Siemens’ Energy Unit Spinoff Lags Expectations In Market Debut

Siemens Energy chairman Christian Bruch and Ralf Thomas, CFO and board member of Siemens AG, hailed a spinoff deal comprising one of Europe’s largest stock market debuts this year Frank Rumpenhorst Text size ADDS updated stock price, background German industrial giant Siemens on Monday spun off its energy division, with […]

Siemens Energy chairman Christian Bruch and Ralf Thomas, CFO and board member of Siemens AG, hailed a spinoff deal comprising one of Europe’s largest stock market debuts this year


Frank Rumpenhorst

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‘Salaries to have more variable, profit-linked pay’

© Provided by The Financial Express “Earlier people could do some work from nine to five and get paid but now measurable productivity is key,” he said. An increasing number of companies are rejigging salary structures, across the board, to lower the fixed component and raise the performance-based variable component. […]