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Showing posts with label Salary. Show all posts
Showing posts with label Salary. Show all posts
Goldman Sachs sets aside $12bn to pay staff in 2011 | Business | The Guardian
Goldman Sachs sets aside $12bn to pay staff in 2011 | Business | The Guardian: "The Wall Street investment bank reported full year revenue of $28.8bn – down 26% – while earnings almost halved to $4.4bn"
Auto workers' pay agreement signals new reality for industry | Business | guardian.co.uk
Auto workers' pay agreement signals new reality for industry | Business | guardian.co.uk: "Most of Ford and General Motors' factory workers will get profit-sharing cheques and bonuses instead of annual pay rises"
Are the CEOs on a pay freeze as well? Ford Pays Mulally $26.5 Million for 2010 After Turning Around Automaker - Bloomberg:"GM Chief Executive Officer Dan Akerson was given a $9 million compensation package when he took the job, the company said in a Sept. 10 regulatory filing. Akerson, whose pay is subject to federal review, receives $1.7 million in annual salary, $5.3 million in stock that pays out over three years, and $2 million in restricted stock, the company said."
Shrinking corporate officer pay | David Cay Johnston
Shrinking corporate officer pay | David Cay Johnston: "As a group, corporate officers — executives with broad authority to act on the company’s behalf, not just follow orders from the CEO or some other boss — are making less, not more, my analysis of newly available tax data shows.
This is in sharp contrast with the thoroughly documented excesses at the very top revealed through analysis of disclosures to shareholders. The new tax data includes CEOs, but the few score of wildly overpaid ones at the biggest companies become statistically insignificant within the universe of nearly a million corporate officers covered in the new tax data."
This is in sharp contrast with the thoroughly documented excesses at the very top revealed through analysis of disclosures to shareholders. The new tax data includes CEOs, but the few score of wildly overpaid ones at the biggest companies become statistically insignificant within the universe of nearly a million corporate officers covered in the new tax data."
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