<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Employee Compensation: News &amp; Videos about Employee Compensation - CNN.com</title><link>http://topics.cnn.com/topics/feeds/rss/Employee_Compensation</link><description>Find stories, videos, and photos about Employee Compensation from CNN.com.</description><language>en-us</language><copyright>Cable News Network LP, LLLP.</copyright><pubDate>Wed, 25 Nov 2009 12:57:18 GMT</pubDate><ttl>5</ttl><image><title>Employee Compensation: News &amp; Videos about Employee Compensation - CNN.com</title><url>http://i.cdn.turner.com/cnn/.element/img/1.0/logo/cnn.logo.rss.gif</url><link>http://topics.cnn.com/topics/feeds/rss/Employee_Compensation</link><width>144</width><height>33</height><description>Find stories, videos, and photos about Employee Compensation from CNN.com.</description></image><item><title>AIG chief Benmosche inks pay deal</title><link>http://money.cnn.com/2009/11/24/news/companies/AIG_Benmosche/index.htm</link><guid>http://money.cnn.com/2009/11/24/news/companies/AIG_Benmosche/index.htm</guid><description>After balking at government imposed pay restrictions, American International Group's chief executive Robert Benmosche has officially agreed to a non-compete contract that could total $10.5 million, the company announced Tuesday.</description><pubDate>Wed, 25 Nov 2009 11:58:00 EST</pubDate></item><item><title>Fat cat pay - Then and now</title><link>http://money.cnn.com/2009/11/18/news/economy/executive_pay.fortune/index.htm</link><guid>http://money.cnn.com/2009/11/18/news/economy/executive_pay.fortune/index.htm</guid><description>It's unprecedented for the nation to be outraged about corporate pay, right? Not exactly: In the 1930s, as the Depression gripped the nation, furor about compensation rose to fever pitch, and Washington applied shears to salaries.</description><pubDate>Wed, 18 Nov 2009 16:13:00 EST</pubDate></item><item><title>Job outlook for 2010 grads: Still stinks</title><link>http://money.cnn.com/2009/11/17/news/economy/college_graduates_jobs/index.htm</link><guid>http://money.cnn.com/2009/11/17/news/economy/college_graduates_jobs/index.htm</guid><description>It's a tough time to be starting a career.</description><pubDate>Wed, 18 Nov 2009 12:52:00 EST</pubDate></item><item><title>Pay czar readies for bonus season</title><link>http://money.cnn.com/2009/11/17/news/companies/feinberg_executive_compensation/index.htm</link><guid>http://money.cnn.com/2009/11/17/news/companies/feinberg_executive_compensation/index.htm</guid><description>It's bonus time on Wall Street and pay czar Kenneth Feinberg is walking a thin line.</description><pubDate>Tue, 17 Nov 2009 21:23:00 EST</pubDate></item><item><title>Make money in 2010: Your job</title><link>http://money.cnn.com/2009/11/09/pf/Make_money_job.moneymag/index.htm</link><guid>http://money.cnn.com/2009/11/09/pf/Make_money_job.moneymag/index.htm</guid><description>Despite all the talk about economic recovery, you're probably still anxious about next year's job market -- worried not necessarily about your position but maybe your spouse's or your adult kids' or your best pal's.</description><pubDate>Fri, 13 Nov 2009 17:42:00 EST</pubDate></item><item><title>AIG chief 'frustrated' but staying on</title><link>http://money.cnn.com/2009/11/11/news/companies/Benmosche_AIG/index.htm</link><guid>http://money.cnn.com/2009/11/11/news/companies/Benmosche_AIG/index.htm</guid><description>AIG Chief Executive Robert Benmosche told his staff on Wednesday that he is "frustrated" with ongoing discussions with the government about bonuses, but he will remain with the company.</description><pubDate>Thu, 12 Nov 2009 02:01:00 EST</pubDate></item><item><title>Americans are overpaid</title><link>http://money.cnn.com/2009/11/11/news/international/global_american_wages.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/11/11/news/international/global_american_wages.breakingviews/index.htm</guid><description>U.S. workers are overpaid, relative to equally productive foreigners doing the same work. If the global economy is ever to get back into balance, that gap needs to be closed.</description><pubDate>Wed, 11 Nov 2009 20:17:00 EST</pubDate></item><item><title>Banker's bonuses: 40% bigger this year</title><link>http://money.cnn.com/2009/11/09/news/economy/bank_bonuses/index.htm</link><guid>http://money.cnn.com/2009/11/09/news/economy/bank_bonuses/index.htm</guid><description>Bonuses at financial firms worldwide will increase by an average of 40% this year, according to an annual report released Monday.