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Tag Archives: compensation

Many federal workers out-earn private sector labor

WASHINGTON — The average federal worker earns about 2 percent more than a private sector worker in a comparable profession, though the government’s generous pension system means that overall compensation is significantly higher, a government study released Monday said. Once ...

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Brody, Manning and Daniels highest-paid private college leaders (access required)

William R. Brody of the Johns Hopkins University in Baltimore was the second highest-paid president of a private college in the United States in 2009, according to a list published Monday by the Chronicle of Higher Education. Brody was the ...

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Former CareFirst CEO William Jews will receive entire $18M severance (access required)

Former CareFirst Inc. CEO William L. Jews will receive his entire $18 million severance package after the state’s highest court on Monday declined to hear an appeal from the Maryland Insurance Administration. The Court of Appeals’ decision ends a legal ...

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Constellation deal doesn’t have change of control payments (access required)

A few years ago, during the last effort to sell Constellation Energy Group Inc., CEO Mayo A. Shattuck III stood to make nearly $50 million under a clause in his employment contract dealing with change of ownership at the company. ...

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Southwest CEO 2010 compensation more than doubled

Southwest Airlines Co., BWI’s largest carrier, more than doubled the compensation for its CEO last year, to nearly $3.4 million, thanks mainly to a stock award worth $1.8 million. Gary C. Kelly was rewarded for a big jump in Southwest’s income ...

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Gansler: Victim compensation fund is speculative

State attorneys general and major mortgage lenders are a “long way” from reaching a settlement in the prosecutors’ investigation of “robo-signing” and other alleged activities that have brought the legitimacy of thousands of foreclosures into question, Maryland Attorney General Douglas ...

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It’s time to correct those 409A mistakes (access required)

Many hospital administrators, doctors and others have severance or other deferred compensation arrangements. Unfortunately, many of these arrangements may inadvertently violate something called Section 409A of the Internal Revenue Code, because they were created before 409A came into existence or ...

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