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Compensation

Tullett Preborn To Help Employees Relocate To Avoid UK Bonus Tax

Posted 05.25.2011 | Business

Tullett Prebon, a London-based inter-dealer broker described as one of the City's biggest trading firms, will help employees relocate to avoid the Uni...

RT @huffbusiness Wall Street Bonuses Vs. Normal Wages: An EXTREMELY Disturbing Chart

Huffington Post | Marcus Baram | Posted 05.25.2011 | Business

It may be hard to believe but there was a time, almost 25 years ago, when Wall Street and Main Street weren't so far apart -- at least when it came to...

The Parable of the Unmerciful Bankers

Jim Wallis | Posted 05.25.2011 | Business
Jim Wallis

It's estimated that the bonus pool of just one of these big banks would have been enough money to prevent or significantly delay foreclosure for all 2.3 million people who lost their homes last year.

Supreme Court To Hear Case About Excessive Pay; Parallels Seen In Executive Compensation

Washington Post | Robert Barnes and Steven Mufson | Posted 05.25.2011 | Business

The Supreme Court this week will hear a case that raises bedrock questions about the ability of the market to set "reasonable" corporate compensation,...

How Green Are Our Bankers

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It's easy to rail at Congress and the Fed and the President and all the bozos past, present and future who don't foresee the bubbles or simply drink too much of them. But what would you do? I'm seriously asking.

Bank Of America CEO Search: Why No One Wants The Job

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Apparently, no one wants to be CEO of the nation's largest bank. The protracted search for a new Bank of America CEO may last until 2010, reports Bloo...

Want Less Risk? Hire More Women!

Dr. Sasha Galbraith | Posted 05.25.2011 | Business
Dr. Sasha Galbraith

The higher the amount of testosterone, the more willing people are to take risks. Women, with considerably less of the male hormone coursing through their bodies, are more risk averse.

Goldman Sachs Traders: Firm's Ethos Fading With Blankfein As CEO

New York Times | JENNY ANDERSON | Posted 05.25.2011 | Home

...Current and former Goldman executives say Mr. Blankfein has built a money machine that, while it still values its customers, culture and reputation...

Pay Czar Kenneth Feinberg Raised Base Pay At Bailed Out Firms

Wall Street Journal | DAVID ENRICH and DEBORAH SOLOMON | Posted 05.25.2011 | Business

Treasury Department pay czar Kenneth Feinberg last week announced sharp cuts in total compensation at the finance and auto companies under his control...

Seeking A Bore

Harry Moroz | Posted 05.25.2011 | Business
Harry Moroz

Obama's proposed fee on bonuses for U.S. bankers allows the administration to boast a scalp from the financial sector even in the absence of real reform.

Banks' 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

The New York Times | LOUISE STORY | Posted 05.25.2011 | Business

Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...

Executive Compensation Essentially Unchanged From Last Year Despite Stock Performance

CNN Money | Posted 05.25.2011 | Business

Compensation for top executives at many of the nation's largest publicly traded firms was essentially unchanged last year, even as the stock market pl...

Reinventing The Compensation Wheel: Frustrated That Some People Make More Than You?

Julia Moulden | Posted 11.17.2011 | Healthy Living
Julia Moulden

It's no secret that some people earn more than others, but the gap is huge, and getting bigger every year. There have been some cool innovations designed to try to address this imbalance, but none have caught on in a big way. And now a couple of clever guys from Silicon Valley may just have reinvented the compensation wheel.

The Dimming of Star Power in Hollywood

John Farr | Posted 05.25.2011 | Entertainment
John Farr

Could it be that Denzel and Julia no longer merit guaranteed twenty million dollar paydays with every picture? And if so, what precisely has happened?

Tips on Parenting from the Dad of a 'Stupid Kid'

Christina Patterson | Posted 11.17.2011 | Healthy Living
Christina Patterson

Middle-class parents somehow believe that the web of neurotic over-protection that they weave around little Ella or Sam should extend seamlessly to every object, or person, they meet.

Goldman, J.P. Morgan and Wall St.'s Original Sin

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

What is the origin of Wall Street's sin? And, just as importantly, who or what is responsible?

Love Your Neighbor, Love the Earth

Jim Wallis | Posted 05.25.2011 | Green
Jim Wallis

We cannot claim to care for the poor while we turn our backs on our role in the destruction of the most basic resources our neighbors need for survival.

Non Sequitur

Norman Horowitz | Posted 05.25.2011 | Politics
Norman Horowitz

I am a "non sequitor" specialist. I do infer improper conclusions that do not logically follow the premise of whatever. That great American Rush Li...

Arthur Delaney

Goldman Sachs Compensation Up 18 Percent In 2009

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Goldman Sachs made big headlines with its surprisingly positive earnings report for the first quarter of 2009. The banking giant reported a net earnin...

More Troops Alone Will Not Win Back Afghans' Confidence

Erica Gaston | Posted 05.25.2011 | World
Erica Gaston

For a true strategic rethink, we'll have to do more than dust up around the margins. More troops alone will not win back Afghans' trust.

Salt in the Wound: The Case for Compensation

Erica Gaston | Posted 05.25.2011 | World
Erica Gaston

While troops say they have an "open door" to Afghan civilians, Afghans find that door is barricaded by barbed wire and heavily armed, hostile men.

Firms Taking Bailout Money Defend Retention Pay For Top Brokers

Washington Post | Tomoeh Murakami Tse | Posted 05.25.2011 | Chicago

Handsome pay packages for brokers totaling billions of dollars have turned the public spotlight on another corner of Wall Street compensation: retenti...

McDonald's McScrews Hero Out of Money [UPDATED]

David Weiner | Posted 05.25.2011 | Politics
David Weiner

A Huffington Post commenter received an email from McDonald's (reprinted here) saying that the franchise owner is now offering to pay for all medical costs if Haskett loses his appeal.

Make Wall Street Take The Same Deal The Autoworkers Get

Chris Weigant | Posted 05.25.2011 | Business
Chris Weigant

If we're going to minutely examine autoworkers' wages, and dictate the travel plans of one industry we are bailing out, then it seems eminently reasonable to do the same for the banking industry.

The Nasty Class and Anti-Union Bias of Auto Bailout Opposition, or the Wall Street-Detroit Double Standard

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

Nancy Pelosi says the Congressional Republicans are playing Russian Roulette with the economy by refusing to agree to an auto industry bailout. But f...