Amazon's announcement that it would raise its hourly minimum wage to $15 has been seen as a victory for workers. But some longtime employees say their compensation could fall by thousands of dollars per year.
The public attention might up the pressure on corporate boards to rein in pay for top brass, especially if multiple years of reporting document the gulf between median pay and CEO pay is widening.
As a top pharma industry veteran from 2007 to 2017, former Eli Lilly and Co. executive Alex Azar built a substantial financial portfolio now worth as much as $20.6 million.
Just 6 percent of the top-paid CEOs in the U.S. last year were women, a slight increase from about 5 percent in 2015 and 2014.
Once again, technology companies and consultancies have taken the top spots in the latest list of employers with the highest median compensation in the United States.
Hotel and billboard magnate Dean White, who had been a fixture in the annual rankings by Forbes for years, fell from the list after his death in September at 93.
A revamped Indiana Economic Development Corp. pay structure awards its executives incentive pay if they meet certain performance metrics.
Proposed ordinances that would increase pay for elected officials and city employees in Carmel have been sent to the city council’s finance committee for discussion when it meets Oct. 10.
Carmel Clerk-Treasurer Christine Pauley is publicly opposing a proposed salary ordinance that gives significant increases to the mayor and City Council members while limiting her pay hike. She claims she has been discriminated against and harassed by the council.
Under the salary ordinance that will be introduced at the Carmel City Council meeting on Monday, Mayor Jim Brainard, Judge Brian Poindexter and council members would all see double-digit percentage hikes in their salaries.
If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.
The Colts want to avoid past mistakes, when the team devoted so much of its salary cap to Peyton Manning that it took a herculean effort to build a solid roster around him.
Compensation for the highest-ranking officials of Indianapolis’ largest not-for-profits falls short of pay at many similar-size organizations throughout the country.
The appliance and electronics retailer has hired its fourth chief merchandising officer in about three years, snagging a veteran executive who will move on from a much smaller chain.
Fishers’ first mayor will be paid more than the chief executives of nearby suburban cities if the Town Council approves a 2015 salary ordinance set to be introduced Monday.
Seeking to avoid investor litigation, Simon Property this year eliminated a $120 million stock award to CEO David Simon in favor of a performance-based bonus. A retirement fund isn’t satisfied.
Six candidates ran for mayor of Fishers in the May primary without knowing what the job would pay. More than 20 sought seats on its first City Council. Now the outgoing Town Council—with at least two members who won’t return to the dais next year—must decide how to compensate the victors come Jan. 1.
The median senior executive collected $923,705 in salary, stock or stock options, incentive pay and perks in 2013, IBJ found in a review of proxy statements at 64 companies.The median compensation rose 20 percent from 2012 and doubled since 2006.
Stock options accounted for the biggest chunk of the CEO’s compensation. Their value will depend on the company’s future stock performance.
Compensation for Joe Swedish included $4.1 million in perks, such as $3.8 million he would have received in his previous job, $79,000 in relocation expenses, and $82,000 for his legal fees from contract negotiations.