</description><pubDate>Mon, 09 Nov 2009 19:00:00 EST</pubDate></item><item><title>Health insurance tax = higher wages?</title><link>http://money.cnn.com/2009/11/06/news/economy/insurance_tax_wages/index.htm</link><guid>http://money.cnn.com/2009/11/06/news/economy/insurance_tax_wages/index.htm</guid><description>When was the last time your employer gave you a raise because the company had a little windfall? Don't feel bad if your memory is drawing blanks.</description><pubDate>Fri, 06 Nov 2009 09:26:00 EST</pubDate></item><item><title>Time to drain Wall Street bonus pool?</title><link>http://money.cnn.com/2009/11/05/news/bonus.pool.fortune/index.htm</link><guid>http://money.cnn.com/2009/11/05/news/bonus.pool.fortune/index.htm</guid><description>Is the Fed about to hit the brakes on the Wall Street gravy train?</description><pubDate>Thu, 05 Nov 2009 18:23:00 EST</pubDate></item><item><title>Private college presidents: 23 earn $1 million</title><link>http://money.cnn.com/2009/11/02/news/economy/university_presidents_compensation/index.htm</link><guid>http://money.cnn.com/2009/11/02/news/economy/university_presidents_compensation/index.htm</guid><description>The presidents of the nation's top private universities got 6.5% more in pay last year, with 23 taking home more than $1 million, according to a study published Monday.</description><pubDate>Mon, 02 Nov 2009 18:35:00 EST</pubDate></item><item><title>Executive pay crackdown is a joke</title><link>http://money.cnn.com/2009/10/28/markets/thebuzz/index.htm</link><guid>http://money.cnn.com/2009/10/28/markets/thebuzz/index.htm</guid><description>What do you know? The suits at troubled finance firm GMAC must like working for less money. How else to explain that GMAC is reportedly trying to get a third helping of government rescue funds?    GMAC is one of the seven firms that the Obama administration announced sweeping changes in executive compensation for last week.</description><pubDate>Thu, 29 Oct 2009 12:22:00 EDT</pubDate></item><item><title>Pay czar: I don't want more authority</title><link>http://money.cnn.com/2009/10/28/news/companies/feinberg_hearing/index.htm</link><guid>http://money.cnn.com/2009/10/28/news/companies/feinberg_hearing/index.htm</guid><description>Washington's so-called "pay czar" Kenneth Feinberg cautioned lawmakers against extending his authority to the hundreds of other companies that accepted government bailout money.</description><pubDate>Wed, 28 Oct 2009 17:45:00 EDT</pubDate></item><item><title>Pay czar: Next ruling may carry more clout</title><link>http://money.cnn.com/2009/10/27/news/economy/executive_pay/index.htm</link><guid>http://money.cnn.com/2009/10/27/news/economy/executive_pay/index.htm</guid><description>The next round of executive pay decisions for companies that have received substantial government bailout funds could have a more lasting impact on pay practices nationwide, the special master on pay for the bailout said Tuesday.</description><pubDate>Tue, 27 Oct 2009 17:18:00 EDT</pubDate></item><item><title>3 AIG execs get bonus OK from pay czar</title><link>http://money.cnn.com/2009/10/22/news/companies/aig_bonuses_feinberg/index.htm</link><guid>http://money.cnn.com/2009/10/22/news/companies/aig_bonuses_feinberg/index.htm</guid><description>In the end, pay czar Kenneth Feinberg's hardest case was AIG.</description><pubDate>Fri, 23 Oct 2009 19:37:00 EDT</pubDate></item><item><title>Washington's bank pay crackdown</title><link>http://money.cnn.com/2009/10/22/news/companies/compensation_white_house/index.htm</link><guid>http://money.cnn.com/2009/10/22/news/companies/compensation_white_house/index.htm</guid><description>Washington launched its biggest offensive yet against Wall Street pay practices Thursday, taking aim at everyone from senior executives to high-flying traders of complex securities.</description><pubDate>Fri, 23 Oct 2009 02:32:00 EDT</pubDate></item><item><title>Big pay cuts ... what about Goldman?</title><link>http://money.cnn.com/2009/10/22/news/companies/executive_compensation_curbs/index.htm</link><guid>http://money.cnn.com/2009/10/22/news/companies/executive_compensation_curbs/index.htm</guid><description>The Obama administration's pay czar is imposing tough cuts on 175 big earners -- but many on Wall Street are still on track for a banner payday.</description><pubDate>Thu, 22 Oct 2009 19:32:00 EDT</pubDate></item><item><title>Supreme Court watch - Pay caps</title><link>http://money.cnn.com/2009/10/22/news/economy/pay_jones_harris_associates.fortune/index.htm</link><guid>http://money.cnn.com/2009/10/22/news/economy/pay_jones_harris_associates.fortune/index.htm</guid><description>Even as the Obama administration is unveiling plans to impose unprecedented pay caps on top officials at the seven U.S. companies receiving the largest federal bailouts, the U.S. Supreme Court is preparing to hear a case that turns on whether to apply analogous pay caps on certain financial advisers.