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News & Information

News and Information

April 30, 2015 SEC proposes rules linking executive compensation with performance

Source: Journal of Accountancy

New rules proposed by a divided SEC on Wednesday would require public companies to disclose the relationship between executive compensation and the company’s financial performance

April 29, 2015 We Thought Our Pay Would Be Higher, Wall Streeters Say in Poll

Source: Bloomberg

Asked whether they earn more or less than they expected when they decided to pursue a finance career, 48 percent of respondents in the Bloomberg Markets Global Poll say compensation is less or much less than they had hoped for....

April 28, 2015 Why Elizabeth Warren thinks Bill Clinton made CEO pay even worse

Source: Washington Post

As she announced her presidential campaign, former secretary of state Hillary Rodham Clinton criticized executive compensation, suggesting that executives are paid too much at a time when median wages have barely budged. ...

April 24, 2015 Google’s Schmidt, Kordestani Get $130 Million Combined 2014 Pay

Source: Bloomberg

Google Inc.’s Chief Business Officer Omid Kordestani and Executive Chairman Eric Schmidt joined the Bloomberg Pay Index after being awarded almost $130 million in 2014.

April 22, 2015 Caterpillar’s CEO Just Got A Big Raise, And It Explains What’s Wrong With American Capitalism

Source: Think Progress

Heavy machinery manufacturer Caterpillar gave its CEO a 14 percent raise last year, in a $17.1 million package of cash, stock, and other compensation that is hard to justify in light of the famed brand’s actual performance.

April 20, 2015 HSBC to face investors' anger over scandals and bumper executive payouts

Daily Mail - Ahead of the AGM, corporate governance group îPensions & Investment Research Consultantsî has urged investors to vote against Fairhead's re-election as an independent director after her role in...

April 15, 2015 US CEO pay rose nearly 13% in 2014: ISS

Source: Business Times

US chief executives' median compensation rose nearly 13 per cent in 2014, mainly driven by increases in pension value, according to advisory firm ISS. The median pay for CEOs in the Connecticut area rose the most at 38.7 per...

April 15, 2015 Best boss in America? CEO raises firm's minimum wage to $70k after reading study on happiness

Source: Telegraph

The boss of a technology start-up in Seattle shocked his employees by announcing he was taking a massive pay cut in order to raise the salaries of the firm's lowest-paid staff.

April 14, 2015 Glassdoor: These Are The 15 Highest Paying Companies in America

Source: Bloomberg

If you want a starting, all-in salary of $140,000 or more, you might want to look at these companies, according to a new report from online career community Glassdoor. The list of 15 firms is dominated by the technology,...

April 2, 2015 U.S. says HSBC must do more to improve compliance

Source: Reuters

HSBC Holdings Plc is making progress toward cleaning up its operations, after reaching a $1.92 billion settlement of charges related to money laundering, but has not done enough, the U.S. Department of Justice said on Wednesday.

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