[C1.] Six Female Executives Sue Bank for Sex Discrimination Six women who are senior bankers at Dresdner Kleinwort Wasserstein Services have sued the investment bank, contending that they were denied equal bonuses and promotions that went to men with less experience.
In addition to bi-annual retreats and a voting system that counts the opinion of nearly everyone in the company, each employee receives equal bonuses, while no worker's salary is allowed to be more than four times anyone else's.
"And I'm looking for jobs now with salaries that are equal to my bonus at Dell".
The contract calls for a cash bonus equal to 5percentt of annual salary and an 11percentt across-the-board raise over the contract's five years.
Judge Paul Gardephe also ordered Mathew Martoma, a former portfolio manager at SAC Capital, to forfeit $9.38m, equal to the bonus he made on the illegal trades.
In March, after a strong period of growth, all 85,000 employees were awarded a bonus equal to 17% of their salaries.
Another 70,000 with BEAMTE (permanent civil servant) status will have their holiday bonuses scrapped and their Christmas bonus, equal to 86% of their monthly pay, replaced by a flat-rate payment of euro640.But all this is still not enough.
They can still get a retirement bonus equal to two years' salary, a relic of the white-hot labour markets of the 1960s and 1970s when Matsushita and many other firms promised the best graduates jobs for life.
Mr. Lewis, who was president and chief operating officer of Yum Brands, can also receive a bonus equal to his salary and restricted stock worth $4.5 million, Kmart said in a filing with the Securities and Exchange Commission.
After the war, Fred went to work for McCorquodale, the Wolverton and London printer famous for the 1915 strike that gained women a war bonus equal to that received by men.