</description><pubDate>Thu, 22 Oct 2009 16:01:00 EDT</pubDate></item><item><title>Pay czar ready to drop hammer</title><link>http://money.cnn.com/2009/10/21/news/companies/feinberg_compensation/index.htm</link><guid>http://money.cnn.com/2009/10/21/news/companies/feinberg_compensation/index.htm</guid><description>The Obama administration will soon order the nation's biggest bailed-out companies to drastically cut the pay packages of 175 top executives, a senior administration official confirmed to CNN Wednesday.</description><pubDate>Thu, 22 Oct 2009 12:11:00 EDT</pubDate></item><item><title>Wall Street fat cats fear the pay czar</title><link>http://money.cnn.com/2009/10/20/news/companies/feinberg_compensation/index.htm</link><guid>http://money.cnn.com/2009/10/20/news/companies/feinberg_compensation/index.htm</guid><description>President Obama's "pay czar" will soon decide whether top executives at firms that received the most assistance from the government during last year's financial crisis are making too much money.</description><pubDate>Tue, 20 Oct 2009 18:58:00 EDT</pubDate></item><item><title>Golden quarter for Goldman Sachs</title><link>http://money.cnn.com/2009/10/15/news/companies/goldman.profit.fortune/index.htm</link><guid>http://money.cnn.com/2009/10/15/news/companies/goldman.profit.fortune/index.htm</guid><description>The Goldman Sachs steamroller keeps chugging along.</description><pubDate>Thu, 15 Oct 2009 20:31:00 EDT</pubDate></item><item><title>AIG bonuses in the cross hairs</title><link>http://money.cnn.com/2009/10/14/news/companies/aig_bonuses_hearing/index.htm</link><guid>http://money.cnn.com/2009/10/14/news/companies/aig_bonuses_hearing/index.htm</guid><description>Congress is resurfacing its outrage over AIG's bonuses after a report detailed the vast scope and scale of the troubled insurer's executive compensation plan.</description><pubDate>Wed, 14 Oct 2009 16:56:00 EDT</pubDate></item><item><title>U.S. wants AIG bonuses curtailed</title><link>http://money.cnn.com/2009/10/13/news/companies/aig_bonuses/index.htm</link><guid>http://money.cnn.com/2009/10/13/news/companies/aig_bonuses/index.htm</guid><description>The Treasury Department, after missing an opportunity to rein in controversial bonuses to AIG employees last year, is now pressing the bailed out insurer to reduce a $198 million bonus pool, according to an overseer's report released Tuesday.</description><pubDate>Tue, 13 Oct 2009 22:40:00 EDT</pubDate></item><item><title>AIG chief gets OK for $10.5 million pay package</title><link>http://money.cnn.com/2009/10/06/news/companies/aig_pay_feinberg/index.htm</link><guid>http://money.cnn.com/2009/10/06/news/companies/aig_pay_feinberg/index.htm</guid><description>AIG Chief Executive Robert Benmosche's $10.5 million annual pay package has been formally approved by Obama administration pay czar Kenneth Feinberg.</description><pubDate>Tue, 06 Oct 2009 17:30:00 EDT</pubDate></item><item><title>BofA CEO: $53 million retirement score</title><link>http://money.cnn.com/2009/10/01/news/newsmakers/lewis.payout.fortune/index.htm</link><guid>http://money.cnn.com/2009/10/01/news/newsmakers/lewis.payout.fortune/index.htm</guid><description>Ken Lewis doesn't have a golden parachute, but he's all set for a comfortable landing -- unlike his long-suffering shareholders.</description><pubDate>Fri, 02 Oct 2009 14:25:00 EDT</pubDate></item><item><title>These nonprofit CEOs are getting raises</title><link>http://money.cnn.com/2009/09/29/news/companies/nonprofit_salary/index.htm</link><guid>http://money.cnn.com/2009/09/29/news/companies/nonprofit_salary/index.htm</guid><description>Nonprofit CEOs didn't feel the economic pinch in 2008 despite charitable giving having declined for the first time since 1987.</description><pubDate>Tue, 29 Sep 2009 17:48:00 EDT</pubDate></item><item><title>Wall Street bonuses poised to rebound</title><link>http://money.cnn.com/2009/09/28/news/companies/wall_street_bonuses/index.htm</link><guid>http://money.cnn.com/2009/09/28/news/companies/wall_street_bonuses/index.htm</guid><description>With Wall Street continuing to recover, so are the prospects for this year's bonus season.</description><pubDate>Mon, 28 Sep 2009 20:41:00 EDT</pubDate></item><item><title>Get your old salary back!