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Fichthorn, who is vice president in the Philadelphia office of Hay Group, offers the following chart to clarify what employers want and how it compares to what the public wants. Topic Area What Makes Business Sense? What Do Shareholders Want? Where’s Their Breaking Point? Pay Philoso-phy Pay positioning that maps to competitive positioning Pay positioning […]
The Dodd Frank Act (Dodd Frank Wall Street Reform and Consumer Protection Act) was signed in 2010 as a culmination of efforts to regulate and limit Wall Street as result of the mortgage fallout, says Lifshey, Managing Director at the New York Office of Pearl Meyer & Partners. Lifshey’s tips came at a recent webinar […]
Fichthorn , vice president in the Philadelphia office of Hay Group, was joined in his presentation at a recent BLR/HRhero webinar by Martin Somelofske, a senior principal in Hay Group’s Metro New York office. Fichthorn suggests that the following trends will characterize executive compensation in the upcoming year: Continued government interest and involvement, specifically through […]
Last year Goldman Sachs paid its five most senior employees a collective $69.5 million dollars. Chief Executive Lloyd Blankfein may have claimed that he was doing “God’s work,” but four orders of nuns beg to differ. The Sisters of Saint Joseph of Boston, Sisters of Notre Dame de Namur, the Sisters of St Francis of […]
I saw an article the other day with the headline “Shareholders vs. Customers: Who Comes First?” That got me thinking. What was the answer to this question posed by the author of the article? My conclusion: You don’t have to choose. If you want to create long-term shareholder value in any business, you must meet […]
There has always been a lot of focus on quarterly earning reports, but given the current economic environment, this corporate ritual has come under even greater scrutiny. Everyone is trying to read the crystal ball and figure out what every little detail means. Sales are down 30% when compared to the same quarter but are […]