“Top administrators and investment managers at the California Public Employees’ Retirement System were awarded $4.5 million in bonuses, averaging 41% of their base salaries for the year that ended June 30,” according to a report in the Los Angeles Times. (CalPERS awards $4.5 million in bonuses to managers, 10/8/2011) The bonuses ranged from a high […]
Tag Archives | bonuses
$4.5 Million in Bonuses at CalPERS
James McRitchie, 10/08/2011 ,
“Top administrators and investment managers at the California Public Employees’ Retirement System were awarded $4.5 million in bonuses, averaging 41% of their base salaries for the year that ended June 30,” according to a report in the Los Angeles Times. (CalPERS awards $4.5 million in bonuses to managers, 10/8/2011) The bonuses ranged from a high […]
Swiss May Limit CEO Pay
James McRitchie, 01/05/2011 ,
Disgusted with the how much CEOs are paid in comparison to the average worker? In Switzerland they are using the referendum process to address the issue head on. Thomas Minder, CEO of Trybol Cosmetics launched his campaign in October 2006 and collected nearly 118,600 to bring bring about a national referendum on remuneration. Minder, who […]
CalPERS Bonuses
James McRitchie, 10/29/2010 ,
The AP’s Cathy Bussewitz has done a very good job on a topic that I warned needed more attention. (AP Investigation: Calif. pension bonuses examined, 10/21/2010) CalPERS’ plunging value came as stock values tumbled around the world, the state’s economy suffered its worst decline in decades and basic state services faced severe budget cuts. Virtually […]
CalPERS Bonuses
James McRitchie, 09/21/2010 ,
The AP’s Cathy Bussewitz has done a very good job on a topic that I warned needed more attention. (AP Investigation: Calif. pension bonuses examined, 10/21/2010) CalPERS’ plunging value came as stock values tumbled around the world, the state’s economy suffered its worst decline in decades and basic state services faced severe budget cuts. Virtually […]