Many industry professionals are optimistic that their 2013 compensation will be higher than last year’s pay. That is according to the results of an Ignites poll that also found nearly 40% of participants predict they will earn about the same amount this year as last year. Roughly 36%, or 156 voters, expect their total 2013 pay…
Wall Street bonuses and staff levels are expected to rise this year as trading and deal-making activity pick up, according to a closely watched report released on Friday by a compensation consulting firm. Johnson Associates predicts that senior bank executives will receive bonus increases of 5 percent to 15 percent, with investment bankers getting the biggest…
Corporate governance experts believe Wal-Mart Stores’ recent decision to tie executive bonuses to compliance objectives could be a bellwether for how other large, multinational companies hold management accountable should their firms run afoul of certain regulations. The retail giant has undergone an overhaul of its compliance operations following a federal investigation into bribery allegations in…
Lots of companies talk about making compliance and ethics a priority. Walmart is putting its money where its mouth is. The retail giant announced last month that it will soon begin basing a portion of compensation for top executives, including CEO Michael Duke, on the company’s ability to meet compliance goals. If top executives don’t…
What’s the difference between a media mogul and a chief executive elsewhere in the business world? About $10 million in compensation, give or take. Leaders in other industries may be well paid, but as the accompanying chart shows, they earn far less than their media counterparts. Consider: the top 20 companies in the United States ranked…
As investment consultants and managers launch outsourced CIO (OCIO) services to meet institutions’ demands, consultant relations professionals who woo consultants on behalf of managers have been left with a very different job description. Consultant relations professionals, who once had the sole objective of servicing investment consultants in the hopes of winning business from their institutional…
RELAX. Sit back. And forget, for a moment, those pesky shareholders and bothersome boards, the regulations, the investigations and all the other headaches of being a chief executive today. Dodd-Frank rules? Securities and Exchange Commission lawyers? Leave them behind. And let yourself sink into the buttery leather seat of your corporate jet as it soars…
A proposed European Union cap on managers’ bonuses is likely to hit U.S.-based staff at institutional asset managers, experts say, regardless of whether those managers have E.U. arms. Salaries at asset managers may be subject to greater scrutiny, with compensation deferred over longer periods and fiercer competition for jobs, as E.U. asset manager staff flee…
2012 Compensation and Improving yet Cloudy 2013 March 2013 READ PRESENTATION
The European Union appears well on its way implementing strict caps on banker bonuses, with finance chiefs for 26 of the 27 EU nations backing the proposed rules. The caps have ruffled many a feather on both sides of the pond, as the rules also apply to Americans working for EU banks as well as…