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compensation

Hourly, an app that lets businesses track working hours, generate payroll, and assign compensation insurance to hourly wage workers, raises…

Ingrid Lunden / TechCrunch: Hourly, an app that lets businesses track working hours, generate payroll, and assign compensation insurance to hourly wage workers, raises a $27M Series A — We've seen a boom in the last several years around tech built for front-line, service, manual, and other workforces typically paid on an hourly wage. Ingrid Lunden / TechCrunch: Hourly, an app that lets businesses track working hours, generate payroll, and assign compensation insurance to hourly wage workers,…

Blizzard provides compensation after nerfing £20 ‘Hearthstone’ card

A new update to Blizzard’s popular online card game Hearthstone has drastically nerfed a card that was sold for £20 ($25) as recently as April. The card in question is the diamond variant of Drek’Thar. Prior to the 23.2.2 patch, its battlecry could summon two minions from the player’s deck, but this has now been reduced to one, making it a much less lucrative card. While this would typically be a cause for outrage, Blizzard has been extremely generous with compensating players who bought the card for its initial…

iPhone and Samsung Galaxy owners could be owed compensation

Millions of Apple iPhone and Samsung Galaxy owners could be owed a payout, thanks to a new class action legal claim. Leading the charge on this front is consumer champions Which?, who said millions of people who purchased an iPhone or Samsung Galaxy devices since 2015 could have been overcharged for their phones. Depending on the number and type of phones consumers bought during this period they could be due a payout of between £5 and £30.The legal action claims leading chip maker Qualcomm used its market position to…

Accident while wrong-side driving won’t get you any compensation

The Rohini court has denied compensation to the individual’s relative when the individual was involved in an accident with a car. Reportedly, the individual was riding his motorcycle on the wrong side of the road when he collided with a car. The individual died because of the accident. The presiding officer of the Motor Act Claims Tribunal said that the victims who are found to be driving on the wrong side of the road are not entitled to any compensation. The court said that it does not matter how serious the accident…

Ford Pulls Plug on EV Production in India, Resumes Compensation Talks With Workers

Shelving its plans to roll out electric vehicles out of its two plants, Ford India Pvt Ltd will resume compensation talks with its workers.“The management has told the workers that it has no plans to make electric vehicles in India. The management has called for talks with the Union for compensation to be paid to the workers on the closure of the plant," a Ford India Union official told IANS.He said the compensation talks were stopped as the company had plans to make electric vehicles at its two plants - Chennai and…

GM will start tying executive compensation to electric vehicle targets

General Motors Chairwoman and Chief Executive Officer Mary Barra speaks during a meeting hosted by U.S. President Joe Biden with private sector CEOs to discuss the Build Back Better agenda at the White House in Washington, U.S., January 26, 2022.Kevin Lamarque | ReutersDETROIT – General Motors will begin tying a "significant part" of its long-term executive compensation with the company's electric vehicle goals, CEO Mary Barra said Tuesday.Starting this year, Barra said the compensation targets will include volumes of EVs…

Mary Barra says GM will begin tying executive compensation to success of its EV targets

In a recent interview, General Motors (GM) CEO Mary Barra stated that long-term executive compensation will be contingent upon the American automaker reaching specific targets for its transition into electrification. With some bold targets already in place, what better way to get the suits paid than to dangle a zero-emissions carrot in front of them? As reported by CNBC, GM CEO Mary Barra said that executive compensation will be tied to EV targets beginning this year. The full scope of these targets are expected…