Corporate Directors Get More Cash

Corporate Directors Get More Cash

The Big Number: $227K That was the median pay for outside directors at large companies last year. Corporate directors are literally getting more cash. The 500 largest U.S. companies paid their outside directors a median $227,000 for their board service last year, up...
IBM to Move Retirees Off Health Plan

IBM to Move Retirees Off Health Plan

Big Blue’s Health-Exchange Move Ends Once-Common Benefit International Business Machines Corp. IBM +1.02% plans to move about 110,000 retirees off its company-sponsored health plan and instead give them a payment to buy coverage on a health-insurance exchange,...
Execs put on “Top Hat” plans

Execs put on “Top Hat” plans

Nonqualified deferred-compensation plans are growing again in response to last year’s expiration of Bush-era tax cuts, which effectively increased income taxes on high-wage earners. The plans, often called “top hat” or “excess” plans, are offered to company...
Last Gasp for Stock Options?

Last Gasp for Stock Options?

Stock options are on the verge of extinction. The once-popular form of pay, which for decades enriched senior executives and sometimes turned secretaries into millionaires, is almost disappearing as companies gravitate toward restricted stock awards. The trend has...