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Links 1 through 10 of 18 by Nik Silver tagged remuneration

Great to get this stuff out there: "Like many companies we’ve been struggling with a problematic pay review process. In our case the feedback mainly revolved around it feeling arbitrary and lacking transparency."

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"Hours after new Duke Energy CEO Bill Johnson assumed his new position following the Duke/Progress Energy merger this week, he resigned his post. But Johnson can still qualify for up to $44.4 million for his time and effort"

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"I was earning $11.25 an hour, [...] Part of me was thinking, ‘This is great. I’m an Apple fan, the store is doing really well.’ But when you look at the amount of money the company is making and then you look at your paycheck, it’s kind of tough."

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"The venerable U.S. newspaper group revealed a bonus structure that rewards bosses with 175 percent of their target payouts for achieving a mere 2.5 percent return on invested capital. That’s a fraction of the company’s cost of funds, and much lower than its own previous standard."

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"How much does Facebook pay a recently graduated software engineer? Over on Quora, an anonymous user answered: "I am graduating in the spring of 2012, and I was offered $100,000 in salary, a $50,000 signing bonus, $5,000 in relocation, and as [much stock] as necessary to be worth $120,000.""

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A scathing critique of the recent noise to abolish the 50p tax rate for people earning over £150,000pa... "And oh dear, there really is a big error in the claim made: to suggest that talent and remuneration is correlated is, shall we say, just a little bit of an error?"

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"The Institute for Policy Studies has just released its 18th annual review of U.S. executive compensation and found that 25 out of the country's 100 highest-paid chief executives actually earned more in 2010 than their companies paid out in corporate income taxes. In fact, looking at the list below, only five of these 25 companies paid any corporate income taxes to the federal government. One business had a zero sum on income taxes paid, while the remaining 19 companies all received millions back from the government...." Huh?

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"GuidoF - There are of course many ways to class humans - richer and poorer - but also nicer and nastier. You have devoted your life to poison and malevolence." Polly Tonybee addresses one of her critics.

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"The title's owner News International allegedly agreed to honour the remainder of Coulson's two-year contract, and the money was paid in instalments. Coulson also continued to receive other benefits, including private health insurance and a company car, for several years." How on earth did he swing that?

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Finnish newspaper Helsingen Sanomat reveals secrets of Nokia's past, as related by Bobbie Johnson: "Their story centers on a rebellion staged in 1997 by Nokia product developer Jyrki Hallikainen. Hallikainen convinced 44 other engineers from the business to join him at a new manufacturing outfit, [...] The team resigned en masse, sending shockwaves throughout Nokia’s senior management. They were taken by surprise by the move, and desperate to stop the collapse happening — particularly since it would rip the heart out of their main research and development team. The report details how Nokia’s mobile phone boss Pekka Ala-Pietilä (later the company’s president and now the CEO of Blyk), asked Hallikainen and his rebels what it would take to keep them on board. Their price, the documents reveal, was $200 million — the equivalent of around $4.5 million dollars for each of the engineers who were, effectively, holding the company to ransom."

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