The Affordable Care Act certainly hasn’t hurt the pay of CEOs from some of the largest U.S. publicly traded healthcare companies. In fact, it was just the opposite. READ MORE
Lehman Bankruptcy Ruling Shows Risk of Deferred Compensation
Judge Shelley C. Chapman of the Federal Bankruptcy Court in Manhattan has issued an opinion that provides an important reminder for employees throughout the United States who participate in deferred-compensation plans. READ MORE
Big Ten commish Jim Delany shrugs off question about reported $20 million bonus
You are what someone will pay you.
That was basically the reaction by Big Ten commissioner Jim Delany on Monday when asked about his reported $20 million bonus. READ MORE
U.S. orders Wells Fargo to reinstate whistle-blower and pay $577,500 in compensation
The U.S. Labor Department has ordered Wells Fargo & Co. to reinstate another former employee who alleged she was fired after reporting part of the widespread fraud that engulfed the bank in a major scandal.
The whistle-blower, a former branch manager in Pomona, will be reinstated and paid $577,500 in back wages, damages and other compensation, , the agency said, based on an investigation by the department’s Occupational Safety and Health Administration. READ MORE
Top 10 Ways to Change Compensation Structure Without Causing Panic
Business owners often need to make employee compensation alterations for various reasons, whether it’s to adjust for new business goals, launch new incentive programs or simply lower expenses. Unfortunately, many organizations forget to include employees in the process. This can lead to an overall sense of disappointment, anger and frustration with the employer and ultimately, hostility and lower productivity. To help avoid any unwanted surprises and keep a calm and professional working environment, we’ve asked 10 members of Young Entrepreneur Council (YEC) the following question: READ MORE
Low-Income Earners See Weekly Pay Gain Faster Than Other Groups
Tighter labor market appears to be leading to better pay for workers making the least. READ MORE
CEO-to-worker compensation gap shrinks in 2016 – but it's still 271-to-1
Report by Economic Policy Institute shows slight dip over past three years but ratio is still ‘light years’ beyond that of previous decades READ MORE
Extreme compensation has become the norm
In 1965, a high-water mark of the middle class, the average CEO made 20 times the average worker’s pay. Since then, the gap has grown 17-fold to more than 340 times the average worker’s pay. READ MORE
Survey Shows Job Satisfaction High, Compensation Satisfaction Lags
The good news? Overall U.S. employee job satisfaction continues to rank highly at 89 percent. The not-so-good news? There's a wide gap between those who rate satisfaction with compensation as very important (61 percent) and those who actually feel very satisfied with their current level of compensation (26 percent). This 35 percentage-point difference regarding compensation was the largest gap noted in the 2016 Employee Job Satisfaction and Engagement Survey from the Society for Human Resource Management. READ MORE
Wells Fargo official: Executives have been held accountable for scandal
As the bank continues to rebuild its image, Wells Fargo CFO John Shrewsberry insisted Friday that the institution has taken aggressive steps and has held its leaders accountable for the fake accounts scandal. READ MORE
How to Transition to Employee Ownership
If your exit plan involves your employees taking over, these smart tips will help ensure that they're ready when you walk out the door. READ MORE
Wells Fargo Is Trying to Bury Another Massive Scandal
The bank became notorious last year for creating fake accounts on behalf of customers. Now it's trying to kill a class-action lawsuit over shady debit card fees. READ MORE
Whole payout? Whole Foods officials stand to get $171 million on Amazon deal
Whole Foods Market executives and insiders will be able to afford to shop at the famously high-priced organic grocer for years to come if regulators and shareholders green-light the Texas company’s $13.7 billion merger with Amazon. READ MORE
The 3 most likely explanations behind decades of soaring executive pay
Why has executive pay soared when the average American worker has seen wages stagnate in recent years? READ MORE
Superstar athletes, entertainers and sky-high CEO compensation
If superstar athletes pull down major scratch, why complain about the bulging pay of top chief executives? But there are plenty of differences between the two. READ MORE
Performance Management: The Next Generation
Quick. What do you think of when someone says performance management?
The common response is, “Appraisal.” And tagging along is the specter of ratings, pay decisions, and the angst associated with the uncertainties of boss-subordinate feedback. READ MORE
New health-care bill would keep Obamacare’s taxes on the rich — for now
Republicans have revised their proposal health-care bill to preserve some of Obamacare's taxes on the wealthy, a reversal from an earlier draft that would have scrapped those fees. READ MORE
ACA repeal likely would boost CEO pay
The recent health insurance bills in the U.S. House and Senate are in a race to the bottom for heartlessness, deception and awful public policy. The bills share well-known faults: less coverage, higher premiums and co-pays, and big tax cuts for the wealthy made possible by Medicaid allocations that fail to meet costs. READ MORE
Senator demands to know why the Fed hasn't fired Wells Fargo's board of directors
Sen. Elizabeth Warren (D-Mass.) wants more action from the Federal Reserve on the accounts scandal that last year rocked Wells Fargo (WFC).
“How could the removal of [the Wells Fargo] board members not be warranted given the facts we already know?” Warren asked Fed Chair Janet Yellen during Yellen’s semi-annual testimony before the Senate’s Committee on Banking, Housing, and Urban Affairs on Thursday. READ MORE
Reminder on CEO Pay Ratio Disclosure for 2018
Beginning in 2018, most public companies will be required to include CEO pay ratio disclosure in their proxy statements. Despite efforts to repeal, delay or limit the implementation of the SEC’s pay ratio rule, it appears increasingly less likely that any of those efforts will be successful before the 2018 proxy season. As a result, companies should continue to prepare or, for those that have not yet started, begin the process of preparing the methodology they will use to develop their CEO pay ratio disclosure. READ MORE