Make CEOs Take Pay Cuts
If firms are feeling the pinch of economic pressure, then executives should share in their employees’ sacrifices @newrepublic by Boen Wang #executivepay #recession
FTSE 100 chief executives received an average pay rise of 16% last year, taking their median pay to £3.9m, up from £3.4m in 2021 (from research by the High Pay Centre thinktank published today).
Meanwhile the Bank of England continues to urge pay restraint on their employees as wealth continues to flow upwards.
#ExecutivePay #Greedflation #UKPolitics
#ukpolitics #greedflation #executivepay
Again, if we could simply reimburse healthcare providers for, y’know, providing care, and cut out the costs of #insurance, we’d be able to make this work so much better.
#ManagedCareSpecialists #Denials #PriorAuth #PeerToPeer #ExecutivePay All the infrastructure costs So Much Money.
#insurance #managedcarespecialists #denials #priorauth #peertopeer #executivepay
The head of the London Stock Exchange thinks that UK firms need to pay their executives more(!!) to stop firms listing in the USA stockmaket...
talk about a tin ear;
as the FT notes:
'Yet the cost of living crisis has put a focus on the widening gulf in pay between the top & bottom ranks of companies. The High Pay Centre & TUC research estimates that median FTSE 100 chief #executivepay in 2021 was 109 times that of the median full-time worker, up from 79 times in 2020 and 107 times in 2019.
Live Nation CEO Michael Rapino’s Total Pay Jumps to $139M in 2022
Check it out! 👇
https://www.billboard.com/pro/live-nation-ceo-michael-rapino-total-pay-2022/
#Ticketmaster #MichaelRapino #LiveNation #Finance #ExecutivePay #Touring #Business
#Ticketmaster #michaelrapino #LiveNation #finance #executivepay #touring #business
UMG Chairman/CEO Lucian Grainge Signs Five-Year Contract Extension
Check it out! 👇
https://www.billboard.com/pro/universal-music-ceo-lucian-grainge-five-year-contract-extension/
#UniversalMusicGroup #LucianGrainge #ExecutivePay #RecordLabels #Business
#universalmusicgroup #luciangrainge #executivepay #recordlabels #business
AbbVie's Humira, 5 Pfizer drugs among those with price hikes that exceeded inflation rate — Amgen is sued for concealing $10.7 billion tax bill from investors— In his first year as Johnson & Johnson CEO, Duato scored $13.1M payout -- See more on our front page news http://bit.ly/w28kSd #abbvie #pfizer #humira #drugpricing #inflation #taxes #amgen #legal #jnj #executivepay #ceos #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma
#abbvie #pfizer #humira #drugpricing #inflation #taxes #amgen #legal #jnj #executivepay #ceos #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma
FDA advisers question efficacy of Roche’s Polivy in first line LBCL— Amid major restructuring, Novartis CEO Narasimhan’s 2022 pay fell by more than a quarter — Merck KGaA makes its Foundry data tools available for free-- See more on our front page news http://bit.ly/w28kSd #fda #roche #lbcl #restructuring #novartis #ceos #executivepay #merckkgaa #opensource #datatools #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma
#FdA #roche #lbcl #restructuring #novartis #ceos #executivepay #merckkgaa #opensource #datatools #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma
#Sony might have to reveal what it pays for exclusives, court says
#ExecutivePay
https://kotaku.com/playstation-xbox-exclusive-exclusivity-reveal-cost-pay-1850181632
Research on the link between #managers & #productivity by LSE Prof John van Reenan suggests around a 1/3 of gap between firms' (countries') levels of productivity is attributable to #management not structural/market issues.
Despite high #executivepay in UK, our stagnant productivity 'growth' can be partly laid at the door of rubbish managers... I've said it before but financial management modes that treat #workers as a cost to be reduced are part of this problem!
h/t Phillip Inman (Observer)
#managers #productivity #management #executivepay #workers
I don't think many nonprofit admins follow me here, but I'm just going to put this out there: If you want my donations, don't overpay your executives. I just gave a nice chunk of cash to Radio Ambulante in part because founder & host Daniel Alarcon, gets a solid but not crazy salary, under USD 150k. I no longer give to WNYC, where the president gets $750k+. #Nonprofit #charity #donations #ExecutivePay #solidarity #PayReporters
#nonprofit #charity #donations #executivepay #Solidarity #payreporters