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I post this here because I don't know where else to post it - I wish someone would start a Comp & Benefits group - or am I missing it?
Investors will soon have a new scorecard designed to lay out in plain English just how much pay and perks are being lavished on top executives at public companies. If the goals of federal regulators are met, you won't need an MBA to decipher the numbers.
The new disclosures, in annual reports and proxy statements that will begin arriving later this month, will come closer than ever to a full accounting of total compensation for companies' top two executives and the next three highest-paid executives.
"The SEC, in a very short amount of time for a regulator, has pushed through very sweeping pay disclosures that, for the first time, will give investors a very clear picture of CEO pay," said Amy Borrus, deputy director of the Council of Institutional Investors. "The big picture is a very big win for investors."
Read the whole thing here: http://www.accountantsworld.com/desktopdefault.aspx?page=newsstory&category=newsstory&StoryId=h0110316.0ap
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