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Performance-Based Pay

Wall Street's Bonus Pool Gets More Shallow

February 29, 2012
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New York State Comptroller Thomas DiNapoli wades in with his annual tally, estimating a 14% reduction in Wall Street bonuses last year, to $19.7 billion. That's a kiddie pool compared to 2006's Olympic-sized $34.3 billion payout.
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GM to Phase Out Salaried Pensions, Shift Workers to 401(k) Plan

February 15, 2012
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About 70 percent of General Motors' 26,000 salaried U.S. workers are enrolled in a defined benefit, or traditional, pension plan. Those workers will be shifted to a 401(k) plan starting on Oct. 1, said Cindy Brinkley, GM's vice president of global human resources.
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Selling Cars Online Is More than a Typical Sales Job

February 2, 2012
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Moving from the showroom to the Internet desk can be a tough transition for a salesperson. Internet car sales require a different skill set from showroom car sales. But if a salesperson succeeds, the payoff is sizable.
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Comp and Circumstance: TD Executives Get Big Boost in Total Pay

January 6, 2012
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The investment company's total pay figures, disclosed in a proxy statement filed yesterday with the Securities and Exchange Commission, include both cash compensation and stock awards.
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Out-of-State Workers Due Overtime for California Work: Appeals Court

December 14, 2011
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The case involving three employees of Redwood Shores, California-based Oracle, who lived in Colorado and Arizona but also worked in California and elsewhere. The employees, classified as instructors by Oracle, trained customers to use Oracle software.
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Survey: HR Expecting Higher Bonuses Ahead

November 2, 2011
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Human resources executives are by far the most optimistic group of professionals regarding extra pay surveyed by Robert Half, which polled the bonus expectations of people in such occupations as accounting, technology, law and advertising.
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A Bad Place to Be: In Denial About What Workers Want

October 27, 2011
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Employers are burying their heads in the sand on job security and work stress—at their own peril.
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Despite Complaints, Labor Department Nixes Additional Fees for 401(k) Advisers

October 24, 2011
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The agency finalizes controversial rule calling for level-fee arrangements; the new scheme also greenlights computer models.
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UAW Says GM Workers Ratify Labor Contract By 2-to-1 Margin

September 28, 2011
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Under the pact, the automaker's 48,000 hourly workers have traded the promise of generous pay and benefits for job security and compensation gains that are more closely tied to the automaker's health, profitability and quality advances.
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Companies Ready to Tackle Changes Must Use Kid Gloves

September 27, 2011
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As the economy continues experiencing growing pains, more organizations are revamping their compensation programs.
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