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$1-a-year CEOs - Making it Up with Stock and Perks!

The heads of Apple, Capital One, DreamWorks and Google each collect a salary of just $1 a year, bucking the trend of digging for a bigger CEO pay packet - the $1 million a year the typical CEO can get, reports USA Today.  While some experts laud CEOs for making an important symbolic statement with their $1-a-year salaries, others take a more cynical view.

Continue reading... "$1-a-year CEOs - Making it Up with Stock and Perks!" »

Female CEOs on the Rise

The percentage of outgoing CEOs replaced by women increased 11% in 2006 and so far the upward trend appears to be continuing in 2007, according to a report by Challenger, Gray & Christmas, Inc., which tracks CEO changes daily. 

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127 CEOs Leave in February; 19 CEO Changes in Computer Industry on Shifting Strategies

Chief executive officer departures announced in February jumped 11.4% to 124 from the 114 announced in January. The February figure was 13.4% higher than the 112 CEO changes in February 2006, according to Challenger, Gray & Christmas survey data.   

Continue reading... "127 CEOs Leave in February; 19 CEO Changes in Computer Industry on Shifting Strategies" »

Compliance Spending for North American Companies to Hit $30 billion This Year

SoX Costs 
$6 billion

Annual compliance spending for all North American companies is expected to grow 8.5% this year to $29.9 billion from $27.3 billion in 2006, according to a study by AMR Research. 

Continue reading... "Compliance Spending for North American Companies to Hit $30 billion This Year" »

Microsoft Beats Google for Top Spot in Corporate Reputation Rankings; Top 60 are...

Microsoft jumps seven places over last year to rank No. 1 in the annual reputation survey "Annual RQ 2006" conducted by Harris Interactive. Johnson & Johnson ranks second and 3M ranks third, followed by Google at No.4 and The Coca-Cola Company at No.5. 

Continue reading... "Microsoft Beats Google for Top Spot in Corporate Reputation Rankings; Top 60 are..." »

Company Directors Average Pay Jumps 12% to Pass $160,000 in 2006; CEO Pay Was $7M

The average total cash and stock-based pay for the 13,000 directors of nearly 1,500 companies on Standard & Poor's indexes rose 11.6% to $160,493 in 2006, on increased workloads and responsibilities of Sarbanes-Oxley, according to Institutional Shareholder Services.

Continue reading... "Company Directors Average Pay Jumps 12% to Pass $160,000 in 2006; CEO Pay Was $7M" »

January Job Cuts Jump 15% to Nearly 62,975; But Down 39% YoY: Challenger Survey

In January, U.S. employers announced plans to reduce payrolls by 62,975 jobs, up 15% from 54,643 in December, - on cost cutting; downturn in demand; and the closing of facilities - according to monthly downsizing data released by Challenger, Gray & Christmas, Inc.

Continue reading... "January Job Cuts Jump 15% to Nearly 62,975; But Down 39% YoY: Challenger Survey" »

Everyone Wants to Start a Business; Record 672,000 New Companies in 2005

$138B
US Small Business IT  Spend in 2006 
(Forrester)

The U.S. is in the midst of the largest entrepreneurial surge this country has ever seen.  Nearly 672,000 new companies with employees were created in 2005, the biggest business birthrate in U.S. history, according to Small Business Administration projections, via Fortune Small Business. 

Continue reading... "Everyone Wants to Start a Business; Record 672,000 New Companies in 2005" »

How Much is Too Much? Executive Pay by the Numbers

There has been a lot of discussion about the astonishing pay bonanza for corporate executives. In a special report on executive pay in the latest issue of the Economist magazine, Edward Carr explains why most of them deserved it. Here is a compendium of revealing stats on executive pay. 

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Doing Well by Doing Good: Being Green Adds Billions to Company Bottom Line

The latest BusinessWeek magazine cover story on "Beyond the Green Corporation" highlights how eco-friendly and socially responsible practices actually help a company's bottom line.  Here are some key factoids on how it stacks up.

Continue reading... "Doing Well by Doing Good: Being Green Adds Billions to Company Bottom Line" »

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