Compensation Design and Communication
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Aon CEO Greg Case Took Home $12 Million in 2011
The company's board said Case was being rewarded for the financial performance of the commercial insurance brokerage and corporate consultant.
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Median Salary for Grads Climbs 4.5 Percent
Graduates earning math and science degree received a median salary of $40,939, up 2.5 percent from the previous year. Computer sciences grads' starting salaries rose to $56,383, up 2.4 percent.
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Novartis Agrees to $99M Settlement in Sales Rep Wage Dispute
The $99 million settlement resolves the wage-and-hour claims brought in 2006, as well as additional wage-and-hour claims covering a more recent time period, according to the joint announcement by Novartis and Sanford Wittels.
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Class of 2011 Salaries Rise 2.3%
The average starting salary for those with bachelor’s degrees in the class of 2011 was $41,701, up 2.3 percent from the class of 2010, according to the winter 2012 Salary Survey report published by the National Association of Colleges and Employers.
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Lady Gaga's Ex-Personal Assistant Sues Pop Star for Overtime Pay
Jennifer L. O'Neill said her annual salary was $75,000, but she was not paid overtime for working more than 40 hours a week. She said she was on duty 24 hours a day.
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'The Business Buffett Rule'
For a company paying the federal minimum wage of $7.25 an hour (about $15,000 a year for a full-time worker), what if the total compensation for the CEO was capped at 100 times that? That means a CEO's annual income would be about $1.5 million. As pay goes, that's not peanuts. But it also is a far
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Grads Snag Highest Wages Among Securities Firms
Securities employers paid grads an average starting salary of $58,571. Overall, they provided 42,000 jobs to the Class of 2011.
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Comp and Circumstance: TD Executives Get Big Boost in Total Pay
The investment company's total pay figures, disclosed in a proxy statement filed yesterday with the Securities and Exchange Commission, include both cash compensation and stock awards.
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Average Tech Pay in Silicon Valley Tops $100,000
For the U.S. as a whole, technology workers reported their average annual wage rose to $81,327 in 2011 from $79,384 in 2010, according to a survey by Dice.
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Out-of-State Workers Due Overtime for California Work: Appeals Court
The case involving three employees of Redwood Shores, California-based Oracle, who lived in Colorado and Arizona but also worked in California and elsewhere. The employees, classified as instructors by Oracle, trained customers to use Oracle software.
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Court: Ex-Temp Creates Fake W-2s
The former temporary worker, Valerie Yvonne Brown, faces charges of aiding or assisting the preparation of a false or fraudulent document and identity theft, according to the filing.
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Workers' Comp Assessments 5 Times Higher for N.Y. State Employers: Analysis
The average premium assessment among 32 states that impose the taxes is 4.2 percent. In contrast, New York state employers pay assessments totaling 20.2 percent of their premiums.
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Golden Parachutes Appear to Be Losing Their Luster
A new report suggests that corporate boards of directors are becoming increasingly wary of so-called ‘golden parachute,' that is, change in control severance agreements.
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Selling Cars Online Is More than a Typical Sales Job
Moving from the showroom to the Internet desk can be a tough transition for a salesperson. Internet car sales require a different skill set from showroom car sales. But if a salesperson succeeds, the payoff is sizable.
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Study: Wage Bill Would Benefit 1M New Yorkers
The study found that 880,100 New York employees earn less than $8.50 an hour. About 352,000 of those are in New York City, about 40 percent of the state total. In the city, 92 percent of those workers are at least 20 years of age.
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Compensation in 2012 Will Be Looking Very Familiar
Average base-salary increases will be in the 3 percent range in 2012, like in 2011, analysts say.
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Dear Workforce: How Could Our Not-for-Profit Boost Retention Even Though We Can't Compete on Salaries?
Retaining top talent is emerging as a big issue, but our organization can't rely solely on increasing salaries and bonuses to keep our best people. For one thing, our competitors are often larger and can offer more money. What steps could our not-for-profit take to increase the odds of retention?
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Former Press Box Hostess Sues Indianapolis Colts Over Pay, Work Hours
According to court documents, the woman is seeking class-action status that would include other unnamed hostesses, in part because ‘some, if not most, of the individual group members may not be aware of their rights to wages under federal and Indiana law, or may not, because of financial ...