</title><link>http://money.cnn.com/2009/09/24/news/economy/salary_reinstated/index.htm</link><guid>http://money.cnn.com/2009/09/24/news/economy/salary_reinstated/index.htm</guid><description>Back in April, William Stickney got some unwelcome news. His employer was cutting his salary by 10%.</description><pubDate>Fri, 25 Sep 2009 15:24:00 EDT</pubDate></item><item><title>Execs make bank while stocks tank</title><link>http://money.cnn.com/2009/09/24/news/economy/corporate_library_executive_compensation/index.htm</link><guid>http://money.cnn.com/2009/09/24/news/economy/corporate_library_executive_compensation/index.htm</guid><description>Compensation for top executives at many of the nation's largest publicly traded firms was essentially unchanged last year, even as the stock market plummeted, according to a study released Thursday.</description><pubDate>Thu, 24 Sep 2009 21:55:00 EDT</pubDate></item><item><title>Getting serious on CEO pay</title><link>http://money.cnn.com/2009/09/21/news/companies/executive_compensation/index.htm</link><guid>http://money.cnn.com/2009/09/21/news/companies/executive_compensation/index.htm</guid><description>A handful of major corporations have agreed to change the way they pay their employees, as calls to reform executive compensation structures heat up.</description><pubDate>Mon, 21 Sep 2009 19:33:00 EDT</pubDate></item><item><title>The SEC gets neutered again</title><link>http://money.cnn.com/2009/09/15/news/companies/bofa_sec/index.htm</link><guid>http://money.cnn.com/2009/09/15/news/companies/bofa_sec/index.htm</guid><description>The outrage over big bonuses paid to Merrill Lynch employees is quickly becoming less a scandal for Bank of America and more of another black eye for Wall Street's top cop in Washington.</description><pubDate>Tue, 15 Sep 2009 22:23:00 EDT</pubDate></item><item><title>Judge rejects Merrill bonus settlement</title><link>http://money.cnn.com/2009/09/14/news/companies/bofa_sec/index.htm</link><guid>http://money.cnn.com/2009/09/14/news/companies/bofa_sec/index.htm</guid><description>A federal judge struck down a proposed settlement reached between Bank of America and federal regulators over outsized bonuses paid to Merrill Lynch employee.</description><pubDate>Mon, 14 Sep 2009 18:54:00 EDT</pubDate></item><item><title>Obamacare's winners and losers</title><link>http://money.cnn.com/2009/09/09/news/economy/obamacare_winners_losers.fortune/index.htm</link><guid>http://money.cnn.com/2009/09/09/news/economy/obamacare_winners_losers.fortune/index.htm</guid><description>This is the seventh installment in a series of health-care columns by Fortune's Shawn Tully.</description><pubDate>Fri, 11 Sep 2009 15:51:00 EDT</pubDate></item><item><title>Is health care the next 'bonusgate'?</title><link>http://money.cnn.com/2009/09/01/news/economy/health_insurers_ceo_pay/index.htm</link><guid>http://money.cnn.com/2009/09/01/news/economy/health_insurers_ceo_pay/index.htm</guid><description>Earlier this year, public outrage boiled over with news of eye-popping pay to top executives on Wall Street.</description><pubDate>Wed, 02 Sep 2009 15:50:00 EDT</pubDate></item><item><title>Cut my pay ... please!</title><link>http://money.cnn.com/2009/08/28/news/economy/paycuts/index.htm</link><guid>http://money.cnn.com/2009/08/28/news/economy/paycuts/index.htm</guid><description>Finding work in this recession takes determination, perseverance and, most of all, sacrifice.</description><pubDate>Wed, 02 Sep 2009 14:45:00 EDT</pubDate></item><item><title>AIG stock up 264% in August</title><link>http://money.cnn.com/2009/08/27/news/companies/aig_stock/index.htm</link><guid>http://money.cnn.com/2009/08/27/news/companies/aig_stock/index.htm</guid><description>AIG's stock closed at $47.84 on Thursday. At the start of the month, shares were trading at a mere $13.14.</description><pubDate>Thu, 27 Aug 2009 20:15:00 EDT</pubDate></item><item><title>Working on commission -- the challenges</title><link>http://www.cnn.com/2009/LIVING/worklife/08/26/cb.working.on.commission/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/LIVING/worklife/08/26/cb.working.on.commission/index.html#cnnSTCText</guid><description>Not everyone is suited for every job. For example, I'm in awe at anyone who works as a restaurant server.</description><pubDate>Wed, 26 Aug 2009 12:44:00 EDT</pubDate></item><item><title>BofA defends Merrill bonus settlement</title><link>http://money.cnn.com/2009/08/24/news/companies/bofa_merrill_bonuses/index.htm</link><guid>http://money.cnn.com/2009/08/24/news/companies/bofa_merrill_bonuses/index.htm</guid><description>Bank of America defended the fairness of a proposed $33 million settlement it struck with federal regulators over the Merrill Lynch bonus scandal, according to a federal court filing submitted Monday.