Don’t say they didn’t warn you. Barack Obama sponsored it when he was a senator. He campaigned on it, and voiced support for it after winning the presidency.
BT has set the base salary of its executives at rates below the average paid to senior managers at its competitors. But the company says remuneration packages will still deliver significant rewards for top performance.
WASHINGTON The Securities and Exchange Commission is debating proposed rules that would require firms that have received government bailouts to let shareholders vote on executive pay.
Stephen Hester, the chief executive of Royal Bank of Scotland, is to defer part of his controversial £9.6m pay package for an extra two years after bowing to pressure from investors.
When I read last week about Stephen Hester's £9.6m pay packet, I felt a sting of moral outrage. That the chief executive of Royal Bank of Scotland should be earning quite so much struck me as the most grotesquely excessive executive pay deal there has ever been.
The majority of institutional investors failed to challenge the remuneration reports of large financial groups in the run-up to the financial crisis, the Trades Union Congress says today in its annual survey of fund managers.
WASHINGTON The Obama administration is pledging to strike the proper balance in decisions about executive compensation at banks that have received billions of dollars of taxpayer bailout money.
LONDON Shareholders in Royal Bank of Scotland PLC reacted angrily Monday to a prospective pay deal for the new chief executive, which would give Stephen Hester a total of 9.
Hank Greenberg, AIG’s ex-chief executive who was ousted in 2005, faced another tough round of questioning in court on Wednesday as to why a compensation plan that he once promised would be around for hundreds of years was terminated.
After strong growth in recent years, executive compensation at large corporations is the subject of furious criticism, with US President Barack Obama seeking limits on pay of executives in organisations that have accepted government money.
Treasury Secretary Timothy Geithner announced on Wednesday the Obama administration's strong belief in tying executive compensation to long-term company performance.
Federal officials hope to curb excessive executive compensation by controlling the incentives for risk-taking built into pay packages. But experts can't agree on how -- or whether -- pay plans encourage such risks.
WASHINGTON The Obama administration is taking a half-step toward taming U.S. executive pay. Some lawmakers prefer a fuller stride. Democrats on the House Financial Services Committee said Thursday the administration's efforts to hector the private sector into reining in executive pay might not go far enough.
Es ist ein Gesetzentwurf, der es in sich hat: Die EU will durchsetzen, dass Manager künftig nicht mehr durch hohe Gehälter und Boni für exzessive Risiken belohnt werden. Halten sich die Geldhäuser nicht an die neuen Regeln, können die Aufsichtsbehörden Sanktionen verhängen.
Die Bezahlung von Führungskräften in Unternehmen, die der Staat stützt, empört häufig die Bürger. Die US-Börsenaufsicht räumt den Aktionären künftig eine beratende Stimme bei den Gehaltsverhandlungen ein.
Stephen Hester, the chief executive of Royal Bank of Scotland, is to defer part of his controversial £9.6m pay package for an extra two years after bowing to pressure from investors.
von Dieter Fockenbrock Der Bundestag hat am Donnerstag unter anderem die Vergütung von Managern neu geregelt. Zur Stunde treffen sich in Berlin die Mitglieder der Regierungskommission Corporate Governance, die eigentlich eine freiwillige Lösung angepeilt hatten.
Die Koalition sorgt dafür, dass der Staat künftig in die Vorstandsgehälter eingreift. Eine Vortrag auf einer Tagung der Zeitschrift "Der Aufsichtsrat" in Düsseldorf erläuterte die Beschränkungen im Detail - und zeigte, wo die Tücken liegen.
Wirtschaftswoche-Chefreporter Dieter Schnaas über Managergehälter, Boni - und die Frage, warum RWE-Chef Jürgen Großmann im Krisenjahr 2008 rund 444 Prozent mehr verdient als im Vorjahr.
Die meisten Manager und die meisten Banker werden nach Leistung bezahlt. Sie erhalten zusätzlich zum normalen Gehalt einen Bonus, der an das gekoppelt ist, was sie in den vergangenen Monaten erreicht haben.
Milliarden an Staatshilfen für Unternehmen bei gleichzeitig überhöhten Managergehältern – US-Präsident Obama will nun die Einkünfte der 100 bestbezahlten Beschäftigten bestimmter Konzerne überprüfen...
Die Banken gehen pleite, die Manager kassieren ab? Um sich gegen solcherlei Kritik zu wappnen, hat US-Präsident Barack Obama nun einen Beauftragten für Manager-Gehälter ernannt.
The Obama administration outlined its new approach to executive pay Wednesday, with tough restrictions on firms receiving large amounts of government aid, but only suggested guidelines for most other companies.
WASHINGTON Ten of the nation's biggest financial companies got a green light Tuesday to return $68 billion in federal bailout money -- freeing the banks from limits on executive pay and leaving the government with a small gain on the rescue cash.
Die Bundesregierung und die Regierungskommission "Corporate Governance Kodex" liegen überkreuz bei der Reform der Unternehmensführung und Managervergütung: Die Kommission will den unstrittenen Plänen der Regierung nun eigene Vorschläge entgegensetzen.