Adults with advanced degrees earn four times more than those with less than a high school diploma, according to data released by the U.S. Census Bureau.
Poor disclosure of executive perks in the past may have significantly masked the level at which many companies are granting the perks and their associated costs, according to an analysis by The Corporate Library.
U.S. Representative Barney Frank recently proposed a bill that would give shareholders a nonbinding vote on executive compensation at public companies, but WorldatWork, an association of human resource professionals, says the legislation is unneeded.
U.S Representative Barney Frank has introduced legislation that would give shareholders a nonbinding vote on executive compensation at public companies.
In the fourth quarter, hourly compensation grew 8.2 percent, and when the decrease in consumer prices was taken into account, real hourly compensation grew even faster, 10.5 percent. Real hourly compensation had fallen in the second and third quarters of 2006, following an 11.0-percent gain in the first quarter.
The influx of immigrants from 1990 to 2004 increased the average real wages of native-born workers in California by 4 percent, according to a study by the Public Policy Institute of California (PPIC).
Chief executive officers at higher-performing companies saw big gains in the value of their unexercised stock options last year, according to an analysis by Watson Wyatt, a consulting firm.
Ryan A. Brant, the former chief executive officer of video game publisher Take-Two Interactive Software, has pleaded guilty to charges of falsifying records to backdate stock option grants at the company, Manhattan District Attorney Robert M. Morgenthau announced.
