Published in the CS Monitor July 17, 2009 by Gail Russell Chaddock
Congress begins a push next week for “say on pay” legislation that would require publicly traded companies to give shareholders an annual nonbinding vote on executive compensation.
Archive for July 17th, 2009
Newsfeeds
US House panel to act on executive pay curbs bill
Published in Reuters July 17, 2009 by Kevin Drawbaugh
A U.S. congressional panel plans to take action on Thursday on legislation meant to curb executive compensation, including a ban on pay structures at financial institutions that encourage “inappropriate risks.”
Expert Perspective
Uses and Limitations of Psychological Testing in Hiring
Expert Perspective by Arlene Brewster Ph.D.
An article in The Wall Street Journal titled “Financials Post Sign of Times: CEO Wanted” (June 24, 2009 by Susanne Craig and Joann S. Lublin) got me thinking about how companies go about identifying, selecting and hiring high level executives.
Continue reading “Uses and Limitations of Psychological Testing in Hiring” »
Newsfeeds
Pay Changes Urged in British Banking
Published in The New York Times July 17, 2009 by Julia Werdigier
Britain’s financial companies should adopt new rules on bonuses that would require top bankers and traders to have part of their pay deferred for up to five years, according to a government-commissioned report released on Thursday. Banks should also be required to disclose the compensation packages of their top earners, the report said.