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Wells Fargo chief forfeits $41m amid corruption probe - BBC News

Wells Fargo chief executive John Stumpf will forfeit $41m (£31.5m) in bonuses as the bank tries to stem a scandal over its sales practices.The bank has launched an investigation how more than two million deposit and credit card accounts were opened without customers’ permission.The bank said Mr Stumpf would not receive a salary during the inquiry.The former head of retail operations, Carrie Tolstedt, will forfeit $19m of bonuses and left without a payoff.

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Corporate Crime

The Complete Guide to Understanding Equity Compensation at Tech Companies

I’ve hired hundreds of tech employees, and recently started Comparably to make workplace compensation and culture more transparent. Most private tech companies offer equity as part of team members’ compensation package, but employees rarely understand the value and most important aspects of this arrangement. 2,056 more words

Tech

Cycling Hazards and Ways to Avoid Them

Accidents are hazardous but they are fatal for the cyclists. Therefore, if you go to work using bicycle as a mean of transportation, or even if you are just fond of cycling, make sure that you don’t get injured. 567 more words

Compensation

You may be owed hundreds of dollars in compensation for flight delays—here's how I got my money from American Airlines

Waiting is universally annoying but flight delays are particularly so: being stuck in an airport waiting for a flight you expected to leave feels like being held against your will.  1,949 more words

Bankers and Regulators, “Incentive” Is Not A Four Letter Word

The Wells Fargo incentive pay problem is at least as old as Matthews, Young; and we’ve been advising the banking industry on performance-based incentive compensation for over 40 years.  446 more words

Executive Compensation

The Pay Gap of Men and Women and Kristen Bell's "Pinksourcing" Video

Actress Kristen Bell did a video intended to be a parody about the fact that the average pay of women in America is lower than is the average pay of men. 147 more words

Politics

Bokeep File Wrongfully convicted man seeks exoneration, compensation

Metode LPP adalah Metode Latihan Pembesar Penis dalam bentuk video latihan orang Eropa yang telah terbukti ampuhnya, tak perlu obat kimia atau obat tradisional apapun itu, hanya memerlukan latihan dan latihan. 147 more words