Calpers Boosts Executive Pay Reform
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SACRAMENTO, Calif.  - Calpers, the biggest U.S.  pension fund, put corporate boardrooms on notice on Monday that  it plans a crackdown on executive compensation, and said it  would double its allocation for investing in hedge funds.
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Legislation that would increase retirement benefits for more than 5,000 assistant U.S. attorneys -- putting their pensions on par with federal law enforcement officers -- has been introduced in Congress.
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Federal executives find that a new pay-for-performance system has had little effect on their performance, but it has caused morale problems, according to a survey released yesterday.
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Here's how to reward executives and shareholders properly.
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Pay for the Washington area's top executives rose significantly last year, reversing the downward trend that set in with the recession in 2001.
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Increased oversight of chief executive  compensation has placed a lid on big salary jumps for CEOs in  very large U.S. organizations, according to a survey.
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Chief Justice John G. Roberts Jr. renewed his call for a pay raise for federal judges and pledged new cooperation with the other branches of government in his year-end report on the federal judiciary.
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In the flood of corporate reform unleashed by recent business scandals, one issue has been largely ignored, shareholder activists say: the stratospheric level of executive pay and the nearly impossible task investors face in trying to figure out who is getting how much.
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The government's move to curb executive compensation has public support, but the real onus may lie with shareholders.
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Executives at Walt Disney Co.  DIS.N will have some of their stock benefits subject to  performance-based requirements as part of changes to its  long-term compensation plan, the entertainment company  announced on Thursday.
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The government is launching a review of the current system which allows MPs to vote on their pay annual rise.
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AUSTIN A 34 (M) million dollar reform plan released today in Austin is meant to bolster the state&#39;s elder care program. The Health and Human Services Commission released the overhaul for Adult Protective Services
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Despite record-low approval ratings, House lawmakers Wednesday voted to accept an approximately $4,400 pay raise that will increase their salaries to almost $170,000.
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Teachers need an above-inflation pay rise if reforms are to continue, unions say.
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Massachusetts workers can expect merit pay raises of 3 to 4.5 percent this year, up slightly from last year, according to a new survey.
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Mayor Michael R. Bloomberg has doled out pay increases to those who work for him, despite a hiring freeze.
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By Sundeep Tucker in London and Scott Morrison in San Francisco. The board members of Calpers, the Californian state pension fund, will this morning start the process of choosing a new president following this week&#39;s abrupt ousting of Sean Harrigan.