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Keyword: compensation

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  • Court ruling could delay beltway

    03/07/2017 8:09:52 AM PST · by Tolerance Sucks Rocks · 2 replies
    The Winston-Salem Journal ^ | February 16, 2017 | Wesley Young
    A judge’s order could delay the start of construction on the next segment of the Winston-Salem Northern Beltway unless contested condemnation claims are resolved by this coming fall. Attorney Matthew Bryant said Forsyth County Superior Court Judge John Craig would be signing orders this week dismissing some new condemnation proceedings started recently by the N.C. Department of Transportation against some landowners in the beltway segment planned between Reidsville and New Walkertown roads. Those new condemnation proceedings were started as part of the state’s effort to acquire land for that beltway segment, which is scheduled to go to contract this fall....
  • Energy Minister: Arabs prefer monetary compensation to land

    09/24/2016 3:55:14 PM PDT · by Eleutheria5 · 5 replies
    Arutz Sheva ^ | 24/9/16
    Energy Minister MK Yuval Steinitz (Likud) expressed his support for the Regulation Law that is intended to legalize the construction of homes on land claimed to be private Arab land - although no one has claimed it - by allowing for compensation, and warned that the destruction of Amona would be a "tragedy." "It's not about going around the law, but about changing it," Steinitz told Channel 10. "This tragedy will cause losses to everyone. The Jews will lose their homes, and the Arabs will lose the compensation that they could have received, worth millions of shekels. The Palestinian Authority...
  • US applications for jobless aid rise, but still near lows

    03/31/2016 6:13:55 AM PDT · by Olog-hai · 5 replies
    Associated Press ^ | Mar 31, 2016 8:35 AM EDT | Josh Boak
    More Americans sought unemployment benefits last week, but applications still stayed near historic lows that point to a stable job market. […] Weekly jobless claims have remained below the crucial threshold of 300,000 for more than a year, a level that usually corresponds with monthly gains in excess of 200,000. Economists expect that Friday’s jobs report will show that employers hired roughly 200,000 workers in February as the unemployment rate held at an eight-year low of 4.9 percent. …
  • Hillary - The Queen Bee...

    10/19/2015 2:05:15 PM PDT · by 100American · 9 replies
    http://www.mckinsey.com/ ^ | October 2015 | Adam Galinsky and Maurice Schweitzer
    Meow! Queen bees: When women exclude women Similarity attracts. Over a hundred years of social-science research reveals that people prefer to associate with people like themselves. In hiring and promoting employees, people select people who went to the same schools they did, grew up in the same towns, think like them . . . and belong to the same gender. This is an almost universal truth, except for what we call the queen bee. In nature, bees epitomize cooperation, with one exception: queen bees—the rulers of the hive. They don’t cooperate; they compete. And as they compete, they can sting....
  • Pay Hike Needed to Boost Congress’ Morale [semi-satire]

    05/25/2015 10:35:57 AM PDT · by John Semmens · 2 replies
    Semi-News/Semi-Satire ^ | 23 May 2015 | John Semmens
    Several Democrats, including Minority Whip Steny Hoyer (Md), made the case for higher compensation this week citing “the low morale among those of us in the legislature who can only salivate at the sums being hauled in by ex-presidents and others for trifling amounts of work. As members of a body of 435 we won’t have the same name recognition. We won’t be invited to pontificate on sundry topics for piles of cash.” Rep. Alcee Hastings (D-Fla) seconded Hoyer’s remarks saying “we need to get a bigger piece of the pie now! We pass laws doling out billions to important...
  • Meet the SEC's 6,500 Whistleblowers

    07/29/2014 6:08:51 PM PDT · by afraidfortherepublic · 8 replies
    WSJ online ^ | 7-29-14 | Maxwell Murphy
    What do four adult entertainers, 138 engineers, a handful of pilots and a pastor have in common? They all think they have hot tips about an alleged financial fraud. They are also among the more than 6,500 people who have offered confidential information under the whistleblower program of the Securities and Exchange Commission. The agency set up the program in mid-2011 with hopes of eliciting dirt on corporate wrongdoers. It offers a bounty of up to 30% of penalties for any monetary sanctions the agency extracts that exceed $1 million. The potential windfall has attracted tips from at least 68...
  • Court Orders State to Compensate Arab Land Claims

    06/24/2014 3:08:16 PM PDT · by Eleutheria5 · 5 replies
    Arutz Sheva ^ | 25/6/14 | Ari Yashar
    A court on Tuesday ordered the state to pay compensation to local Arabs over their claims of having owned land in the Jewish community of Amona, located to the north of Jerusalem. The six Arab claimants were given a total of 300,000 shekels ($85,700), and further the court ordered that if the Jewish residents of the town on the land claimed by the Arab side are not removed by 2015, the state must pay another 48,000 shekels ($13,500), reports AFP. The extreme left legal group Yesh Din praised the ruling, saying "now what is required is evacuation and we're going...
  • Public School Teacher To North Carolina Senate: 'I Am Embarrassed To Confess: I Am A Teacher'

