Word: compensationitis
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Edward Green, the director of the Harvard AIDS Prevention Research Project and senior research scientist at the Harvard School of Public Health, drew attention last week when he agreed with Pope Benedict XVI’s statement that the answer to the African AIDS crisis lies in the promotion of...
Some firms, such as Los Angeles-based Latham & Watkins and San Francisco-based Orrick, Herrington & Sutcliffe, have offered $75,000 annual compensation packages to incoming associates who defer employment until October 2010 and find alternate work in public-interest law. Other firms, like Morgan Lewis, have told deferred associates they...
But since nearly half of Harvard’s $3.5 billion annual operating budget comes in the form of compensation costs, Longbrake said, “it is increasingly likely that Harvard, like many of our peer institutions and foundations across the country, will have to consider further changes to...
1. Stay one step ahead of the news Geithner caused himself so much grief by not being on top of the bonuses, even though many on his staff and on Capitol Hill knew for months they were coming. Clearly, Geithner is a busy guy, what with managing a collapsing economy...
3. When they've exhausted themselves, speak slowly and calmly about the bigger picture It's key to remind folks, as New York Times columnist David Brooks put it, to focus their attention on the ravenous "tiger ... lunging at your neck" - i.e., the tanking world economy - instead of the "dust...