San Francisco Chronicle (February 23)
“For American tech companies seeking talent, Ukraine’s highly educated population, with heavy emphasis on sought-after STEM specialties, is appealing, as is the fact that salaries there are about one-third to one-quarter of those for comparable jobs in the Bay Area.” Now these tech companies (including Google, Snap, Oracle, Grammarly, Ring, and JustAnswer) are urgently “revising contingency plans to protect their workers and businesses.”
Tags: Bay Area, Contingency plans, Educated, Google, JustAnswer, Oracle, Protect, Salaries, Snap, STEM, Talent, Tech companies, Ukraine
New York Times (July 14)
“The median compensation of chief executives at 200 of the nation’s biggest public companies came in at $15.1 million last year, a 16 percent jump from 2011…. The pay packages — including salary, bonus, benefits, stock and option grants — ranged from $96.2 million at Oracle to $11.1 million at General Motors.” Until the SEC determines rules for Dodd-Frank disclosure requirements, however, we won’t know just how excessive these packages are. Corporations should disclose pay gap information so investors, consumers, economists and others can monitor the ratio of C.E.O. pay to regular employee pay, which by some estimates now stands at between 200 and 300 to 1 in the U.S.“The median compensation of chief executives at 200 of the nation’s biggest public companies came in at $15.1 million last year, a 16 percent jump from 2011…. The pay packages — including salary, bonus, benefits, stock and option grants — ranged from $96.2 million at Oracle to $11.1 million at General Motors.” Until the SEC determines rules for Dodd-Frank disclosure requirements, however, we won’t know just how excessive these packages are. Corporations should disclose pay gap information so investors, consumers, economists and others can monitor the ratio of C.E.O. pay to regular employee pay, which by some estimates now stands at between 200 and 300 to 1 in the U.S.
Tags: Benefits, Bonus, Compensation, Disclosure, Dodd-Frank, Executive, General Motors, Options, Oracle, Pay gap, Requirements, Salary, SEC
