Word: compensationitis
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She added that the HAA would try to offer an additional senior class event as compensation. [SEE CORRECTION BELOW]
A hallmark of capitalism, before the government got involved in what car company and bank executives were to be paid, was that employees could make as much as management felt they were due based on their contributions to the firms where they worked. The best salesman at a company could...
In addition to receiving $5.2 million in compensation from hedge fund D.E. Shaw and $2.7 million in speaking fees, former Harvard President and professor Lawrence H. Summers also received nearly $600,000 in salary from the University this past year—only slightly less than what he was earning...
One populist issue addressed may make the meeting an easier sell for the participants back home: executive pay. The leaders accepted a series of recommendations by their finance experts that would lead to sharper oversight of compensation and bonuses and tie them more specifically to long-term performance. In other...
There are virtually no safety nets for migrants caught in this mire, nor international regulatory regimes to oversee their recruitment and fair compensation. The cash-strapped governments of countries like Bangladesh, Nepal and the Philippines are struggling to come up with solutions for their expatriate workers. For example, The Philippines...