Word: subjects
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...specific enough as to when pay can be recovered. That, employment lawyers say, can lead to abuse of the policies by the companies. "No question this is going to lead to a lot of litigation," says Michael Deutsch of law firm Singer Deutsch. "Clawbacks are unwieldy and can subject employees to abuse...
...clawback provision only applies to the portion of their employees' compensation that is paid in deferred cash, which for most employees is only about a third of their pay. The other two-thirds of the firm's employees' compensation, paid out in cash and restricted stock, are not subject to the clawback provision. But in limiting the repayment provisions, Morgan Stanley might actually be promoting risky behavior, not limiting it. That's because traders may do whatever they can to boost the now smaller portion of their pay that, barring misconduct, is theirs to keep...
Adding to the uncertainty is the fact that firms have adopted different structures for the clawback provisions. The differences in the plans - including such details as what employees are covered and which specific portions of compensation are subject to clawback - make it tough to know which features are most effective in getting employees to be more careful...
...subject of the leadership of these efforts is an issue that must be addressed. All stakeholders, including members of the Haitian diaspora and aid agencies should have a hand in leveraging experiences and expertise. Perhaps a council should be created by general consensus amongst stakeholders—separate from the Haitian government itself—to administer all things aid-related...
...know a lot about movies, but the one that sticks with me is To Kill a Mockingbird. The subject is amazing, and I was really moved...