    05/14/2014 6:47:00 AM PDT · by blam · 88 replies
    BI ^ | 5-14-2014 | Caroline Moss
    Public School Teacher To North Carolina Senate: 'I Am Embarrassed To Confess: I Am A Teacher' Caroline Moss “I am embarrassed to confess: I am a teacher.” That was the subject line of an email Sarah Wiles, a science teacher in Charlotte, North Carolina, sent to all 170 members of the North Carolina General Assembly last week. Wiles talked about her concerns that teachers were not being paid enough. She says she personally has only seen a pay increase once in six years, even though she says she loves her students and has always gone above and beyond to do...
  • Marissa Mayer's second-in-command gets a $58million severance package after working..15 months

    04/17/2014 9:11:50 AM PDT · by C19fan · 27 replies
    UK Daily Mail ^ | April 17, 2014 | Staff
    Yahoo’s recently fired chief operating officer has received a final severance package of $58million after only working at the internet company for 15 months. A new regulatory filing released Wednesday revealed the eight-figure payout that Henrique de Castro was given by his former boss, Marissa Mayer, after she both hired and fired him in just over a year. Mayer dumped de Castro, who was in charge of ad sales, in January after concluding he wasn't executing on her plan for reviving Yahoo's lackluster ad growth.
  • JPMorgan boosts CEO Dimon’s Pay to $20 Million

    01/24/2014 12:06:56 PM PST · by lbryce · 6 replies
    AP via Washington Post ^ | January 24, 2014 | Staff
    JPMorgan Chase almost doubled Chairman and CEO Jamie Dimon’s pay for 2013, rewarding the executive for settling probes against the bank. Dimon will receive total compensation of $20 million in 2013, consisting of $18.5 million in stock options and a base salary of $1.5 million, the bank said in a statement Friday.
  • VA: Veterans’ Benefits Will Be Suspended in Prolonged Shutdown

    10/08/2013 4:13:10 PM PDT · by 2ndDivisionVet · 48 replies
    WRC-TV / NBC News ^ | October 8, 2013 | Scott MacFarlane
    Military veterans will lose many of their veterans’ benefits in “late October” if the government shutdown persists, according to newly-released U.S. Department of Veterans Affairs documents. The VA has been continuing to make payments to veterans in the days since the Oct. 1 government shutdown, but agency officials say the pool of available money is dwindling. “Claims processing and payments in the compensation, pension, education and vocational rehabilitation programs are anticipated to continue through late October. However, in the event of a prolonged shutdown, claims processing and payments in these programs would be suspended when available funding is exhausted,” said...
  • European Court: Railways Must Reimburse for Weather Delays

    09/26/2013 1:47:09 PM PDT · by Olog-hai · 16 replies
    Der Spiegel ^ | September 26, 2013 – 02:11 PM | (dsk—with wires)
    European railway companies must give partial refunds to passengers who are significantly delayed by bad weather, natural disasters or strikes after a ruling by the European Court of Justice (ECJ). The judgment is a blow for train firms who up until now only had to pay out if they were at fault. … The Luxembourg court ruled on Thursday that the rules exempting train companies in cases of force majeure, i.e. where the problems are out of their control, “relate only to the right of passengers to receive compensation for damage or loss resulting from the delay or cancellation of...
  • Money Well Spent? An Analysis of Congressional Compensation

    08/28/2013 7:16:01 AM PDT · by SeekAndFind · 3 replies
    Townhall ^ | 08/28/2013 | David Williams
    August in D.C. usually means hot weather and empty halls of Congress, and this year is no different. Congress has been on recess for the entire month and isn’t expected to be back in session until September 9. With this type of leisurely schedule one would think that our lawmakers are ahead of schedule in completing their work on the annual spending bills and have a firm plan in place for the debt limit. Not exactly. When Congress returns to Washington D.C. they will have a litany of work to complete. With this record of inaction and inefficiency so clear,...
  • The Wrong People Care About CEO Pay, And They Care For The Wrong Reasons

    07/19/2013 7:20:54 AM PDT · by SeekAndFind · 30 replies
    Forbes ^ | 07/19/2013 | Jeffrey Dorfman
    The New York Times editorialized against “lavish” executive pay this past Sunday (July 14). I agree with The Times editorial board that there are problems with executive pay, but disagree completely with their editorial. They may be right that CEO pay is excessive, but it is for the wrong reasons. In particular, their arguments against high executive pay are irrelevant and they miss the one valid argument to rein it in. First, The Times is worried about the pay gap, the difference between CEO pay and the earnings of the average company employee. They report that average CEO is paid...
  • Sued over cuts and grazes: Schools rip out playgrounds as compensation claims soar

