What’s the salary of a chief security officer?

With a challenging job market and an ever-present skills gap within the security industry, prospective employees and students determining their career trajectories want to know: “What does the compensation look like?” While salary and compensation won’t prevent burnout or reduce on-the-job stress levels, it’s certainly an important metric within the industry that allows security peers to see where their position lies within the average. It can also be an attractive selling point for recruiting others into the industry. READ MORE

SEC Commissioner Lee Suggests Role for ESG in Executive Pay

SEC Commissioner Alison Herren Lee recently availed herself of the opportunity presented by the re-opening of the comment file on the Dodd-Frank rule "requiring companies to disclose the relationship between executive compensation actually paid and the financial performance of the company" to invite comments opining on "performance metrics related to, for example, climate, diversity, and other company-specific ESG goals." In other words, SEC Commissioner Lee has used her platform at the SEC to provide public support for the notion that executive pay at regulated companies should take into account the implementation of ESG goals. READ MORE

$15/Hour Minimum Wage for Many Federal Contractors to Take Effect

The federal government, led by the U.S. Department of Labor, is moving forward on implementing the provisions of President Biden’s Executive Order 14026, which was signed in April 2021. Most new federal government contracts or contract extensions awarded after January 30, 2022 will require contractors—and subcontractors—to pay their service and construction workers at least $15/hour. READ MORE

How Can Multi-State Employers Manage the Compliance Minefield of Wage Disclosure Laws Nationwide?

Pay equity, or the desire to achieve it, has been a hot topic for employers in the United States in the past several years. Due to a recent increase in legislation in many states and local jurisdictions, pay equity no longer just means ensuring women and other marginalized groups are being paid similar to their male counterparts who are performing similar jobs. READ MORE

Momentum builds for salary transparency

New York City will soon require employers to supply a salary range when they're advertising a position — the biggest step yet in the growing but controversial movement for pay transparency.

Why it matters: Laws like New York's aim to give workers, particularly women and people of color, more power in job negotiations. But the rise in remote work is throwing a wrench into the effort. READ MORE

Insider's editor in chief panned for refusing to reveal his salary after calling for pay transparency

Insider’s global editor-in-chief Nicholas Carlson is on a mission to "demystify people's salaries," as long as it isn't his own, it seems.

Carlson announced on Tuesday that Insider would be launching a new initiative focusing on pay transparency with a "series that demystifies people’s salaries," and encouraged his Twitter followers to support the effort by submitting their salary histories. READ MORE

12 Case Studies of Companies that Revised How They Compensate Employees

Higher compensation is part of the ransom for dealing with the pandemic for most American companies and industries. So salaries, wages, benefits and perks will cost them more—perhaps a lot more—in the year ahead.

The way CEOs and CHROs can make sure the Great Raise works to their companies' advantage is to be proactive, creative and equitable about it. Yet they also must weigh strategically the demands of the moment with their long-term compensation strategy. READ MORE

Public Market Tumult Likely Will Make Its Way To Venture—But It May Take A While

The news of tech stocks tumbling and crypto declines has been hard to avoid.

This week has added to what has become a bad start to 2022 for many public tech companies. The decline—brought about by rising inflation and global tension—has affected the share prices of everything ranging from tech stalwarts like Microsoft and Google, to much younger, sexier names like Zoom, Tesla and Peloton. Thus far this year, the Dow Jones Industrial Average is down about 5 percent and the Nasdaq Composite, a good indicator of tech prices, is down more than 12 percent. READ MORE