Word: kaye
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...expiration on those grants is near, and the NASDAQ is still at just half its peak level, while the broader Standard & Poor's 500 has barely gotten back to even. Grants made in 2000 alone represent lost value of $150 billion, with virtually no chance of recovery, says Ira Kay, an executive pay consultant at Watson Wyatt...
...most interesting about this saga, though, is that after stock prices tumbled from 2000 to 2002 and another bull market was calving, broad-based stock-option plans began to fade. Some 8 million workers received grants in 2000; the number dropped to 3 million by last year, Kay says. The total value of grants has slipped by a third, says the NCEO...
...have returned to the old days of granting options, or restricted stock, only to big shots and stars. The NCEO estimates that the number of companies with broad-based plans has dropped to 3,000, from a peak of 4,000 a few years ago. As a result, says Kay, "morale problems are stewing." He warns that line workers understand the value of options when they are granted while the market is low. "They'll see this as a pay cut," he says, and it will infuriate them when CEOs start ringing the register again...
...nothing else, says Kay, take solace in companies' willingness to expand their work-life-balance benefits, which is the newest thing in keeping an aging workforce happy. Unlike stock options, benefits such as flextime, telecommuting and concierge services are a sure thing...
...sketch the plot of Married Life is to make the movie seem more provocative than it turns out to be. Drab, middle-age Harry (Chris Cooper) confides to his spiffy friend Richard (Pierce Brosnan) that he's fallen in love with young, blond Kay (Rachel McAdams). The inconvenience is Harry's wife Pat (Patricia Clarkson); he still cares for the old girl, and it would kill her to see her hurt. So he'll have to kill her. That's the recipe for a fine thriller, of old or new fashion, and the attractive cast has their hooks...