Your English writing platform
Discover LudwigExact(3)
Jim Swords, the company's communications director, would not name the executives who would have to return bonus pay, nor would he say how many people were involved.
Insurance policies today come with guarantees on the minimum rate of return, bonus provisions, and surrender options.
Earn the Daily Return Bonus.
Similar(55)
Executives who certify books that turn out to be questionable can be forced to return bonuses and other incentive pay.
Some would like Wall Street bankers to return bonuses that were based on bubble profits, especially since these bankers helped wipe out their retirement savings.
The S.E.C. added that it was still working on persuading a judge to force Mr. Kumar and Mr. Richards to return bonuses they received but did not earn and to pay hefty civil penalties.
Another proposal calls for chief executives and other officers to be forced to return bonuses and stock option awards when their companies have to restate earnings because of misconduct.
Bankers found guilty of misconduct could be forced to return bonuses up to seven years after being awarded them, under Bank of England plans.
But that raises the question of whether returned bonuses would be as psychology satisfying as bonuses that had been clawed back.
Some have returned bonuses, which is a good thing, but no one has said, "I'm sorry".
The money-losing manager does not return his bonus or incur a negative one (he calls it "incentive").Enough already of the valueless fraudsFinally, in finance, let's ban the risk-management method called "value-at-risk" currently used by banks.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com