The American condition, no matter how one measures it, inevitably comes back to jobs and wages. Wage inequality, whether between men and women, or African-Americans and whites, is a real concern. READ MORE
Pay and performance management in the age of COVID-19
As COVID-19’s impact on the market and workplaces lingers on, companies are facing a range of unprecedented questions. Among them: What should we do with performance management? And should performance link to pay for this year? READ MORE
COVID-19 and Executive Pay
COVID-19 has caused many illnesses and deaths worldwide. It also has caused significant economic loss for many business enterprises and this may impact, in turn, on the compensation those enterprises pay their executives. Today’s column discusses the impact COVID-19 may have on executive compensation. READ MORE
Elon Musk, Tesla board sued over alleged excessive compensation
Study finds salary history bans boost pay for African-Americans, women
As many companies across the U.S. explore ways to promote more racial equality in hiring, new research suggests banning salary history questions for job applicants provides considerable benefits for African-Americans and women. READ MORE
S.F. officials seek to tax "overpaid" execs and stock compensation
San Francisco’s board of supervisors has proposed November ballot measures that would tax companies that grant stock to their employees and those who pay top execs more than 100 times their median salary. READ MORE
Tesla’s board chair faces opposition from proxy advisers
Institutional Shareholder Services Inc. and Glass Lewis, the two largest independent services meant to advise investors on crucial shareholder votes, have come out against the reelection of Tesla Inc.’s board chair on concerns about executive compensation and board independence. READ MORE
Trump says infrastructure bill should slash salary of highest-paid federal worker
President Trump on Wednesday referred to as on Congress to slash the salary of the top-paid federal worker, Jeff Lyash, who earned $8.1 million final 12 months as president of the Tennessee Valley Authority. READ MORE
Wells Fargo ties progress on diversity to executive pay
Wells Fargo CEO Charlie Scharf announced Tuesday that the bank’s progress on diverse hiring goals will directly impact executive compensation decisions, as he laid out a series of internal changes to improve the experience of Black employees at the bank. READ MORE
Target raising its minimum wage to $15 an hour, giving frontline workers $200 coronavirus bonus
Target said Wednesday that it is raising its minimum wage for U.S. hourly workers to $15 beginning July 5. READ MORE
Millennials who tripled their salaries in 10 years share their best advice for getting a raise
Before launching their blog and business in 2017, Julien and Kiersten Saunders worked in marketing for a hospitality company. The Atlanta-based couple, who met at work in 2012, recently left their jobs (Julien in June 2018 and Kiersten in April 2020) to focus on building out their website, Rich & Regular, and pursue more entrepreneurial careers. READ MORE
The work-from-anywhere era changes everything about compensation
Companies that say they’ll let people work where they want have yet to figure out what that means for pay. Here are the questions that need answering. READ MORE
Mark Cuban Tells CEOs to Examine Compensation, or Get ‘Crushed’
Dallas Mavericks owner Mark Cuban took to Twitter on Friday to warn CEOs that their companies may get “crushed” if executive compensation and reward structures are not re-evaluated. READ MORE
Suit aims to void limits on athletes' compensation
Attorneys filed a lawsuit against the NCAA in federal court Monday that seeks to prevent the association from limiting the amount of money athletes can make off their names, images and likenesses. READ MORE
CFOs’ Lower Bonuses Cut Into Compensation Growth
Growth in CFOs' total compensation was off nearly three percentage points last year. READ MORE
IRS Releases Proposed Regulations on Executive Compensation for Tax-Exempt Organizations
The Internal Revenue Service and US Department of the Treasury have released proposed regulations governing the excise tax imposed by Internal Revenue Code Section 4960 on certain executive compensation paid to employees of tax-exempt organizations. These proposed regulations address several important questions about the applicability of Section 4960, including the treatment of employees of a taxable company who serve as officers or other volunteers of a related exempt organization, and the treatment of Section 457(f) plans. READ MORE
Hate the stock-compensation game
A move to offset losses on stock awards says a lot about how companies take care of some while leaving others to fend for themselves. READ MORE
24 Programming Languages That Pay Top Salaries
Which programming languages pay the most? That’s a key question for many developers. Stack Overflow’s latest developer survey suggests that, in the United States, developers who predominantly use Scala, Go, and Objective-C tend to have the biggest paychecks; Kotlin, Perl, and Ruby developers are also handsomely compensated. READ MORE
Low-wage essential workers get less protection against coronavirus – and less information about how it spreads
Low-wage essential workers are more likely to face dangerous working conditions and food insecurity than high-wage workers, even more so during the COVID-19 pandemic. READ MORE
Executive Compensation: Moving Forward in a COVID-19 World
Employers reacted in a variety of ways to cope with the unprecedented financial impact of COVID-19. Many of the initial executive compensation responses were designed as cost-cutting measures that would ease cash flow burdens and provide flexibility in uncertain times. Now, as the “new normal” American workplace begins to take shape, employers must begin to shift their focus to whether their current executive compensation practices are designed with sufficient incentives to retain key employees and to spur recovery and sustained growth. This post reviews the range of cost-cutting measures companies have enacted over the past few months, and provides guidance on executive compensation issues employers should consider as they move forward in a COVID-19 world. READ MORE