Word: compensationitis
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Ever wonder if corporate executives are paid too much? Look at it this way: from 1993 to 2002, the aggregate compensation of the top five executives in all public companies amounted to an astonishing $250 billion, equivalent to 7.5% of all corporate earnings. Defenders of the status quo say that...
The island traces its troubles to protests in 1989 against Bougainville Copper Limited's mine. A local landowner, Ona led others in demands for compensation and tighter environmental controls. The P.N.G. military was brought in to suppress the revolt, and the conflict evolved into a secessionist rebellion that eventually claimed...
In 2002, the Harvard Committee on Employment and Contracting Policies, convened after the sit-in, recommended the implementation of the current Wage and Benefit Parity Policy (WBPP). The parity policy says that the University must “strive to ensure” that contracted custodial, dining and security workers...
But compensation is complicated, and grey areas arise when it comes to wage structure, overtime and vacation pay, benefit eligibility and even established rules for movement from part-time to full-time employment. Add to this mix the fact that Harvard, as a university, has also offered traditional benefits such...
So Harvard began to identify and improve weaknesses in its compensation packages for both groups of workers. The 2004 Annual Report on the Status of Service Employees written by the Office Of Human Resources cites progress in areas ranging from health care benefits to participation in employee training and literacy...