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.

Randy Harrison Joins Independent Executive Compensation Advisor Pearl Meyer ... MarketWatch (press release) NEW YORK, Jan 30, 2012 (BUSINESS WIRE) -- Independent executive compensation consultancy Pearl Meyer & Partners announced today that Randy Harrison has joined the firm as a Managing Director in its Chicago office. Mr. Harrison has more than 20 years ... and more »

Corporate Governance: proxy advisory guidelines and the shifting landscape of ... Reuters Blogs (blog) While the post-Lehman headlines of public outrage and calls for legislative scrutiny over executive compensation may have waned, now more than ever, companies need to exercise great care when considering executive compensation policies. How you can have a say on your boss' payTampa Bay Business Journal (blog) all 2 news articles »

Los Angeles Times

Cal State trustees OK new policy on executive compensation Los Angeles Times ... 2012) By Carla Rivera, Los Angeles Times Faced with mounting public and legislative pressure to rein in presidential pay packages, California State University trustees Wednesday adopted a new policy that limits executive compensation. CSU Trustees Adopt Executive Compensation PolicySCVNEWS.com CSU trustees reject attempt to cap presidents' paySan Francisco Chronicle UPDATED: CSU board approves presidential salary capDaily Breeze Enterprise-Record all 117 news articles »

New York Caps State Funding for Executive Compensation & Administrative ... JD Supra (press release) [1] The Executive Order appears to be part of a larger ongoing trend of increasing scrutiny of, and attempts to limit, the executive compensation practices of health care, social service, and not-for-profit organizations in NYS and across the country.

Annaly's Executive Compensation Distorts Incentives DailyFinance This article takes up the company's unconventional executive compensation structure. When most people think of executive compensation problems, it's generally assumed the issue is related to either excessive compensation or some type of ridiculous ... and more »

Concur Technologies, Inc. (NASDAQ:CNQR) Investor Investigation in connection ... Your-Story.org (press release) An investigation on behalf of investors in shares of Concur Technologies, Inc. (NASDAQ:CNQR) over potential breaches of fiduciary duties by certain officers and directors of Concur Technologies in connection with the executive compensation practices ...

Equilar Appoints Michael Bendorf Vice President of Strategic Development MarketWatch (press release) REDWOOD CITY, CA, Jan 31, 2012 (MARKETWIRE via COMTEX) -- Equilar, the leading provider of executive compensation benchmarking and research solutions, today announced the appointment of Michael Bendorf as Vice President of Strategic Development. and more »