Survey by Corporate Board Member and Compensation Advisory Partners finds that 52 percent of public company directors believe diversity and inclusion metrics should be incorporated into the incentive compensation plans for the CEO and executive management team--but how best to do so remains a question. READ MORE
Disney heir calls on company to give 50% of exec bonuses to lowest-paid employees
Abigail Disney is doubling down on her criticism of executive pay at her family's company.
Just days after calling the pay of Disney's top brass "insane," the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she "struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co." READ MORE
Typical Worker’s Pay Nears $200,000 at Oil Refiner
It was a fruitful year for the rank and file at oil-and-gas companies, from Exxon Mobil Corp. to Phillips 66.
Oil and gas drillers and refiners had some of the highest-paid median workers in the energy and utility sectors in 2018, according to The Wall Street Journal analysis of annual pay disclosures by hundreds of big U.S. companies. READ MORE
What happened when these women found out what their male colleagues made
April 2 is Equal Pay Day, which symbolically marks how much longer into the year women would have to work in order to earn as much as men did the previous year. READ MORE
Warren Buffett identifies the 'best way' to address income inequality
Legendary investor Warren Buffett, the third richest person in the world, argues in a new interview that the best way to address income inequality is through the Earned Income Tax Credit. READ MORE
Why culture matters in creating a Total Rewards strategy
Remember when employees worked a standard 9-to-5 job, clocking out and checking out at the end of the day, fulfilling a prescribed set of functions to which their success and performance was tied? Perhaps there was also a clear path of promotion and expected incremental salary increases. READ MORE
Abigail Disney Calls Bob Iger’s Compensation ‘Insane’
Abigail Disney, the granddaughter of Disney co-founder Roy O. Disney and daughter of longtime Disney executive Roy E. Disney, believes that the compensation of Disney CEO Bob Iger is “insane,” according to a report from Fast Company. READ MORE
How to Align Sales Compensation with Strategic Goals
I was recently asked how to set up a compensation plan that's aligned with a company's strategic goals. That's a big issue but I'll boil it down for you. READ MORE
Tesla’s Elon Musk could earn up to $2.2 billion from stock options
Tesla Opens a New Window. Chief Executive Elon Musk Opens a New Window. received more than $2.2 billion in stock option awards in 2018, according to a regulatory filing. READ MORE
Shareholder adviser Glass Lewis opposes UBS compensation report
Shareholders of Swiss bank UBS Group should oppose its compensation report for 2018, proxy adviser Glass Lewis said, citing “pay-for-performance concern”. READ MORE
Uber CEO's compensation is tied to $120 billion valuation
Regularly evaluate employee compensation to make sure your business is paying nondiscriminatory fair wages
Proving illegal pay discrimination can be difficult because of the many factors employers consider when setting compensation. READ MORE
Goldman Sachs CEO David Solomon slashes pay for his employees as revenue drops
Being a Goldman Sachs trader or banker is about to get less lucrative.
The bank cut compensation and benefits set aside for employees in the first quarter by 20% to $3.26 billion, or about $90,780 for each of the bank’s 35,900 workers. A year ago, that figure was $119,323 for each of the bank’s 34,000 workers. READ MORE
Compensation bias is bad for business. Here’s how to fix it.
Compensation equity makes you a more competitive, attractive employer with a diverse, productive workforce that drives profit. But it requires hard work at long odds. READ MORE
How Trump’s border policies are boosting wage growth
The left won’t admit it, but Friday’s employment report is yet more proof that President Trump’s policies have achieved in a little more than one year something progressive politicians have been championing for nearly forever: a fairly significant increase in the federal minimum wage. READ MORE
$15 minimum wage must be the law of the land
The $15 minimum wage is the progressive idea that working families need. The regional minimum wage is regressive. Here’s why.
Democrats ran and won in 2018 on bold ideas, including the bedrock principle of a fair day’s pay for a fair day’s work. READ MORE
Three performance management strategies that dramatically reduce attrition
Throughout my career I’ve been tasked with refreshing the performance culture in multiple, high-growth organisations.
The business goals of this exercise included both boosting overall workforce performance and improving employee retention, and I have observed time and again the many benefits to both organisations and employees from more frequent performance-related conversations around development and check-ins to ensure employees’ goals are clearly linked to the overall business strategy. READ MORE
Elon Musk’s compensation at least 40,000 times bigger than median Tesla worker
Elon Musk has come under recent scrutiny from the SEC for some ill-advised tweets, from shareholders about closing stores, and even paparazzis for his relationship to indie musician Grimes. READ MORE
U.S. job growth rebounds in March, but wage gains moderate
U.S. employment growth accelerated from a 17-month low in March as milder weather boosted hiring in sectors like construction, which could further allay fears of an abrupt slowdown in economic activity in the first quarter. READ MORE
Understand How Compensation Philosophy Impacts Your Paycheck
Have you ever wondered why some companies pay above-market salaries, while others offer candidates below-market rates for the exact same job? Or why brand-new hires often make more than a firm’s existing staff? It usually comes down to an employer’s compensation philosophy. READ MORE