</description><pubDate>Mon, 24 Aug 2009 21:47:00 EDT</pubDate></item><item><title>Banks: We need clarity on execs' pay</title><link>http://money.cnn.com/2009/08/19/news/companies/executive_compensation_survey/index.htm</link><guid>http://money.cnn.com/2009/08/19/news/companies/executive_compensation_survey/index.htm</guid><description>Banks that received bailout funds said they are trying to comply with executive pay curbs imposed by the Treasury Department, but the firms are worried about changing rules and an inability to keep top talent, according to a report relesed Wednesday by a TARP overseer.</description><pubDate>Wed, 19 Aug 2009 20:33:00 EDT</pubDate></item><item><title>AIG's new boss: $3 million salary ... plus</title><link>http://money.cnn.com/2009/08/17/news/companies/aig_ceo_salary/index.htm</link><guid>http://money.cnn.com/2009/08/17/news/companies/aig_ceo_salary/index.htm</guid><description>AIG's new boss will make an annual salary of $3 million and receive bonuses and stock options worth millions more, according to a company filing on Monday.</description><pubDate>Tue, 18 Aug 2009 12:30:00 EDT</pubDate></item><item><title>Bigger paychecks on a comeback</title><link>http://money.cnn.com/2009/08/13/news/economy/employers_reversing_pay_cuts/index.htm</link><guid>http://money.cnn.com/2009/08/13/news/economy/employers_reversing_pay_cuts/index.htm</guid><description>More employers are planning to reverse pay cuts and other employee cutbacks, another sign that the employment picture is improving, according to a survey released Thursday.</description><pubDate>Thu, 13 Aug 2009 19:54:00 EDT</pubDate></item><item><title>Bailed-out banks: Meet the pay czar</title><link>http://money.cnn.com/2009/08/13/news/economy/compensation_treasury/index.htm</link><guid>http://money.cnn.com/2009/08/13/news/economy/compensation_treasury/index.htm</guid><description>Just how much is a rainmaker at a bailed-out bank really worth? Or a senior executive at a recently bankrupt automaker for that matter?</description><pubDate>Thu, 13 Aug 2009 17:16:00 EDT</pubDate></item><item><title>AIG: $2.4 million in bonuses on hold</title><link>http://money.cnn.com/2009/07/23/news/companies/aig_bonuses_treasury/index.htm</link><guid>http://money.cnn.com/2009/07/23/news/companies/aig_bonuses_treasury/index.htm</guid><description>Troubled insurer AIG did not pay $2.4 million in bonuses scheduled to be delivered to top executives on July 15, according to a Treasury official nominee.</description><pubDate>Wed, 05 Aug 2009 14:32:00 EDT</pubDate></item><item><title>BofA to pay $33M fine over Merrill bonuses</title><link>http://money.cnn.com/2009/08/03/news/companies/bank_of_america_sec/index.htm</link><guid>http://money.cnn.com/2009/08/03/news/companies/bank_of_america_sec/index.htm</guid><description>The Securities and Exchange Commission filed charges Monday against Bank of America for misleading investors about billions of dollars in bonuses paid to top executives at Merrill Lynch following its purchase of the brokerage giant.</description><pubDate>Mon, 03 Aug 2009 19:31:00 EDT</pubDate></item><item><title>Overqualified and underpaid workers</title><link>http://money.cnn.com/2009/07/30/news/economy/overqualified_underpaid/index.htm</link><guid>http://money.cnn.com/2009/07/30/news/economy/overqualified_underpaid/index.htm</guid><description>These days finding a job requires sacrifice -- something employers are taking full advantage of.</description><pubDate>Fri, 31 Jul 2009 17:51:00 EDT</pubDate></item><item><title>No profits? Here's a fat bonus!</title><link>http://money.cnn.com/2009/07/30/news/companies/bonuses_tarp/index.htm</link><guid>http://money.cnn.com/2009/07/30/news/companies/bonuses_tarp/index.htm</guid><description>Even as top banks delivered abysmal performances last year, they still managed to pay out billions of dollars employee bonuses, according to a study published Thursday by New York Attorney General Andrew Cuomo.</description><pubDate>Thu, 30 Jul 2009 19:03:00 EDT</pubDate></item><item><title>'Say on pay' moves full speed ahead</title><link>http://money.cnn.com/2009/07/28/news/companies/compensation_executives/index.htm</link><guid>http://money.cnn.com/2009/07/28/news/companies/compensation_executives/index.htm</guid><description>It may not be long before shareholders have more control over how much money top executives across the country make.