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Friday, November 20, 2009 Contact Us  |  RSS
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In a dramatic shift since last fall, companies are moving more aggressively to freeze executive salaries and substantially reduce bonuses and stock-based awards....
 
(Business Insurance)—Former American International Group chairman Maurice R....
 
 
With the Administration's crackdown on compensation, bankers in New York may find themselves clipping coupons....
 
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Executives at companies receiving federal assistance would face stiffer limits on bonuses and severance under the stimulus bill than they would under President Barack Obama’s earlier order....
 
The Senate version of the economic stimulus legislation working its way through Congress contains a strict limit on employee bonuses paid by financial institutions that receive taxpayer funds....
 
One in four companies has instituted salary freezes for 2009, according to a new survey from Mercer. And that total may rise to one in three employers by the time 2009 budgets are finalized, the...
 
(InvestmentNews)—Enrollment in prepaid-college-tuition programs has soared since the financial crisis began last fall....
 
 
Recruiters expect bank bailout to boost demand for finance types. Finance types aren't complaining....
 
 
Limits on pay, pushback on perks could spark an exodus of high-priced talent....
 
Congress will consider legislation to extend some of the curbs on executive pay that now apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney...
 
(Workforce Management)—Executive compensation shouldn’t be based purely on performance, warned Jamie Dimon, chairman and CEO of J.P....
 
The tough times continue at Motorola....
 
The Treasury Department should consider revoking executive bonuses at failed institutions that are getting government assistance, a panel appointed by Congress to oversee the $700 billion bailout...
 
(Pensions & Investments)—Shareholders at Shaw Group, the Baton Rouge-based engineering company, are scheduled to vote Wednesday on a proposal calling...
 
(Pensions & Investments)—Some 46% of companies have board chairmen who are not the CEOs, according to a RiskMetrics Group report analyzing the structure ...
 
(Pensions & Investments)—CEO pay moved toward stock compensation and away from cash and stock options, but median cash compensation increased in several ...
 
Just a few days after laying off roughly 800 of its workers, executives at equipment-maker Caterpillar revealed that its top officers will see a substantial reduction in their compensation next year....
 
(Reuters)—Wall Street’s bonuses will fall at least 50% this year, pushing them back down to the level last seen in 2002, the New York city comptroller...
 
(InvestmentNews)—With the stock market in Palookaville, more companies are quietly bailing out executives holding “underwater” stock options. The...
 

 
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