Word: paychecks
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Corporate-governance watchdogs applaud the new disclosure, but they are still amazed by the numbers. "That's a phenomenal sum for a regulator," says Charles Elson of the University of Delaware's Center for Corporate Governance. The N.Y.S.E.'s compensation committee, however, doesn't compare Grasso's paycheck to those of regulators. Fink says it looks instead to financial conglomerates and investment banks. Elson says those comparisons don't make sense; unlike a public company, the N.Y.S.E. has no stock to rise or fall with Grasso's performance...
When the University payroll system converted to Peoplesoft last October, Touborg said, the pay period for paychecks was shifted. Before, each paycheck was generated partly on the basis of work that had been done and partly on work that was still to be done...
...October, Hannah E. Wright ’06 had not received a single paycheck for her work as an IM referee...
Elizabeth J. Quinn ’04, who held a work-study job at the Boston Medical Center, received her first paycheck a month late—and it wasn’t even for the correct amount. She was owed more than $400 at one point...
Administrators publicized a hotline for paycheck issues and formed a “SWAT team” of College, Faculty of Arts and Sciences and central administration officials who were dispatched to deal with individual cases...