</description><pubDate>Tue, 28 Jul 2009 18:13:00 EDT</pubDate></item><item><title>Pay raises will be bigger - next year</title><link>http://money.cnn.com/2009/07/22/news/economy/pay_raises/index.htm</link><guid>http://money.cnn.com/2009/07/22/news/economy/pay_raises/index.htm</guid><description>Pay raises are expected to rebound next year after being severely stunted by the recession, a new survey showed Wednesday.</description><pubDate>Thu, 23 Jul 2009 14:52:00 EDT</pubDate></item><item><title>Goldman Sachs scores big in latest quarter</title><link>http://money.cnn.com/2009/07/14/news/companies/goldman_sachs/index.htm</link><guid>http://money.cnn.com/2009/07/14/news/companies/goldman_sachs/index.htm</guid><description>Goldman Sachs proved that it was well on its way towards making a full recovery from last fall's crisis, after its latest quarterly results shattered even the most bullish of expectations on Tuesday.</description><pubDate>Tue, 14 Jul 2009 21:56:00 EDT</pubDate></item><item><title>AIG bonuses: $235 million to go</title><link>http://money.cnn.com/2009/07/10/news/companies/aig_bonuses/index.htm</link><guid>http://money.cnn.com/2009/07/10/news/companies/aig_bonuses/index.htm</guid><description>Bailed-out insurer AIG again found itself in the crosshairs of bonus rage on Friday over its plans to pay $2.4 million in executive bonuses next week.</description><pubDate>Fri, 10 Jul 2009 18:07:00 EDT</pubDate></item><item><title>Creative ways to avoid layoffs</title><link>http://www.cnn.com/2009/LIVING/worklife/07/06/employer.recession.cb/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/LIVING/worklife/07/06/employer.recession.cb/index.html#cnnSTCText</guid><description>Entering the third quarter, employers everywhere are still feeling the effects of the current economic climate.</description><pubDate>Mon, 06 Jul 2009 13:27:00 EDT</pubDate></item><item><title>Citigroup pumping up paychecks</title><link>http://money.cnn.com/2009/06/24/news/companies/citigroup_salaries/index.htm</link><guid>http://money.cnn.com/2009/06/24/news/companies/citigroup_salaries/index.htm</guid><description>Bailed out financial giant Citigroup said Wednesday it is going to the raise base salaries of its employees, although it is not planning to increase their total compensation.</description><pubDate>Wed, 24 Jun 2009 15:07:00 EDT</pubDate></item><item><title>Brain drain takes toll at Citi and BofA</title><link>http://money.cnn.com/2009/06/23/news/companies/banks_talent/index.htm</link><guid>http://money.cnn.com/2009/06/23/news/companies/banks_talent/index.htm</guid><description>The so-called brain drain that big banks have worried about ever since the government stepped in to bail out the financial sector appears to be well underway.</description><pubDate>Tue, 23 Jun 2009 15:50:00 EDT</pubDate></item><item><title>Dare you ask for a raise now?</title><link>http://money.cnn.com/2009/06/11/news/economy/ask.for.raise.fortune/index.htm</link><guid>http://money.cnn.com/2009/06/11/news/economy/ask.for.raise.fortune/index.htm</guid><description>Dear Annie: I know this probably sounds nutty, with so many companies cutting pay or freezing pay in order to avoid layoffs (or, further layoffs), but I'm thinking of asking for a raise. First of all, my employer has not cut or frozen anyone's pay -- at least not to my knowledge. However, we have had layoffs here, so I'm now doing the work three people used to do.</description><pubDate>Fri, 12 Jun 2009 15:00:00 EDT</pubDate></item><item><title>White House proposes new pay legislation</title><link>http://money.cnn.com/2009/06/10/news/companies/compensation_geithner/index.htm</link><guid>http://money.cnn.com/2009/06/10/news/companies/compensation_geithner/index.htm</guid><description>The Obama administration moved forward Wednesday on curbing runaway corporate pay practices, proposing new legislation aimed at giving shareholders a greater voice on executive pay and appointing a new so-called "pay czar."</description><pubDate>Wed, 10 Jun 2009 22:05:00 EDT</pubDate></item><item><title>Why bonuses for bankers are a good thing</title><link>http://money.cnn.com/2009/05/26/news/economy/bonuses.breakingviews/index.htm</link><guid>http://money.cnn.com/2009/05/26/news/economy/bonuses.breakingviews/index.htm</guid><description>Shoot-from-the-hip legislators are getting what they asked for -- the slow death of the Wall Street bonus. But that's not necessarily a good thing. While bonuses became something of a dangerous entitlement over the past few fat years, the incentive-based pay schemes common to the financial industry had many virtues.