NCAA President Mark Emmert spoke for 20 minutes Thursday in a crowded ballroom at the Anaheim Convention Center, two huge video boards on either side of the stage showing his image so the folks way in the back could see. READ MORE
Rep. Stokesbary revives effort to allow college athletes to receive fair compensation
Rep. Drew Stokesbary, R-Auburn, is reviving his effort to allow college athletes to receive fair compensation for the use of their name, image and likeness. READ MORE
JPMorgan CEO Jamie Dimon’s Compensation Rises to $31.5 Million
The pay includes $6.5 million in cash, including salary and bonus, and $25 million in stock grants that would be earned over the coming years, depending on the bank’s performance. READ MORE
Everything you need to know about the government's new stock option taxation rules
Last week, the federal government introduced draft legislation that proposes to limit the preferential tax treatment associated with certain employee stock options. The new rules, originally introduced in the March 2019 federal budget, fulfill a 2015 Liberal party election platform promise to limit the benefits of the stock option deduction by placing a cap on how much can be claimed. At the time, the Liberals quoted a Department of Finance estimate which found that 8,000 “very high-income Canadians deduct an average of $400,000 from their taxable incomes via stock options.” READ MORE
Women CEOs outearn male top execs, according to a new study
There is at least one place where women are earning more than men: the C-Suite. READ MORE
4 possible red flags in company proxy statements
Corporate proxy statements can be very rich sources of information, the kind of information that could benefit investors — if they know what to look for. READ MORE
Benefits of Deferred Compensation Plans
A deferred compensation plan withholds a portion of an employee’s pay until a specified date, usually retirement. The lump sum owed to an employee in this type of plan is paid out on that date. Examples of deferred compensation plans include pensions, retirement plans, and employee stock options. READ MORE
Global Compensation Considerations
As companies continue to expand internationally, increasing market share, growing profits and developing low-cost production centers have become leading corporate goals. The need for a long-term vision on a global strategy has never been more important — and developing a smart compensation plan to support that strategy is a central component of corporate success. READ MORE
Why Is it so Hard to Get Sales Incentive Plans Right?
Stating the obvious, nobody wants to get sales incentive plans wrong. The stakes are clear, with the upside directly linked to the top line. We’re pretty sure that the challenge isn’t lack of desire. We’re also equally sure that the challenge isn’t lack of resources or opinion, reflecting upon the many standing-room-only sales incentive meetings we’ve facilitated. READ MORE
Corporate boards and self dealing lead to outrageous CEO pay
No one should blame CEOs for demanding obscene pay packages, they have evolved, like all creatures, to seek maximum calories from the least amount of effort. READ MORE
Are Wages Rising or Flat?
To hear politicians tell it, wages are rising at the fastest rate in a decade, are the same as they were 45 years ago and are at a 60-year low. And all three claims could be correct, depending on what measure is used to justify it. READ MORE
Minimum wage hasn't been raised for the longest time in history
June 16 marked the 12th year that Congress hadn’t raised the federal minimum wage, the longest amount of time the minimum wage has remained unchanged since it was first established in 1938. The last time the U.S. government raised the minimum wage was in May 2007 — that decision increased wages to $7.25 an hour starting July 24, 2009. READ MORE
Where the 2020 candidates stand on raising the federal minimum wage
The idea of a $15 federal minimum wage is no longer a fantasy. The vast majority of 2020 candidates running for the Democratic presidential nomination have now endorsed it. READ MORE
The States That Pay the Highest Minimum Wage
What did you do in the summer of 2009? America's national minimum wage did something it hasn't done again: It went up, to $7.25 an hour. The 10 years without an increase is the longest since the federal minimum wage was introduced after the Great Depression. READ MORE
Jamie Dimon backs minimum wage hike: ‘We’ve got to give people more of a living wage’
The chief executive of the largest bank in the U.S. is fed up with the low pay received by many Americans. JPMorgan Chase (JPM) CEO Jamie Dimon, who has received criticism for the rate of entry-level pay at his bank, said in a new interview he’s “generally” in favor of minumum wages going up. READ MORE
Elon Musk got 'paid' $2.3 billion last year but actually earned $0, and this shows how complicated CEO compensation has become
How much a corporation's chief executive makes in a single year seems like a simple question, but specifying what top executives truly make (and when) is a surprisingly difficult task. READ MORE
Delaware Court Of Chancery Reaffirms Entire Fairness Standard In Director Compensation
On May 31, 2019, in Stein v. Blankfein, et. al., the Delaware Court of Chancery reaffirmed the Delaware Supreme Court’s holding in In re: Investors Bancorp, Inc. Stockholder Litigation (more information here) that the “entire fairness” standard applies with regard to director approval of director compensation. The Stein case builds on the precedent set in Investors Bancorp and provides additional insights. READ MORE
Strategies for Protecting Compensation and Careers
In the not so distant past, it was not uncommon for successful executives and professionals to spend decades, if not their entire career, with one organization. Increasingly, however, that is not the case. These days, many executives, at one point or another, see their career, compensation, and reputation jeopardized amid allegations of wrongdoing – whether based upon individual performance, overall business performance, or allegations of misconduct. READ MORE
Netflix Shareholders Say No to Executive Salaries, Stock Options
Netflix shareholders aren’t okay with the amount of money the company is spending on its senior executives: A slim majority of shareholders voted down the company’s executive officer compensation plan at its most recent shareholder meeting last week, Netflix revealed in a regulatory filing Wednesday. READ MORE
Deferred Compensation and Your Business
Insurance can be a tedious subject, especially when it deals with more complex issues like deferred compensation plans (often funded with different types of life insurance) for select employees. READ MORE