Pay News
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By AFP
Paris -
Renault said Wednesday that its board has decided not to pay out the equivalent of two years of salary to ex-CEO Carlos Ghosn which would have been due to him under a non-compete clause in his contract.
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By AFP
Berlin -
Hundreds of German passengers were facing travel upheaval on Monday with security staff at Berlin's two airports set to walk out in a pay dispute.
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Many people, find it hard to save. Trends suggest workers paid biweekly are 50 percent more likely to need cash between paydays than those paid weekly. David Claffey, Head of Communications at fintech company Earnin explains more.
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By AFP
Paris -
French President Emmanuel Macron on Thursday marked International Women's Day with a pledge to "name and shame" companies that pay women less than men for the same work.
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By AFP
Stockholm -
Iceland's parliament on Tuesday presented a bill that would require public and private businesses to prove they offer equal pay to employees, in what would be the first such requirement in the world.
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By AFP
Reykjav -
Lawmakers in Iceland are to receive a 44 percent pay rise just six months after then prime minister Sigmundur David Gunnlaugsson resigned in a tax-evasion scandal, officials announced Tuesday.
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Lawmakers in Europe are proposing an update to copyright law. If the proposal passes and is implemented, then news aggregators, such as Google News, may change the way they show news to you.
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Finland is drawing up plans to introduce a basic income for its citizens. The final proposal will be presented in late 2016, and if everything goes as planned, the government will give €800 ($870) to everyone.
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Ikea, the Swedish firm, is set to become the first national retailer in the United Kingdom to pay staff above the government's National Living Wage.
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Recently, MasterCard announced that it wants to add a layer of biometric security to its credit cards and all their customers have to do is take a selfie.
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Over the weekend Taylor Swift penned an open letter to Apple. She explained why her album wouldn't be available on the new Apple Music service, which launches at the end of this month.
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San Fransisco -
Wal-Mart, one of the biggest employers in the world and a company that enjoyed a net income of $15.4 billion in 2015, has been found guilty of not paying the minimum wage in California.
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Mastercard's head of emerging payment products has said that contactless payments with cards and phones will be accepted at every store in the UK and Europe before 2020, sparking a debate on whether this will actually be possible.
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A study has revealed that early issues with Apple Pay are causing many earlier patriots to neglect regular use of the service. 47% of users have experienced issues in stores advertised as Apple Pay friendly.
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An image posted to Chinese social media site Weibo allegedly shows a "ranking farm" of racks of iPhones that are used to manipulate ratings and reviews of apps in the App Store.
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Why are there so few women in academia? New research suggests that perceptions of a need for brilliance to excel in a field of study contribute to its relatively low numbers of women.
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When Apple recently announced its intention to release two new iPhones and the revolutionary Apple Watch, something got lost in the mix.
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The state of Michigan is demanding that a man pay thousands of dollars for a kid that isn't his, or he could go to prison.
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Earlier this week, the Financial Ombudsman Service in the UK reported how it had seen complaints about so-called "middlemen" to pay day loan providers more than double this year.
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Beijing -
A new system introduced in Beijing is allowing people to get free phone card rebates or passes to public transport in exchange for simply recycling a used drinks bottle.
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Apple, Google, Intel and Adobe have settled a class action case alleging they conspired to hold down salaries of over 65,000 employees.
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Gothenburg -
In hopes that it will cut down on sick leave, boost efficiency, and ultimately save Sweden money, municipal staff in Gothenburg will experiment with six-hour full-pay workdays.
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By AFP
Milan -
Italy will cap salaries at some of the country's biggest public companies, the new government of 39-year-old Matteo Renzi announced on Friday, though some major groups will be exempt.
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By AFP
London -
Far from the astronomical incentives accorded to a select few at Britain's banks, clothes-to-food retailer John Lewis Partnership is paying all its staff an annual bonus worth 15 percent of their salaries, earning praise for its co-operative structure....
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By AFP
London -
The Bank of England said Thursday it was consulting on recovering bonuses paid to bankers in the event of misconduct, with such a mechanism possibly in place as soon as 2015.The BoE said the move was aimed at maintaining financial stability after banks...
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By Reuters
Barclays <BARC.L> paid almost 500 staff more than 1 million pounds ($1.67 million) last year, prompting criticism that pay is still too high and that banks have not changed their w...
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By AFP
Washington -
The International Monetary Fund came out Wednesday in support of the fight against income inequality, with Fund economists saying income redistribution efforts can strengthen economic growth.Plunging into a debate over the gap between rich and poor tha...
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By AFP
New York -
The new General Motors boss, Mary Barra, will earn a total pay package of $14.4 million this year, 60 percent more than her male predecessor, the automaker said Monday.Feminist organizations were outraged late last week after US media reports said Barr...
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New York -
It wasn't a good thing to have three men skip out on a bill, but it was even worse when waitress Suzanne Parratt was fired for refusing to pay that bill.
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Gary Fung of Vancouver built IsoHunt about 10 years ago, and since then it has become one of the top places to find links to torrent files online.
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Wonga provides short-term payday loans Pictured: the firm's TV advert
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