</description><pubDate>Tue, 26 May 2009 17:15:00 EDT</pubDate></item><item><title>How to solve the financial crisis</title><link>http://money.cnn.com/2009/05/18/pf/Robert_frank.moneymag/index.htm</link><guid>http://money.cnn.com/2009/05/18/pf/Robert_frank.moneymag/index.htm</guid><description>As a writer and an economics professor at Cornell University, Robert Frank has been trying for years to bridge the gap between the classroom and the real world. Though he has proved his command of the essentials of his profession - he wrote a textbook with Federal Reserve Board chief Ben Bernanke back in 2000 - his vision of economics is broader and more thought-provoking than most.</description><pubDate>Tue, 19 May 2009 10:00:00 EDT</pubDate></item><item><title>AIG 'bonusgate': Lessons learned</title><link>http://money.cnn.com/2009/05/14/news/companies/aig_bonuses/index.htm</link><guid>http://money.cnn.com/2009/05/14/news/companies/aig_bonuses/index.htm</guid><description>The furor over AIG's controversial bonuses is boiling over again.</description><pubDate>Thu, 14 May 2009 21:56:00 EDT</pubDate></item><item><title>Report: Some at U.S. diplomatic posts earn less than $1 a day</title><link>http://www.cnn.com/2009/POLITICS/05/13/state.employees.pay/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/05/13/state.employees.pay/index.html#cnnSTCText</guid><description>A new State Department report says some local employees hired by U.S. embassies and other posts around the world are so poorly paid they have to cut back to one meal a day or send their children to peddle on the streets.</description><pubDate>Thu, 14 May 2009 02:03:00 EDT</pubDate></item><item><title>Chrysler financing arm rejects U.S. aid</title><link>http://money.cnn.com/2009/04/20/news/companies/chrysler_bailout/index.htm</link><guid>http://money.cnn.com/2009/04/20/news/companies/chrysler_bailout/index.htm</guid><description>Chrysler Financial turned down additional government funding this month because executives at the financing arm of the troubled auto manufacturer could not agree to new government-mandated limits on executive pay, according to a source familiar with the matter.</description><pubDate>Tue, 21 Apr 2009 02:20:00 EDT</pubDate></item><item><title>Peter King: NFLPA's Smith prepares to battle owners</title><link>http://sportsillustrated.cnn.com/2009/writers/peter_king/04/14/mail/index.html</link><guid>http://sportsillustrated.cnn.com/2009/writers/peter_king/04/14/mail/index.html</guid><description>I had the chance to sit with the new executive director of the NFL Players Association, DeMaurice Smith, for three hours in Washington last week. I liked him. He's personable, he listens, he makes good arguments ... and, more importantly, he's a huge football fan. He loves the game, and it's going to be tough for him to tear himself away from his beloved Redskins and become a fan of all 32 teams. But to me that's a good thing. He's excited about meeting the men he's watched on TV over the years and was tickled that Peyton Manning was trying to reach out to him last week to congratulate him on the new job.</description><pubDate>Tue, 14 Apr 2009 20:21:00 EDT</pubDate></item><item><title>Last year's top CEO paycheck: $104 million</title><link>http://money.cnn.com/2009/04/05/news/top_ceo_pay/index.htm</link><guid>http://money.cnn.com/2009/04/05/news/top_ceo_pay/index.htm</guid><description>As the economy melted down last year, so did CEO paychecks. The average compensation for 200 chief executives at America's largest public companies fell 5.1% last year to $10.8 million, according to a survey published Sunday by the New York Times and research firm Equilar. The decline marked the first time in five years that top executives' pay packages shrank compared to the year before.</description><pubDate>Mon, 06 Apr 2009 17:18:00 EDT</pubDate></item><item><title>Does Wall Street need bonuses now?</title><link>http://money.cnn.com/2009/03/26/news/economy/wall.street.fortune/index.htm</link><guid>http://money.cnn.com/2009/03/26/news/economy/wall.street.fortune/index.htm</guid><description>The idea that anyone on Wall Street deserves anything but 40 lashes in the way of pay is a not-uncommon view these days. Speaking about some $165 million in bonuses AIG awarded to employees after the company received $170 billion in federal funding, Rep. Barney Frank, D-Mass., said it was "almost extortion, where they said, 'We know what you need to know and we will quit if you don't bribe us.' " The Street is in such dismal shape, why would anyone who still works there need a bonus to stay on board?