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Careers Executive Compensation

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    Keep track of what Obama has been doing since taking office:

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    The ravages of the recession now reach to every page and every section of newspapers - the stories are relentless, with nary a bright spot. Doom and desperation abound.

  • This week’s news that the city plans to spend $45 million to retrain jobless Wall Street executives may, understandably, have been met with less than sobs of gratitude in that demographic. After all, as the happily divorced like to say, stick a fork in a toaster once, it’s an accident. But a second time?

  • It appears that lawmakers are bent on pay caps for banks that use TARP money. It's become a hot issue.

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    A company without a coherent strategy for finding and placing interns is one that isn't identifying the best of the vast talent pool currently bubbling at colleges all across the country, and therefore isn't likely to benefit from it in future.

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    President Obama's much-anticipated plan to deal with the U.S. housing crisis aims to help as many as 9 million families avoid foreclosure on their homes.

  • Credit checks of job applicants, bonus formulas and retirement -- all antiquated ideas in this brave new world.

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    Individuals aren’t the only ones dealing with the range of emotions that a job loss can ignite: shock, fear, paralysis, disappointment, anxiety, and more.

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    Here's the question: your company has cut discretionary costs and has laid off a group of workers, but still needs to cut more. Your choice is between cutting pay and requiring a furlough. What's an executive to do?

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    President Obama's much-anticipated plan to deal with the U.S. housing crisis aims to help as many as 9 million families avoid foreclosure on their homes, one of the root causes of the global financial meltdown.

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    In a few short weeks, approximately 1.5 million kids will graduate from American colleges and universities, the largest graduating class in history.

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    As the blogosphere lights up about Bud Selig's $18.35 million salary, we've confirmed that NFL commissioner Roger Goodell will freeze his 2009 salary at $11 million. The commissioner will also take a voluntary 20 to 25 percent cut off his 2008 total compensation.

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    The third most popular topic of discussion these days — after layoffs, of course, and unscrupulous money managers that create near-worthless portfolios for their investors — is out-of-control executive compensation.

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    The U.S. Congress was expected to pass a $789 billion economic stimulus package aimed at unleashing large spending and tax cuts to help yank the economy out of a 14-month recession.

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    US lawmakers prepared Thursday to pass a $789 billion stimulus package to revive the struggling economy in a victory for President Barack Obama that some warned may have costly consequences.

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    If you’ve recently faced a layoff or cutback at your job, there’s a lot you can do at the executive level in the realm of volunteering that will help others while (as a bonus), simultaneously serving as a resume-builder in the meantime.

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    Banking leaders who benefited from a federal bailout are bringing a message of accommodation and gratitude to Congress, hoping for a better reception than the one given Treasury Secretary Timothy Geithner.

  • Recently at dinner when the food arrived, the baked potato was cold, and the broth from the stew had evaporated - or, I could only hope, been stolen. A manager stopped by to check on things. We told her the story about dinner. She looked sad.

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    The Obama administration's financial-rescue plan contains a number of measures meant to ease the credit crunch, including a public-private initiative to take bad assets off of banks' balance sheets.

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    A resume is required for a job search but is also useful even if you stay just where you are. By forcing yourself to write your resume, you conduct an audit of your career to date.