COMPENSATION - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/COMPENSATION News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Op-ed: Bonuses are making UTA better http://www.sltrib.com/sltrib/opinion/57836692-82/uta-board-compensation-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57836692-82/uta-board-compensation-percent.html.csp">Op-ed: Bonuses are making UTA better</a></h4> <span class="author vcard"><span class="fn">By Gregory H. Hughes and H. David Burton</span></span> <h5><span class="updated" title="2014-04-18T16:43:01.769-06:00">Updated Apr 18, 2014 04:43PM MDT</span></h5> <div class ="entry-content">On April 13, The Salt Lake Tribune published an article titled, “UTA doubled execs’ bonuses last year,” and on April 17, an editorial titled, “Not justified.” The Utah Transit Authority Board of Trustees would like to clarify what is being accomplished with its performance-based compensation program. UTA’s performance-based compensation program is designed to encourage efficiency and productivity. Compensation is based on transit industry standards, and in general, is at or below the national ...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57836692@www.sltrib.com Fri, 18 Apr 2014 16:43:01 MDT Op-ed: No amount of outrage will reduce executive pay http://www.sltrib.com/sltrib/opinion/57821865-82/pay-executive-compensation-chief.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/57821865-82/pay-executive-compensation-chief.html.csp">Op-ed: No amount of outrage will reduce executive pay</a></h4> <span class="author vcard"><span class="fn">By Joe Nocera</span></span> <span class="source-org vcard"><span class="org fn"> New York Times News Service</span></span> <h5><span class="updated" title="2014-04-15T16:30:02.151-06:00">Updated Apr 15, 2014 04:30PM MDT</span></h5> <div class ="entry-content">At 79, Graef “Bud” Crystal is the grand old man of executive compensation critics. Once a top compensation consultant, he switched sides in the 1980s, becoming a fierce critic of many of the practices he helped institutionalize, and analyzing executive pay for other media like Fortune and, most recently, Bloomberg News He’s been known to call his second career “atoning for my sins.” The other day, Crystal was recalling what it used to be like trying to cobble together pay information about a chi...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57821865@www.sltrib.com Tue, 15 Apr 2014 16:30:02 MDT UTA doubled execs’ bonuses last year while seeking tax hike http://www.sltrib.com/sltrib/politics/57802498-90/board-bonus-bonuses-chief.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/politics/57802498-90/board-bonus-bonuses-chief.html.csp">UTA doubled execs’ bonuses last year while seeking tax hike</a></h4> <span class="author vcard"><span class="fn">By Lee Davidson</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-04-15T10:46:51.023-06:00">Updated Apr 15, 2014 10:46AM MDT</span></h5> <div class ="entry-content">The Utah Transit Authority doubled spending on controversial bonuses for managers last year, while it sought a sales-tax hike it says is needed to restore bus service cut during the recession. The agency spent $1.74 million on such bonuses last year, twice the $870,368 doled out in 2012, according to UTA salary data analyzed by The Salt Lake Tribune. The biggest individual bonuses for executives rose to $30,000 each, up from $25,000. That came on top of compensation packages, including benefits,...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57802498@www.sltrib.com Tue, 15 Apr 2014 10:46:51 MDT Buffett’s compensation from Hathaway up to $485K http://www.sltrib.com/sltrib/money/57681767-79/buffett-berkshire-compensation-hathaway.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/57681767-79/buffett-berkshire-compensation-hathaway.html.csp">Buffett’s compensation from Hathaway up to $485K</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-03-14T09:27:02.262-06:00">Updated Mar 14, 2014 09:27AM MDT</span></h5> <div class ="entry-content">Omaha, Neb. • Warren Buffett’s compensation from Berkshire Hathaway Inc. rose 15 percent last year to $485,606, although the billionaire’s salary remained $100,000. The increase came in “other compensation,” which includes company-paid costs for Buffett’s personal and home security. As usual, Buffett reimbursed Berkshire $50,000 for personal costs such as postage and phone calls. Buffett, 83, is the Omaha, Neb., company’s chairman and chief executive. Most of Buffett’s wealth comes from his Berk...</div> <h5><a rel="item-license" href="#license-576817672014-03-14T09:27:02.262-06:00" id="#license-2014-03-14T09:27:02.262-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57681767@www.sltrib.com Fri, 14 Mar 2014 09:27:02 MDT Total pay for EBay CEO sank 53 percent in 2013 http://www.sltrib.com/sltrib/money/57664772-79/ebay-2013-company-donahoe.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/57664772-79/ebay-2013-company-donahoe.html.csp">Total pay for EBay CEO sank 53 percent in 2013</a></h4> <span class="author vcard"><span class="fn">By TOM MURPHY</span></span> <span class="source-org vcard"><span class="org fn"> AP Business Writer</span></span> <h5><span class="updated" title="2014-03-11T14:57:06.916-06:00">Updated Mar 11, 2014 02:57PM MDT</span></h5> <div class ="entry-content">EBay Inc. CEO John J. Donahoe’s total compensation for 2013 plunged 53 percent compared with 2012, when the e-commerce company gave its leader more than $23 million in stock awards. The San Jose, Calif., company, which is sparring with activist investor Carl Icahn over board seats and its future direction, also gave Donahoe, 53, and other executives a lower-than-targeted incentive payment earlier this year. It noted that eBay missed financial targets last year, according to a regulatory filing. ...</div> <h5><a rel="item-license" href="#license-576647722014-03-11T14:57:06.916-06:00" id="#license-2014-03-11T14:57:06.916-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 57664772@www.sltrib.com Tue, 11 Mar 2014 14:57:06 MDT