</description><pubDate>Thu, 26 Mar 2009 18:08:00 EDT</pubDate></item><item><title>Lawmakers lash out over AIG</title><link>http://money.cnn.com/2009/03/24/news/economy/geithner_bernanke_hearing/index.htm</link><guid>http://money.cnn.com/2009/03/24/news/economy/geithner_bernanke_hearing/index.htm</guid><description>The officials managing the bailout of AIG, facing an onslaught of questions from angry lawmakers Tuesday, said the government had no choice but to effectively seize control of the troubled insurer last September and asked for more power to prevent a similar collapse in the future.</description><pubDate>Tue, 24 Mar 2009 18:27:00 EDT</pubDate></item><item><title>War over AIG bonuses dies down</title><link>http://money.cnn.com/2009/03/24/news/economy/bonus_tax_onsecondthought/index.htm</link><guid>http://money.cnn.com/2009/03/24/news/economy/bonus_tax_onsecondthought/index.htm</guid><description>Legislation to impose a bonus tax -- thrown together in record time last week -- has hit a wall.</description><pubDate>Tue, 24 Mar 2009 17:58:00 EDT</pubDate></item><item><title>Geithner: I should have known about bonus problems sooner</title><link>http://www.cnn.com/2009/POLITICS/03/19/aig.bonuses.congress/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/03/19/aig.bonuses.congress/index.html#cnnSTCText</guid><description>Treasury Secretary Timothy Geithner confirmed Thursday that the department did talk to Sen. Chris Dodd about a clause he put forth in the stimulus legislation that would have strictly limited executive bonuses.</description><pubDate>Fri, 20 Mar 2009 02:05:00 EDT</pubDate></item><item><title>Ex-AIG chief says no restrictions on bonuses</title><link>http://www.cnn.com/2009/POLITICS/03/18/aig.greenberg/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/03/18/aig.greenberg/index.html#cnnSTCText</guid><description>The ex-CEO of the battered insurance and financial services company AIG said Wednesday the bonus plan for executives at his old firm was slipshod in recent years, with employees frequently leaving after receiving retention bonuses.</description><pubDate>Thu, 19 Mar 2009 14:48:00 EDT</pubDate></item><item><title>Geithner: AIG must pay back bonus money</title><link>http://www.cnn.com/2009/POLITICS/03/18/aig.bonuses/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/POLITICS/03/18/aig.bonuses/index.html#cnnSTCText</guid><description>Insurance giant AIG will have to return to the Treasury Department the $165 million it just paid out in executive bonuses, Treasury Secretary Timothy Geithner said Tuesday in a letter to congressional leaders.</description><pubDate>Wed, 18 Mar 2009 04:17:00 EDT</pubDate></item><item><title>More bonus fallout for AIG, Treasury</title><link>http://money.cnn.com/2009/03/17/news/companies/aig_bonuses/index.htm</link><guid>http://money.cnn.com/2009/03/17/news/companies/aig_bonuses/index.htm</guid><description>The fallout continued Tuesday over $165 million in bonus payments paid to executives by bailed-out insurer American International Group.</description><pubDate>Wed, 18 Mar 2009 03:18:00 EDT</pubDate></item><item><title>Chris Dodd wants to scrap your bonus</title><link>http://money.cnn.com/2009/03/06/magazines/fortune/colvin_bonus.fortune/index.htm</link><guid>http://money.cnn.com/2009/03/06/magazines/fortune/colvin_bonus.fortune/index.htm</guid><description>When Senator Chris Dodd, (D-Connecticut) crammed what he dubbed "tough new limits" on "lavish Wall Street bonuses" into the stimulus package, he may have created a bigger problem for the economy than the one he was trying to solve. The reason? His plan inadvertently rewards nonperformance and will drive talented financiers away from the companies that need them most.</description><pubDate>Fri, 06 Mar 2009 14:19:00 EST</pubDate></item><item><title>Iraqi lawmakers pass budget with salary cuts</title><link>http://www.cnn.com/2009/WORLD/meast/03/06/iraq.budget/index.html#cnnSTCText</link><guid>http://www.cnn.com/2009/WORLD/meast/03/06/iraq.budget/index.html#cnnSTCText</guid><description>Iraq's parliament has passed a $58.8 billion budget for 2009 after cutting $3.2 billion from government spending because of weak oil prices, a Iraqi lawmaker said.</description><pubDate>Fri, 06 Mar 2009 14:06:00 EST</pubDate></item><item><title>Angry shareholders demand change</title><link>http://money.cnn.com/2009/02/25/news/companies/proxy_season/index.htm</link><guid>http://money.cnn.com/2009/02/25/news/companies/proxy_season/index.htm</guid><description>At long last, angry shareholders may finally have their day.</description><pubDate>Fri, 27 Feb 2009 13:38:00 EST</pubDate></item></channel></rss>