Compensation

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Women More Likely To Bag $100,000 Jobs Despite Fewer Applications

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Studies have also shown women tend to accept job offers more quickly than men.

Hedge Fund Millennium Will Charge Fees Even When It Loses Money

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If Millennium loses money or returns less than 5%, it's still guaranteed fees equal to about 1% of client assets.

UBS Chief Hamers Gets 11% Pay Increase While Cutting Bonuses

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The pay award caps an uneven performance for Switzerland's largest bank.

Why The Ranks Of Women Advisors Are Finally Increasing

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Efforts by the CFP Board and others are finally paying dividends, experts say.

FSI Using 'All Tools' To Persuade DOL To Withdraw Independent Contractor Proposal

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The proposal could result in as many as a few hundred thousand dually registered advisors being reclassified to employees.

Credit Suisse Ordered To Pay Former Broker $1.3M For 2015 Termination

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A Finra panel found that brokers were wrongly forced to "resign" when the firm shuttered its advisory business in 2015.

How Workers Are Using New Salary Transparency Laws To Land Raises

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From New York City to California, pay ranges on job ads are giving people leverage and power in negotiations.

Credit Suisse Is Delaying Compensation Day For Some Of Its Bankers

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The Swiss lender is already cutting its overall bonus pool for 2022 by as much as 50%.

Asset Managers Must Adapt In Face Of New Challenges, EY Says

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Revenues are falling and clients are becoming more demanding, according to an EY report.

Goldman's Solomon Joins CEOs Taking Pay Cuts After Laying Off Thousands

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Executive compensation packages are in focus as top Silicon Valley and Wall Street CEOs slash jobs.

Ranks Of Quiet Quitters Climb As Layoffs Mount

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Surveys from Gallup and a human-resources association capture a hybrid workplace with growing confusion and distrust.

Dimon Says Remote Work 'Doesn't Work' For Younger Staff, Management

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The JPMorgan CEO also said remote work can “help women” with their caregiving duties.

Kitces 'Extremely Concerned' About Colorado's Treatment Of Subscription Fees

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The NextGen leader is meeting with regulators next week to ensure advisors charging planning-only fees aren't singled out.

Gender Pay Equity Progress Slowed By Family Leave, Study Says

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Family leave is disproportionately taken by women to the detriment of their careers, a new report says.

Inflation Means Big Raises Aren't Enough For Some Workers

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The job market has meant better pay for many Americans, but surging prices have eaten into the increased earnings.

Bonuses Shrink At Small Firms On Uncertain Outlook

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Year-end bonuses at US small and medium-size businesses fell 9.7% from 2021.

Here Are The Five Benefits U.S. Employees Want Most

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Benefits experts say employers need to offer more than a free lunch to find and keep workers.

Citi CEO Whisperer Nudges Wall Street Into Political Minefields

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Some of the measures she's endorsed aim to give Citigroup an edge in recruiting and retaining talent.

Most Americans Don't Think They're Paid Fairly, Survey Says

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These feelings have sharpened as record inflation has stressed budgets.

Wall Street Bonuses Duck NYC Pay Law Aimed At Fixing Wage Gaps

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The new law requires employers to make a “good faith” effort to post a salary range.

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