Executive Careers

 

Executive Compensation

Look at Executive Compensation

The highest paid senior executive jobs and top management positions are usually paid more than six times those, which are the lowest paying employee.
 
According to a report from the Institute for Policy Studies, the ratio of standard executive compensation to employee income increased from 301:1 in 2003 to 431:1 in 2004. If the minimum wage had risen as speedily as executive wages have since 1990, it would stand at $23.03 an hour rather than $5.15. The statement concludes that executives for military contractors profiting from the Iraq conflict are experiencing highest salary increases.

However, we need to remember that such professional and executive positions are salaried and do not have laws about working hours. Executive search firms search for executive positions from $125,000 to $1 million +. Competition for such highly paid jobs is hard.

New Nonprofit Executive Compensation Database

Because of the increased governmental regulation of executive compensation, nonprofits need to be able to document the compensation comparability data that they rely upon when determining executive compensation. As a result, a new database that provides a thorough list of executive compensation for nonprofit organizations has been introduced.
 
The Internal Revenue Service (IRS) has been aggressively making thousands of "compliance checks" of tax-exempt organizations regarding the procedures used to determine executive compensation. The breadth of information now sought by IRS agents is remarkable.
 
Agents are seeking detailed evidence of informed decision-making regarding how and when board members acquired and utilized executive compensation comparability data. IRS agents are even instructed to seek evidence regarding the variance between the compensation paid and the compensation comparability data relied upon.

At the request of the IRS, to assist in analyzing issues relating to excessive compensation within 501(c)(3) organizations and to satisfy the needs of compensation consultants and board committees, Money-making Research Institute (ERI) created the Compensation Comparables Assessor™ (CA+) software.

CA+ contains advanced search features that are particularly valuable to federal and state regulators, as well as information that compensation consultants, nonprofit executives and nonprofit board members can benefit from. CA+ provides subscribers with the ability to analyze the entire universe of Form 990 executive compensation data for selected periods. CA+ is a user-friendly software program. The user simply selects a position, NTEE code, organization size and geographic area in order to analyze peer groups.

executive compensation


Cisco Board Announces Advisory Vote on Executive Compensation
MarketWatch (press release)
... its board of directors will offer a shareholder advisory vote on executive compensation during its next annual meeting scheduled for November 18, 2010. ...

and more »

CPI Financial


The Age

Oracle's Ellison: Pay King
Wall Street Journal
... a law professor at Harvard University and co-author of a 2004 book, "Pay Without Performance: The Unfulfilled Promise of Executive Compensation. ...
Cha-ching: Oracle boss earns $1.8bnMoneyweb (blog)
Larry Ellison highest-paid CEO of public firmSan Francisco Chronicle
Oracle chief Ellison tops compensation list, IAC's Diller is twoThe Hill (blog)
InformationWeek (blog)
all 110 news articles »

Shearman Sterling LLP > Financial Reform Act Brings Significant Executive ...
Linex Legal (registration)
Financial Reform Act Brings Significant Executive Compensation Change The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Reform ...


Washington Post

US pay czar to rap 17 companies over executive compensation
Vancouver Sun
Kenneth Feinberg, the Obama administration's special master on executive compensation, will cite 17 bailed-out companies for making unwarranted or ...
Wall Street Exhales After Sidestepping Pay Czar's WrathWall Street Journal
Feinberg Says Firms Should Adjust Pay for `Crisis': VideoBloomberg
US Banks Criticized For Paying Lavish CompensationVoice of America
Sydney Morning Herald -MarketWatch -Washington Post
all 1,381 news articles »

Chiefs' compensation
Washington Post
Here is where BP chief executive Tony Hayward's executive compensation stands among that of other top US and European oil executives.


Westporter addresses executive compensation changes under new law
Minuteman News Center
Westport resident Stewart Reifler recently spoke at several conferences regarding changes to executive compensation that will be required by financial ...