Amazon is recognizing the continued hard work of its employees during the coronavirus pandemic with a special bonus ahead of the holiday season. READ MORE
NRA reports alleged misspending by current and former executives to IRS
After years of denying allegations of lax financial oversight, the National Rifle Association has made a stunning declaration in a new tax filing: Current and former executives used the nonprofit group’s money for personal benefit and enrichment. READ MORE
Study Reveals Employees Place Greater Emphasis on Equity Compensation Amid Pandemic
E*TRADE interviewed 53,512 stock plan participants from September 8–18, 2020, seeking their views on how they engage with, and feel about, their equity compensation. Results show that in this volatile and uncertain year participants across all ages and categories placed higher importance on—and satisfaction with—their stock plan benefits: READ MORE
Glass Lewis’ 2020 Proxy Season Review
Glass Lewis (“GL”) recently issued its 2020 Proxy Season Review (U.S.) (the “Report”) covering the U.S. 2020 Proxy Season (i.e., January 1, 2020 through June 30, 2020). GL reported on certain 2020 shareholder voting trends and results, as well as certain of GL’s voting recommendations. READ MORE
Workers call on Walmart, Amazon and other retailers to bring back hazard pay ahead of holiday rush
Workers at Walmart, Amazon, Kroger and other major retailers are calling on their employers to reinstate hazard pay and strengthen safety protocols ahead of the busy holiday shopping season as coronavirus infection rates skyrocket. READ MORE
How to ask for a raise in the middle of a pandemic
You've been working longer days and increasing your output, taking on more responsibilities, and really stepping up. You've earned a pay raise.
SEC issues proposed rulemaking to give gig workers equity compensation
The Securities and Exchange Commission has issued rules that would allow public and private companies to offer equity compensation to gig workers. READ MORE
Nearly 700 mostly Chicago-area nurses walk off the job
Nearly 700 nursing home workers walked off the job Monday at 11 mostly Chicago-area Infinity Healthcare Management facilities, saying they won't return until the company offers them higher wages and safer working conditions amid the coronavirus pandemic that’s hit nursing homes hard. READ MORE
Amazon’s $3,000 Signing Bonuses Irk Workers Who Got $10 Coupons
Amazon.com Inc. is doling out hiring bonuses as high as $3,000 to make sure it has enough people to squeak through the busy holiday shopping season. That’s stoking resentment among existing workers who recently got coupons for Thanksgiving turkeys as a thank you for their hard work. READ MORE
Rewarding Sales Profits Effectively
Should companies pay salespeople based on profits? Most agree the key measure of sales performance is revenue — what the company gets paid for the sale. Expressed as a sales goal, sales departments link sellers’ pay to “winning” as much revenue as possible. However, not all revenue will prove profitable for the company. READ MORE
Equitable Total Rewards: Driving Resilience and Sustainability
In February 2020, which seems like a century ago, we published an article in The Journal of Total Rewards suggesting that fairness in total rewards goes far beyond pay, and a focus on diversity, equity and inclusion extends to all elements of the portfolio — including pay, benefits, careers and well-being. READ MORE
Why Reddit will pay workers the same salary no matter where they live
More companies have embraced remote work permanently, and that has spurred some employees to relocate to other parts of the country. But moving to a less expensive area can come with a trade-off: a smaller paycheck.
That's not the case at Reddit, though. READ MORE
Making Equity Compensation Plans More Inclusive for Women
Financial wellness solutions and equity compensation programs can play a key role in supporting women’s careers. And by making these plans more inclusive and broad-based, companies can benefit both their employees and their bottom line. Here’s a look at how women’s career paths differ from men’s, and how a well-structured equity compensation program can help women achieve financial wellness while supporting a company’s recruitment and retention efforts. READ MORE
Elon Musk Overtakes Bill Gates to Grab World’s Second-Richest Ranking
Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the world’s second-richest person. READ MORE
No masks? No hazard pay? Amid COVID-19 surge
As they brace for the holiday rush, grocery store and other frontline workers are demanding hazard pay, better cleaning of their workplaces and the mandatory wearing of masks to improve safety amid the spike in coronavirus cases across the country. READ MORE
What Might Be In Store For Executive Compensation During The Biden Presidency
The election is over, the votes have been counted, and the consensus is that Joe Biden – from the Democratic Party ticket – has won the presidency. Control of the House of Representatives will remain with the Democratic Party, and a special election in Georgia will decide the fate of the Senate majority in early January. Even if the Democratic Party does not gain control of the Senate, President-Elect Biden will be keen to push his policies and priorities through Congress once he becomes the 46th President of the United States on January 20, 2021. This includes his tax plan, which calls for numerous changes to the tax system, including changes impacting the taxation of executive compensation. READ MORE
Flee the city, keep your salary? Not so fast say more employers
It sounds like the perfect arbitrage opportunity: Leave your crowded city for a bigger place in the 'burbs, but keep your big city salary.
But now, a new study by global advisory firm Willis Towers Watson shows that many employers aren't necessarily planning to let you keep your full paycheck if you move. READ MORE
Coronavirus derailed 2021 salary plans for many employers, survey says
Other recent research shows that workers are likely aware of the impact the pandemic will have on salaries and salary increases. Fewer workers said they expected an increase this year compared to last year, according to an August Randstad US survey. READ MORE
How the biggest retail companies are compensating essential workers
As the number of new COVID-19 infections smashes daily records, the pandemic has entered its deadliest phase yet. With a dark winter looming, millions of frontline essential retail workers face grave risks to their health, often for very low wages and without the hazard pay they were earning at the start of the pandemic. Meanwhile, the biggest retail companies in the country continue to earn eye-popping profits. READ MORE
British Billionaire Lands $1 Billion Bonus, Then Hires ‘Remuneration’ Expert To Clear Up Governance Issues
Matt Moulding, the muscle-bound, Lamborghini-driving founder of The Hut Group e-commerce empire, best known for protein shakes and its own brand of beauty products, has successfully passed the test he set for himself to award (himself) a massive bonus in the form of stock of The Hut Group, which trades as THG Holdings. READ MORE