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Norway’s $1 trillion sovereign wealth fund last year sent a clear message to big U.S. companies: You should rethink how CEOs are paid.
But 18 months after publishing its contrarian views on executive compensation, there’s scant evidence the fund that owns 1.4 percent of the world’s publicly traded stock is taking directors of major American firms to task. READ MORE
f an employer grants one of its employees a restricted stock award, should that employee make an 83(b) election at the time the restricted stock award is granted? What is the upside to the employee if he or she makes an 83(b) election? What are the risks to the employee? READ MORE
Women on average make about 80 cents for every dollar a man does. In Silicon Valley, the wealth gap is even wider, extending to the most potentially lucrative currency on the planet: stock options. READ MORE
Clients frequently ask if they can provide incentive compensation to their employees and executives in a manner that gives them flexibility and drives performance, but receives coveted capital gains treatment. This usually sounds too good to be true. In most cases, you can defer or sometimes minimize income tax for employees (retirement plans, deferred compensation arrangements, stock appreciation rights, non-qualified stock options), but there is one tool that enables employees to skip income tax, FICA, and withholding altogether – well-designed and-well managed incentive stock options or “ISOs.” READ MORE
In this roaring economy, much has been written about employers reinvesting tax breaks to sweeten benefit packages and take-home pay, but what about the nonqualified deferred compensation (NQDC) area? Kirk Wolf, managing regional VP of nonqualified plans and principal securities for Principal Financial Group, explains to EBA how these plans fit into the war on talent and the importance of periodic benchmarking, as well as applying their inherent flexibility to commonly faced issues and communicating their value. READ MORE
For the second consecutive year, nonprofit CEOs received compensation increases approaching pre-Great Recession levels in FY 2016, according to the 2018 GuideStar Nonprofit Compensation Report. Released today, the report is the 18th edition in GuideStar’s annual series. It remains the only large-scale nonprofit compensation analysis based entirely on IRS data. READ MORE
Are wages determined by market forces, or do businesses get to decide what pay they offer to workers?
This question gets at the heart of a lot of the debate about the economy. Why has wage growth been so sluggish for so many years? READ MORE
Standard wage data show that between the spring of 2017 and the spring of 2018, real wages in the U.S. increased only 0.1%. But there are three major problems with these data. First, they don’t account for fringe benefits, which are an increasing proportion of employee pay. Second, standard wage data use an index that overstates the inflation rate. Third, each year the composition of the workforce changes, as older, higher-paid workers retire and young, lower-paid workers enter the workforce. READ MORE
The strengthening economy and tight labor market are giving workers more confidence to demand employer concessions through strikes. READ MORE
Companies that consider nonqualified deferred compensation arrangements for their key executives often focus on how those arrangements are treated for tax purposes. But in the midst of the tax discussion, don’t lose track of the other federal law that governs these arrangements: the Employee Retirement Income Security Act (ERISA). READ MORE
Today, we wrapped up The 2018 OPEN MINDS Executive Leadership Retreat. Each year, as part of our work in leadership we conduct an annual survey focused on executive compensation and retention. The big takeaway this year – size matters. READ MORE
Total pay for outside directors at the nation’s largest corporations climbed 3% in 2017, driven by increases in cash and stock compensation. READ MORE
Ten years after the financial crisis, the US unemployment rate has dropped from the crisis peak of 10% to a historically low 3.9% — but overall wage growth is still sluggish. READ MORE
Economists say the country is close to full employment, but pay gains for American workers have been flat since 2015. Even last week’s uptick in wage growth risks being wiped out by inflation. READ MORE
It's the one still-weak link in our otherwise high-performing economy: wages. They're just not growing as fast as expected given the low unemployment rate and the recent jump in GDP. READ MORE
Almost everyone got on board the reform train after the 2008 financial crisis. However, big business, and in particular the biggest banks, slammed the brakes on reforms that threatened to separate senior executives from their money that critics said incentivized excessive risk taking before the crisis. READ MORE
Economists say the country is close to full employment, but pay gains for American workers have been flat since 2015. Even last week’s upward blip in wage growth could be wiped out by inflation.
Yet Americans haven’t been this optimistic about future pay raises since the century began, according to the Conference Board’s monthly surveys. READ MORE
The long-awaited pickup in U.S. wage growth may have finally arrived.
Average hourly earnings rose 2.9 percent in August from a year earlier, the sharpest jump since June 2009, the Labor Department said Friday. READ MORE
Bank tellers and baristas are among the workers that may see a nice bump in their paychecks, according to a new survey that shows wage growth among U.S. workers is on the rise. READ MORE
Hurray. American workers are finally getting bigger pay raises. Unfortunately, rising inflation is eating up a lot of the extra cash and will lead to higher borrowing costs on mortgages and car loans.
The amount of money paid per hour to American workers rose in August to a yearly pace of 2.9% — the highest level since the end of the Great Recession in mid-2009. READ MORE