Employee Compensation

Stock-based bonuses may yield big windfalls

Even as Washington tries to rein in Wall Street pay, bankers are likely to make unusually large gains on the stock grants and options they got after shares in their companies fell sharply in the financial meltdown. As banks cut...

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RTD determined to tighten next general manager's compensation and benefits deal

By Jeffrey Leib The Denver Post RTD directors are adamant that compensation for the agency's next general manager will not match the rich pay and benefit package of former GM Cal Marsella. "Everyone knows Cal had a package that...

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UCSC pay lowest in system

SANTA CRUZ — Although 25 administrators and professors at UC-Santa Cruz earned $200,000 or more in 2008, the campus has the lowest faculty salaries of all nine of the University of California's undergraduate campuses, according...

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Boeing fallout to take time

It wasn’t much of a surprise when The Boeing Co. announced 10 days ago that it would build a second production line for the 787 Dreamliner in South Carolina. But it was a shock nonetheless to the Northwest’s collective psyche.

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Feds probe charge workers underpaid at East Harlem construction sites funded with stimulus money

BY Brian Kates DAILY NEWS STAFF WRITER Sunday, November 8th 2009, 4:00 AM The nation's first housing development to start construction with federal stimulus money is under investigation for cheating workers out of wages, the...

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Wall Street bonuses could jump up to 40 percent in 2009

NEW YORK – Big bonuses could be back in store for some top executives and traders on Wall Street as profitability returned to the investment banking industry in 2009, according to a new study released last week. Johnson...

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Restore wage cuts Not till upturn is clear, say companies

By Esther Teo & Jonathan Kwok MOST companies which cut or froze staff pay prefer to wait until the strength of the economic recovery becomes clear before they commit to reversing the measures. Property firm Knight Frank is...

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Expat pilots hiring, account for 10% of AI salary bill

Mumbai/New Delhi: Cash-strapped Air India has been spending around 10% of the airline’s total salary bill to pay its team of over 160 foreign pilots and hiring firms. As revealed by the airline in response to an Right To...

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Jobless: 10 percent is tougher than it used to be

In this photo taken Monday, Oct. 19, 2009, Donald Schenk stands on the back porch of his home in Schaumburg, Ill., Schenk has been out of work for over a year. It hurts more to be unemployed now than the last time the jobless...

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Walkom: Recession's next victim will be public sector

The Canadian Auto Workers once set the standard for wages. The first includes those, like the Canadian Auto Workers, that operate in industries where individual firms historically have wielded unusual market power. In this...

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