New GM CEO Akerson To Receive $9M Pay Package

GM’s new CEO Dan Akerson’s compensation package for the next 3 years has just been filed with the SEC.  It outlines a total of $9 million dollars to be paid through a combination of salary and stock options. Mr. Akerson is replacing Ed Whitacre who has led General Motors through bankruptcy and the subsequent bailout […]

BILL FORD RETROACTIVELY PAID FOR WORK AS CHAIRMAN

By Mark Kleis Ford Motor Company’s executive chairman, Bill Ford Jr., vowed five years ago not to take any payment from the automaker that bears his name until the company’s automotive sector achieved a full year of profitability without the aid of special items. Following five consecutive quarters of profitable growth, Bill Ford Jr. will finally end his […]

Compensation Tips: Everything is Negotiable

By Linda Jenkins, Salary.com It’s all negotiable. Every new job — every performance review, in fact — is an opportunity to negotiate base salary, various kinds of bonuses, benefits, stock options, and other incentives that add to job satisfaction and provide financial security. Taking control of your job search and conducting a smart search that […]

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