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Compensation

[AIG Bonus] Contracts Are Made To Be Broken — Or Are They?

Written on 18 Mar, 2009 at 6:00

“I expect you to be honest, hard working, and treat the company as if you own it.” – C.V. Starr “AIG’s ongoing efforts to be an outstanding corporate citizen and promote responsible and sustainable business practices are essential to our long-term business... (Continue reading)

(Taxpayer-Financed) Bankers’ Bonuses Redux

Written on 29 Jan, 2009 at 19:52

On January 6, we published a guest post by eFinancial Careers writer Jon Jacobs. In it, Jon argued that it is essential to allow financial institutions to continue paying out bonuses and incentive pay to employees, in part to stave... (Continue reading)

Banking Bonus & Incentive Pay Dilemmas

Written on 6 Jan, 2009 at 6:00

Bonuses for Banking Executives for 2008 Performance? You’re Kidding, Right? — No. The near-collapse of the financial services industry has left our economy reeling and made many taxpayers angry. So why should financial professionals keep receiving bonuses? After all, many other... (Continue reading)

As Ledbetter Fair Pay Act Debate Heats Up, NLRB Reiterates It’s Illegal to Bar Employee Discussion of Compensation

Written on 6 Jun, 2008 at 11:00

In recently discussing the Ledbetter Supreme Court case on the time limits for filing compensation discrimination charges, and Congressional efforts to alter its result, I mentioned, in passing, the NLRB (National Labor Relations Board) position on rules against discussing compensation. Many... (Continue reading)

Is Ledbetter Fair Pay Act Needed?

Written on 5 May, 2008 at 12:00

Last week, in Part 1 of this series, I discussed the Supreme Court's Ledbetter decision and the criticism of it that led to the introduction of corrective legislation in the form of the Fair Pay Act. Today, in Part 2, I'll... (Continue reading)

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