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BNET Business Dictionary
- Pay
- a sum of money given in return for work done or services provided. Pay, in the form of salary or wages, is generally provided in weekly or monthly fixed amounts,...
- Pay definition on BNET »
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- Top CEO's Get 7.4 Percent Pay Rise
- LONDON (Reuters UK) - The heads of the nation's top companies have pocketed inflation-busting pay rises, helping offset the first fall in bonuses for 10 years and as the country struggles in the longest recession on record.Chief executives of companies in the FTSE 100 index have seen their pay rise...
- News items 2009-10-26
- Strategic Compensation:
- This study examined whether a firm's business strategy influences the firm's compensation systems in high-technology firms. For the firm strategy variable, we used innovation strategy, which is one of the most critical business strategies in the high-technology industry. Our analysis showed that a firm's emphasis on innovation is positively related...
- White papers 2003-01-01
- Attracting and Selecting the Best Workers
- People leave their jobs for a variety of reasons. Some leave involuntarily—you've fired them or put pressure on them to leave. Others leave voluntarily—they may have a better offer someplace else, they don't like their job, or the pay isn't adequate. The most effective strategy for keeping the best people...
- White papers 2001-01-01
- Three Elements of Personnel Policy: Worker Flows, Retention and Pay
- This paper describes how personnel policies vary between establishments with respect to pay, tenure and worker flows. In particular we have analysed to what extent higher pay is related to higher or lower turnover among the work force and more or less seniority. Can higher pay be considered a compensation...
- White papers 1999-12-01
- Why Has Exec Pay Grown So Much? | BTalk Australia
- (Episode 297; 15 minutes 07) US executive rewards have increased by 50 per cent in real terms since 1995 and by a factor of about six since 1980. Why is this happening? Research by Peter Swan and Jaeyoung Sung, studying the pay for S&P 1500 CEOs over...
- Blog posts 2009-07-29
- Boardroom Pay: Heads You Win, Tails You Win
- New statistics on boardroom rewards shows the only concession to recession is to turn bonuses into basic pay. When business is good, company directors increase their pay to share in the returns. When business is tough they think they deserve a rise in remuneration to compensate for...
- Blog posts 2009-10-26
Additional Resources
- Why Pay More to Execs Who Fail? | BTalk Australia
- (13min 23) Around the world executive pay has become a contentious issue this year. It’s difficult to accept a high CEO salary from a bank that’s being bailed out with public money. It’s even harder to see a sizeable bonus being given to the head of a company that hasn’t...
- Blog posts 2008-12-04
- King Pharma Pay Rises 12.3%; CEO Markison Got $100,000 in Personal Jet Rides
- Executive pay at King Pharmaceuticals rose 12.3 percent in 2008 even though the company's stock -- with which pay is supposed to be aligned -- stayed flat. Despite the drama of the AlPharma acquisition, King had a mixed year in 2008, on balance. Revenues were down 26...
- Blog posts 2009-04-24
- The Weight's Over: Should Fat People Pay More for Health Insurance?
- The Weight's Over: Should Fat People Pay More for Health Insurance?I'm all for encouraging healthy behaviourOvereating and smoking are voluntary behaviors, and they are not the tobacco company's or food company's fault. If I were you boss and saw this kind of behavior (always blaming someone else for something...
- Discussion threads 2007-09-13
- Why Pay Cuts Are Welcome
- When is a pay cut a pay rise? When the economy is in deflation. If prices are falling, then the same amount of money buys more goods so a wage freeze is a real increase. Employees may start to find that forfeiting a pay rise may be better than forgoing...
- Blog posts 2009-04-29
- Medicis Doubled Pay of Exec Convicted of Off-Label Sales
- Medicis more than doubled the pay of its sales chief in 2008 even though that executive, Richard Havens, pled guilty to conspiracy to violate the Food and Drug Act last March. Havens, the former evp of sales, and three of his underlings pleaded guilty right before his April retirement to...
- Blog posts 2009-04-08
- Medarex Execs Got 10% Pay Raise Despite Delivering Nothing
- If there's a pharma company that rewards executives for delivering absolutely nothing, thy name is Medarex. Consider its record in 2008: Revenues declined from $56.2 million to $52.3 million. Its net loss expanded from $27 million to $38.5 million. The company has never made a...
- Blog posts 2009-04-09
- A.I.G. Cuts ex-CEO's Pay; Companywide Perks
- A.I.G. Cuts ex-CEO's Pay; Companywide PerksRE: A.I.G. Cuts ex-CEO's Pay; Companywide PerksWhy is he not in jail?RE: A.I.G. Cuts ex-CEO's Pay; Companywide PerksNo it isn't enough, $67.9m would be nearer the mark.RE: A.I.G. Cuts ex-CEO's Pay; Companywide PerksOUCH! A $19 million dollar cut must hurt!oh wait, he's still getting $49...
- Discussion threads 2008-10-24
- How to Prepare for a Pay Cut
- If you've managed to hang on to your job, there's a good chance you've been forced to accept a pay cut or reduction in work hours. Here's how to minimize the impact of these painful moves. ...
- Articles 2009-06-05
- How To Get Readers To Pay: Carrots Vs Sticks
- The big debate is getting down to the fine points; as opposed to grand theological, existential questions, it’s really more of a sharper dispute over the method of getting users to pay. Do you dangle carrots and hope the support follows? Or brandish a stick—perhaps a variety of sticks...
- External links 2009-10-14
- U.S. Cuts Pay at Bailed Out Firms, BofA Hits Back
- By Karey Wutkowski and David LawderWASHINGTON (Reuters) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.Many of the...
- News items 2009-10-22
- U.S. Cuts Pay at Bailed Out Firms
- By Karey Wutkowski and David LawderWASHINGTON (Reuters UK) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.Many of...
- News items 2009-10-22
- U.S. Cuts Pay at Bailed Out Firms
- By Karey Wutkowski and David LawderWASHINGTON (Reuters UK) - The U.S. pay czar on Thursday slashed compensation for top earners at seven bailed-out companies for the final two months of the year, and was immediately slammed by the country's largest bank which claimed the cuts could send talent fleeing.Many of...
- News items 2009-10-22
- Gilead Executive Pay: Modest Raises for Outstanding Performance
- Gilead CEO John C Martin got a negligible pay raise in 2008, despite the fact that his company largely met its performance goals. Revenue was up, net income was up, and the stock price held (it's still double the price it was in 2004). Yet Martin's total...
- Blog posts 2009-03-16
- Valeant Executive Pay Doubles to $19.7 Million Despite Quadrupling of Company's Losses
- Valeant Pharmaceuticals saw its revenues decline, its net loss quadruple, and its cash sink by $109 million in 2008. But the compensation of its top executives doubled, to $19.7 million in 2008 from $8.6 million in 2007. Half of that, $9.7 million, went to CEO J. Michael...
- Blog posts 2009-03-27
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