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Tag: pay big
Sky TV directors seek big pay rise
2015-09-23 12:18:57| Telecom - Topix.net
Sky Network Television, the country's dominant pay-TV operator, will ask shareholders to lift the pool of directors' fees 27 per cent for a slimmed-down board, saying it needs to pay more to attract and retain quality members. Shareholders will vote on whether to lift the pool to $900,000 from the current $750,000, according to the Auckland-based company's note of annual meeting, to be held on Oct. 21. Sky TV will have five independent directors after the meeting when Humphrey Rolleston and Robert Bryden retire, and is in the process of recruiting at least one other non-executive director.
Big pay gap between Pittsburgh CEOs and their average employees
2015-08-26 20:31:17| Chemicals - Topix.net
Curious for how the pay gap between top executives and their workers plays out in Pittsburgh? It will be mandatory for public companies to disclose the ratio starting in 2017, as per a U.S. Securities and Exchange Commission rule, but here's a sneak peek.
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Minnesota CEO pay takes a big leap
2015-07-19 04:09:00| Beverages - Topix.net
The median level of compensation for the 95 chief executive officers who run those companies rose 18 percent last year to $1.21 million, up from $1.026 million in 2013, and the second highest since the eve of the Great Recession in 2007. The increases come at a time when reports show that average workers' pay is stagnant.
How Companies Justify Big Pay Raises for CEOs
2015-06-05 10:23:38| Appliances - Topix.net
When deciding how much to pay their senior executives, the directors at Jarden Corp. - the owner of brands including Yankee Candle, Rawlings sports equipment, and Bicycle playing cards - use what might seem to be an unlikely measuring stick: the top managers at Oracle Corp., the world's largest data-base maker. Oracle is one of 14 companies Jarden identified in 2011 as a "peer"to help it gauge the going rate for executive pay - a common practice among boards when setting compensation for top managers.
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Big Japan firms plan bigger pay hikes but smaller firms expected to lag
2015-03-18 08:28:56| Automakers - Topix.net
Japanese blue-chip firms announced wage hikes on Wednesday that topped increases last year, but overall pay raises across corporate Japan are not expected to offset higher costs of living for workers or be enough to drive a sustainable economic recovery. Major exporters like Toyota Motor Corp were responding for a second year to public calls from Prime Minister Shinzo Abe's government for help in generating a virtuous cycle of higher profits, wages and prices to decisively end two decades of deflation and stop-start growth.