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.
Productivity rose 2.1 percent in 2006, down slightly from the 2.3 percent gain in 2005, according to a report by the Department of Labor's Bureau of Labor Statistics.
Total compensation costs for civilian workers increased 0.8 percent during the fourth quarter of 2006, seasonally adjusted, moderating from the 1.0 percent gain from the previous quarter, according to a report by the Bureau of Labor Statistics of the U.S. Department of Labor.
Frequent recognition of accomplishments is the most effective non-monetary way of motivating employees, according to a survey by staffing firm Accountemps.
The Securities and Exchange Commission has adopted an amendment to its executive and director compensation disclosure rules, allowing companies to spread the value of stocks options over several years.
Google, Inc., says it is launching a transferable stock option (TSO) program that will enable employees to sell vested stock options in an online auction.
When the Principal Financial Group asked more than 2,000 workers in the fall of 2006 what employers could do to help employees get more out of work, the answer was pretty clear.
The value of stock option grants fell significantly in 2005 as companies cut back on the number of options they granted and the number of employees receiving them, according to a study Watson Wyatt Worldwide.
