More than 100,000 millionaires Opens a New Window. packed their bags and moved Opens a New Window. to an entirely new country last year, according to new research. READ MORE
10 jobs that still come with a traditional pension
A solid pension Opens a New Window. can be hard to come by.
While some older retirees Opens a New Window. rave about the benefits of their private pension plans Opens a New Window. , some modern-day workers are finding other ways to prepare for retirement — especially since those types of packages seem scarce nowadays. READ MORE
What the Media’s Most Powerful Executives Were Paid in 2018
The bosses and directors of the world’s largest media companies aren’t going to win many popularity contests. They anger a lot of people, including investors, when they approve out-of-whack pay packages for their CEOs. Their lavish salaries and generous awarding of stock options to key leaders enrage politicians on the left and threaten to become a political issue in the upcoming presidential election. And they appear to have been oblivious to women’s concerns as disclosures of sexual harassment and bullying at the companies they oversee piled up over the past year or so. READ MORE
Focus on taxes, compensation turns into tech-industry niche
Rebecca Conner has found her niche in the financial planning space.
Ms. Conner, founder of SeedSafe Financial in Seattle, is developing a bustling enterprise by blending her accounting background with her proximity to the tech industry and focusing largely on the unique compensation structures of employees at some of the world's largest technology companies. READ MORE
Zalando Brings Massive CEO Compensation Packages to Germany
Thrift and discretion have traditionally been seen as virtues in Germany—even in executive suites. Companies long resisted publishing individual compensation of top managers, whose pay is often a fraction of what many of their global peers receive. German chief executive officers rarely get more than €10 million ($11.2 million) annually. Volkswagen AG paid its CEO around €8 million last year, less than half the $22 million Mary Barra made at General Motors Co., even though VW’s sales are almost twice the size of GM’s. And on average, German leaders earn 97 times as much as employees, vs. 312 times as much at the biggest U.S. companies, according to the Economic Policy Institute in Washington. READ MORE
Is Merck & Co., Inc.'s CEO Being Overpaid?
Ken Frazier became the CEO of Merck & Co., Inc. in 2011. First, this article will compare CEO compensation with compensation at other large companies. Next, we'll consider growth that the business demonstrates. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO. READ MORE
Executive compensation excise taxes due soon
Companies that have a private foundation (or are otherwise related to a tax-exempt organization) should take immediate action to determine whether they owe an excise tax under new section 4960 of the Internal Revenue Code. Both publicly-traded and privately-held companies that have executives who serve as officers or employees of a private foundation controlled by the company are at particular risk, even if the executives receive no pay from the private foundation. Excise tax returns reporting liability under section 4960, and payments of any tax, are due by May 15 for calendar year taxpayers (although standard extension rules apply). https://www.jdsupra.com/legalnews/executive-compensation-excise-taxes-due-31915/
CEO and Senior Executive Compensation in Private Companies 2018-19
Chief Executive Research surveyed 1,631 companies in April thru June of 2018 about their fiscal 2017 and 2018 compensation levels and practices. Detailed data from this survey is analyzed and presented in our acclaimed annual CEO & Senior Executive Compensation Report for Private Companies. READ MORE
US workers' compensation rose moderately in 1st quarter
Wages and benefits for U.S. workers rose 0.7% in the first three months of the year, a modest gain that matched the previous quarter's increase. READ MORE
Stock-based compensation: Back to basics
Many companies find stock-based compensation is a great way to attract and retain key employees. Over the past year, many employers focused primarily on changes from the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97. Now that the TCJA dust has settled a bit, it may be a good time for employers to go back to basics and review some important but complex tax rules involving compensatory transfers of employer stock. This discussion summarizes some fundamental income tax considerations for employers related to stock-based compensation under U.S. federal income tax laws. READ MORE
Amazon is the latest retailer to brag about worker compensation
Jeff Bezos’ challenge to other retailers to match Amazon’s $15 minimum wage is just the latest boast from a high-profile company about improving worker compensation as federal lawmakers make little progress. READ MORE
City weighs new corporate tax on stock compensation as tech companies prepare to go public
San Francisco voters may have the chance in November to boost the tax on stock compensation under a proposal announced Wednesday by Supervisor Gordon Mar to target tech companies going public. READ MORE
How Nonqualified Deferred Compensation (NQDC) Plans Work
A nonqualified deferred compensation (NQDC) plan is an arrangement that an employer and employee agree to where the employer accepts to pay the employee sometime in the future. Executives often utilize NQDC plans to defer income taxes on their earnings. They differ drastically from qualified plans, like 401(k)s. As you explore how NQDC plans work and how they compare to qualified ones, you may also consider finding a financial advisor who can give you hands-on attention throughout the process. READ MORE
New Excise Tax on Nonprofit Compensation Casts Wide Net
The sweeping 2017 federal tax law known as the Tax Cuts and Jobs Act added a number of nonprofit-organization-specific provisions to the tax code, including a new 21% excise tax on certain compensation paid by nonprofit organizations. While this provision is focused on nonprofit executive compensation of more than $1 million, its scope is much broader than may first appear. READ MORE
Majority of Directors Say CEO Compensation Should Include Diversity and Inclusion Metrics
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
