Maluses -- the opposite of bonuses

November 2008
People Management;11/27/2008, Vol. 14 Issue 24, p7
The article discusses maluses that will be awarded for losses in the same way as bonuses are for profits under a Union Bank of Switzerland (UBS) plan for its top 3 per cent of staff. The bank plans to pay bonuses into third-party accounts that will become available to staff in stages over three years.


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