    04/14/2013 1:49:00 AM PDT · by Olog-hai · 31 replies
    Sunday Express (UK) ^ | Sun., April 14, 2013 | David Paul
    Schools have begun ripping out swings and slides from playgrounds because they can no longer afford huge compensation payouts when children suffer minor cuts and grazes. The claims have become so common that even school trips to the seaside are being canceled in case pupils injure themselves while paddling in the sea and their parents then sue. Education authorities face big bills even if a child is hurt while defying school rules by climbing walls or trees. Lawyers all over the country are fueling the problem by offering parents no-win no-fee deals. Some firms have even set up telephone hotlines...
  • Turks Expect 'Tens of Millions' in Compensation from Israel

    03/26/2013 5:49:57 PM PDT · by Eleutheria5 · 16 replies
    Arutz Sheva ^ | 26/3/13 | David Lev
    Justice Minister Tzippy Livni on Sunday spoke with Turkish Foreign Minister Ahmet Davutoglu, discussing the possibility that Israel would pay reparations to the families of nine Turkish supporters of Hamas who were killed in 2010 aboard the Mavi Marmara, after they attempted to attack and murder IDF soldiers as part of the Gaza flotilla. Turkey's vice-premier, Bulenbt Arink, told Turkish media Sunday that a meeting and discussion in compensation had taken place, but gave no details. Turkish media reported Sunday that the families were due to receive “tens of millions of dollars” in compensation. Israel has named former director general...
  • Pepco boss got megawatt pay boost despite problems

    07/04/2012 6:09:59 PM PDT · by Tolerance Sucks Rocks · 5 replies
    The Washington Times ^ | July 3, 2012 | Jim McElhatton
    Pepco’s chief executive, Joseph Rigby, didn’t get a salary increase last year because of “customer reliability issues,” but he still managed to double his overall compensation, regulatory filings show. Thanks mostly to an employment deal and supplemental executive retirement plan, Mr. Rigby’s overall compensation rose to nearly $7.2 million last year, according to Securities and Exchange Commission filings. With hundreds of thousands of Pepco customers in the District of Columbia and Maryland left without electricity for days in sweltering temperatures after a violent storm Friday, Mr. Rigby’s compensation is likely to get a closer look as questions emerge about the...
  • U.S. Firms Brace For U.K.-Style Shareholder Revolt

    06/09/2012 7:58:04 AM PDT · by blam · 10 replies
    Market Watch ^ | 6-8-2012 | Sara Sjolin
    U.S. Firms Brace For U.K.-Style Shareholder Revolt By Sara Sjolin, MarketWatchJune 8, 2012, 4:24 a.m. EDT LONDON (MarketWatch) — Corporate boards in the U.S. should brace themselves for mounting dissatisfaction with executive pay in coming years, as the current “shareholder spring” in Europe likely will spill across the pond for next year’s proxy season. Prominent U.S. companies like Citigroup Inc. /quotes/zigman/5065548/quotes/nls/c C +3.20% and NYSE Euronext /quotes/zigman/421745/quotes/nls/nyx NYX -0.69% have already felt the echo from the European revolts, although the scope for shareholders’ anger remains to be seen in the U.S. “The fact that there have been large pay outs...
  • Insurance Scammers Featured on ABC News (Video)

    04/26/2012 7:44:15 AM PDT · by KeyLargo · 3 replies
    ABC news ^ | April 25, 2012 | By Christina Bramlet, PropertyCasualty360.com
    Insurance Scammers Featured on ABC News MMA Fighter, Prison Guard Cases Emphasize Billion-Dollar Problem By Christina Bramlet, PropertyCasualty360.com April 25, 2012 An ever-evolving multitude of insurance scams continue to plague the industry, ultimately costing both insurers, policyholders and taxpayers hundreds of millions of dollars. P&C insurers especially face a host of challenges in combating fraud, such as poor conviction rates and inadequate resources. Even so, through decisive action and collaboration between claims investigators and law enforcement, noteworthy gains have been realized, made evident recently by some high-profile PIP fraud stings in New York and Florida. Further mitigating fraud and, by...
  • Activist "letter" attacks Buffett's co.

    04/02/2012 1:43:53 PM PDT · by 49parallel · 2 replies
    Valuewalk.com ^ | April 1, 2012 | Baker street Capital
    April 1, 2012 Board of Directors Berkshire Hathaway Inc. 3555 Farnam Street, Suite 1440 Omaha, NE 68131 Dear Members of the Board... ..."Compensation: "We believe that the board has conveniently chosen to maintain the status quo and ignore these critical issues in order to preserve the directors’ generous board fees, .... As a result, the board has stood by idly as the stock price has lagged the general market during the past three months... Given the directors’ excessive board fees and lack of economic ownershipin the business, it is not surprising that the Berkshire board has fought for years to...