people amid intense labor shortage. The company said certified or to-be certified pharmacy technicians who are responsible for administering flu and…
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