Showing posts with label bonus. Show all posts
Showing posts with label bonus. Show all posts

Monday, 16 December 2013

Carnival offers Wave season bonus

Carnival offers Wave season bonus

By Tom Stieghorst

Carnival Cruise Lines said it will pay a $25 bonus commission on certain bookings in January, as the industry’s Wave season swings into gear.

The offer joins Wave season promotions from MSC Cruises and Celebrity Cruises that have already been rolled out.

Carnival said the bonus payments apply to cruises of six days or more made in January for sailings from May 1 to Aug. 31, 2014.

Carnival also said it has sent agents advance notice of its first consumer promotion, which discounts fares by up to $400 on cruises of six days or longer that sail within five months of booking. Smaller discounts on shorter cruises are also part of the promotion.

MSC unveiled a "2-for-1 plus” promotion through March 31, that lets consumers pick a beverage package, an onboard credit or prepaid gratuities on certain Caribbean and European cruises and transition cruises between the Caribbean and Brazil.

Earlier, Celebrity Cruises jumped the gun on Wave season, which typically starts after the holidays, by reviving its 123Go! offer of perks on bookings between Nov. 29 and Feb. 28.

Monday, 21 October 2013

Carnival Corp. discloses new CEO's compensation

Carnival Corp. discloses new CEO's compensation

By Tom Stieghorst
ArnoldDonaldNew Carnival Corp. president and CEO Arnold Donald will be paid an annual salary of $1 million for the next three years under a new compensation agreement reached this week.

In addition to salary, Donald will get a bonus this year of $1.125 million and $350,000 in relocation and temporary living expenses.

Next year, Donald will be eligible for a bonus with a target amount of $2.65 million and a maximum amount of $5.3 million, according to a filing with the Securities and Exchange Commission. His bonus for the 2015 year is not yet specified.

Donald also will participate in long-term incentive-based compensation plans, including a one-time grant of performance-based restricted stock with a target value of $3 million.

He will get an annual grant of Carnival stock worth $3.5 million a year.

The filing said Donald's compensation as a director of Carnival Corp. ended on July 3, the day he began his employment with Carnival.