Compensation

Compensation

Goldman Workers Feel Pinch of Digital Shift

The bank set aside 35% of its revenue for staff compensation and benefits so far this year, the lowest since at least 2009.

Matthew Heller
October 17, 2019
Compensation

Clorox Links Executive Pay to Sustainability

Compensation awards for Clorox's CEO, CFO, and other executives will be tied to meeting environmental, social and governance goals.
Compensation

Performance-Based Pay Comes Under Fire

The Council of Institutional Investors and prominent compensation consultant Farient Advisors both question the wisdom of awarding performance shares.
Compensation

DOL Updates Overtime Rules

An estimated 1.3 million employees could become eligible for overtime pay under the rule.
Compensation

Pay Increases to Remain Flat in 2020: Study

Employers are setting aside more for discretionary bonuses to top performers.
Hiring

How Finance Leaders Can Hire and Keep Talent

Basing career culture on experiences instead of titles and promotions can lower the cost of new hires and help retain valued employees: Gartner.
Compensation

A Creative Way to Reduce Execs’ Taxes on Equity Pay

Law firm promotes a method for corporations to structure restricted stock awards so they are taxed at capital gains rates rather than ordinary income.
Compensation

Are Companies Paying Too Much for New Talent?

Workers want pay raises of 10% to switch employers, but companies are offering them 15% hikes: Gartner report.
Compensation

CBO Gives Mixed Verdict on $15 Minimum Wage

A hike in the minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, the CBO says.
Tax

Tax on Nonprofits Could Snare Companies, Too

A new excise tax on executive pay at tax-exempt entities may also apply to their affiliated for-profit companies, IRS guidance suggests.
Banking & Capital Markets

Sears Owner Seeks to Opt Out of Severance Payments

Eddie Lampert had promised to pay $43 million to former workers.
Compensation

Do Clawbacks Cause as Many Problems as They Prevent?

While penalties for erroneous financial reporting may spur achievement, they also may lead executives to cover up their mistakes, study suggests.
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