Tag:
Compensation Practices
Latest Headlines
Latest Headlines
Is your company ready for 'say-on-pay' votes?
"We do believe that the day of reckoning has come for overpaid executives." So says one critic of execution compensation practices. But has that day really come? We'll soon find out.
By the time annual meeting season gets underway, companies will have already devoted a lot of energy and time t
Modest proposal: How to reign in moral hazard
Dodd-Frank fixes more than a few problems in the financial services industry. But the debate will rage for some time about whether it has fixed the problem of too-big-to-fail and moral hazard. One could easily argue that unless compensation practices are reigned in, banks will always be tempted to
Have the new pay practices gone far enough?
Humility and new pay policies are in vogue right now. Banks are striking a humble tone as they re-write their compensation practices in light of the TARP bailouts and the recent crisis. We're hearing a lot about rights that cannot be cashed out for five years, clawbacks and more stock as part of b
Fed gets pay offensive in gear
The Federal Reserve Board summoned the CEO of 28 top banks and gave them Feb. 1 deadline for submitting proposals about how they intend to better their pay practices, which have been excoriated as of late. William Dudley, president of the New York Fed, called the industry big-wigs to an extrao
Pay czar decisions coming
Kenneth Feinberg, the pay czar, has caused lots of consternation on Wall Street. People fear he's out to gut their compensation. He will soon start revealing some decisions about pay packages, Reuters reports.
He's now trying to tamp down any undue fears. He is making clear that he's not i
Goldman Sachs faces probe
No one should be surprised that Goldman Sachs has been asked by regulators for information regarding its compensation practices and its derivatives practices. Chances are that all banks have been asked for similar information. Goldman Sachs' said it is cooperating with regulators, which were not s
How will the McDonald's whistleblower fare?
A big question in the President Obama era is whether whistleblowers will fare any better. They certainly fared poorly under the old regime. We'll have to wait and see if and how OSHA changes their
