Sentence examples for limit bonus from inspiring English sources
From January, the EU intends to limit bonus payouts to 100% of salary, or 200% of salary with specific shareholder approval.
DealBook » Britain Sues to Stop Cap on Bonuses for Bankers | The step is the latest in Britain's campaign against a decision by European lawmakers this year to limit bonus payments at Europe's largest financial institutions to one year's base salary.
The step is the latest in Britain's campaign against a decision by European lawmakers this year to limit bonus payments at Europe's largest financial institutions to one year's base salary.
French banks had already agreed to restrain payouts in a code of conduct in February, when they said they would limit bonus guarantees to 12 months, adjust payments to reflect risks, pay bonuses from profit rather than revenue, and defer some variable compensation.
In 1993, the federal tax code limited to $1 million the amount corporations could deduct for executive compensation, but it didn't limit bonus pay for performance.
On Thursday, the European Parliament agreed to limit bonuses of bankers to two times their salaries.
Like a thunderclap, the European proposal to limit bonuses is reverberating across the global financial industry.
Some are even seeking legal advice as to whether the European officials are authorized to limit bonuses.
Late Wednesday, the European Parliament and European Commission struck a provisional agreement to limit bonuses to 100 percent of bankers' salaries.
They said they would limit bonuses to certified teachers in an effort to recruit teachers of the highest quality.
But Washington policy makers did not limit bonuses for rank-and-file employees when the government hastily arranged the sweeping bailout last fall.
