executive compensation

Will Ford Refuse To Share Profits With Its Workers After Paying Its CEO $26 Million?

Leave a Comment / Uncategorized / By max cyril

The United Auto Workers and General Motors are close to finalizing a new contract, following the first contract negotiations to take place between the two since GM was rescued by the Obama administration. But the UAW is still working on a deal with Ford, the only one of Detroit’s big three companies to turn down government …

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Do You Care How Much the Boss Makes?

Leave a Comment / executive pay / By max cyril

There is a bill currently in Congress that would require companies to provide a simple comparison of what the CEO earns and how this compares to the pay of average employees. Sounds simple, right. No this is controversial stuff. Some Republicans in Congress call the comparison between the chief executive’s pay and everyone else in …

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2011 PayWatch: Average CEO Salary–$11.4 Million

Leave a Comment / executive pay, whistleblower / By max cyril

While 25 million unemployed and underemployed U.S. workers are drowning, CEO pay skyrocketed by 23 percent, for an average salary of $11.4 million in 2010, according to the AFL-CIO Executive PayWatch. Released today, data compiled at PayWatch also show CEOs have done little to create badly-needed jobs, instead sitting on a record $1.93 trillion in …

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Time For More Executive Hard Time?

Leave a Comment / benefits, bonuses, CEO Performance, executive pay, financial reform / By max cyril

Angelo Mozilo, co-founder of Countrywide Financial, a.k.a. No-Income-is-too-Small-For-Us-to-Give-You-a-Mortgage, agreed to pay $67.5 million dollars to avoid a federal civil fraud suit about to go to trial. I know what you’re thinking, let’s hold a bake sale for Angelo. He clearly must be hurting. But chances are slim that you’ll see him at any soup kitchen, …

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Unfinished business of executive pay reform

Leave a Comment / executive pay / By max cyril

Most analysts of the high-finance meltdown that ushered in the Great Recession have concluded that excessive compensation was a key causal factor. Outrageously high rewards gave executives an incentive to behave outrageously, to take the sorts of reckless risks that would eventually endanger our entire economy. Our nation’s leading political players have sought, sometimes with …

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Shareholders Move to Curb Extravagant Pay for WellPoint CEO

Leave a Comment / CEO Performance / By max cyril

William H.T. Bush – a WellPoint board member and President George H.W. Bush’s younger brother — collapsed at the annual shareholder meeting the other day, just as the health insurer’s CEO, Angela Braly, was trying to explain to angry shareholders why profits are up but the company’s reputation is in the tank. Thankfully, Bush improved …

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Bringing Overpaid Executives to Heel

Leave a Comment / equal pay, executive pay / By max cyril

A recent Time magazine poll found that 71% of Americans who responded want the government to place limits on the executive compensation at firms that received bailout money. Yet accomplishing this task selectively is impossible to do. The government did appoint a czar of executive compensation for these corporations, but he approved a $7-million salary/$3.5-million …

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Why Organizations Are Getting Worse and Worse

Leave a Comment / Workplace Conditions / By max cyril

I’ve averaged 35 speeches a year for the last ten years. Most of my audiences have been comprised of executives. And if there is an overriding concern that they’ve voiced to me during these presentations it’s that employees aren’t as loyal as they used to be. The executives give lots of reasons for this decline …

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Rule of Law Makes a Comeback

Leave a Comment / executive pay / By max cyril

Remember when President Reagan was shot and Al Haig famously burst into the White House and said that he was in charge? Okay, it might not have been as over the top as Howard Dean’s scream, but Haig did become the poster boy for an “Era of Executive Testosterone Overload.” An era that seems to …

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Not CEO Compensation, CEO Termination

Leave a Comment / economy / By max cyril

What will it take for me to invest in the stock market, as you suggested that I should, Mr. President? I know the market is cheap and will eventually rally, but there is just one itty-bitty problem. I don’t trust the leadership of any organization that has received TARP funds or any other taxpayer money. …

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executive compensation

Will Ford Refuse To Share Profits With Its Workers After Paying Its CEO $26 Million?

Do You Care How Much the Boss Makes?

2011 PayWatch: Average CEO Salary–$11.4 Million

Time For More Executive Hard Time?

Unfinished business of executive pay reform

Shareholders Move to Curb Extravagant Pay for WellPoint CEO

Bringing Overpaid Executives to Heel

Why Organizations Are Getting Worse and Worse

Rule of Law Makes a Comeback

Not CEO Compensation, CEO Termination

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Madeline Messa