What is a pity bonus?

What is a pity bonus?Even with economic restrictions, companies are finding ways to pay the big bosses with incentives and discretionary bonuses. ‘Pity bonus’ is one such sum given to a CEO who fails to qualify for a big payout because of the downturn. Boards of companies make special concessions to award such incentives. CEOs may not be taking home good salaries, but the bonuses make up for the losses.

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International Day of Yoga

Why 21 June was chosen as International Yoga Day?

United Nations has passed a resolution declaring June 21 every year as the International Yoga …

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