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European banks work around compensation constraints

About a year ago, I wrote about the new restrictions the EU imposed on banker bonuses, i.e., limited to two times their salaries. I predicted that bankers, being better versed than legislators on how money works, would likely nominally raise salaries, then claw back a portion of that nominal salary based on performance. One year later, it appears that is pretty much what Goldman Sachs and Barclays (at least) are doing: Read more...

Hodak Events

Marc was published in Directors & Boards.

DBAR14 Cover ToC

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Read Gregory Millman's Wall Street Journal Articles quoting Marc:

How Skimping on CEO Pay Can Drive Pubic Company Underperformance &

The Morning Risk Report: High-Performing Businesses Ignore Pay Critics

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Read Marc's opinion about the WalMart board where he is quoted here by Patricia O'Connell for Advisen Risk Network.

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Learn more about Marc's expetise by watching videos from ethicalsystems.org on his speaker page.  He is also a regular contributor, see more here.

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Watch Marc's speech "Hot-Button Pay Issues for 2014" from the CEO Netweavers Directors meeting in Dallas, TX.

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