Many at the board level and below are struggling to understand what effect the increased focus on risk and compensation is having on executive labor markets.

In my current position, I am fortunate to have deep insight into the challenges that senior executives face, and while many may think that greed is the primary driver for exec comp levels, all of those in a position to influence exec comp policy are considering some form of the following question: “Will this executive compensation policy provide meaningful incentives for executives to create long-term shareholder wealth without incurring excessive risk.”

It’s important to note that Senior Executives are still have similar motivations and desires as everyone else and their compensation (if properly structured) won’t turn them into risk-taking maniacs but to help direct them to make quality decisions.

Matt Martell
CEB Views
http://cebviews.com


As a 24 year old recent graduate, I absolutely hate that the government is taking my own decisions out of my hands and making them for me.
I KNOW how to plan my own retirement. I don't need the government taking money from me, putting it in social security for "my future" and controlling it for my entire life.
There is no way to maintain social security because POPULATION is not constant. Social security is running out of money.
If I can manage to fund my own retirement accounts at $1,500/year, save $5,000 toward the down payment on a home, and graduate from college debt free (and paid for with my own money... made at my very own minimum wage job) then I'm sure others can too. I graduated with $10,000 in savings and good credit.
Why does the government have to plan my retirement for me? We are not children. Learn how capitalism works and then use that.
Don't go into deep into debt.
Read your loan agreements.
Work hard at school or at a trade.
Learn about financial systems.
I live below my means even though that means not being able to afford (among other things) a heater, a sofa, a television, cable, new clothing, trips to the movies, etc.

In a way, I'd agree with you, it is the MNCs and the U.S. which "created" China in the first place.

On tariffs, this is just for currency manipulation. China has high tariffs on many U.S. goods, they also have a VAT which they have changed daily in some cases as a trade barrier tool.

Germany would be a very good case study here to compare what they are and have been doing versus the United States. They have higher wages than the U.S. I believe and have an export surplus, a very healthy manufacturing sector. If you want to write an article on Germany, you can on this site (but you must be registered) and if you see one going into the above, let's check it out.

I know on the bankster front that's right, Germany made them take somewhat of a bath.

That said, right now, I think they need to enact some cross the border tariff and just plain do it. China has outmaneuvered and is so much more strategic and smarter than the United States every time and I think it's because they know the U.S. won't do much of anything.

You could do a graduated tariff across the board in order to not cause economic shocks.

MNC = multinational corporation
VAT = value added tax

for those singing along at home

CAPITALISM SUCKS, A LAW MUST BE VOTED RIGHT AWAY TO STOP ANY PRODUCT AND OUTSOURCING COMING FROM IN INDIA CHINA ETC... THE ENEMY TO AMERICAN SECURITY, IS NOT ALL QAIDA BUT THOSE FUCKING INDIANS AND OTHER SHIT THAT STEAL OUR JOBS. WE SHOULD HAVE NUKE THEM LONG BEFORE THOSE FUCKING BASTARDS.

EPI ran similar calculations I think this morning (here), even though their post date is also yesterday, which didn't match mine.

I figured out these are round off errors and what is included or not in the calculations.

I went back and modified to two decimal places to make the two overviews rectified, I suspect it is only EPI and then this site bothering to calculate out some ratios in the first place. Also, EPI's their broader calculation is not U-6, but they make their assumptions.

Also, the JOLTS is a sample and so on, so take these ratios as plain being bad and if one wants to get technical on how many decimal places are really valid, it's probably 0 due to round-off, sampling error and revision data.

I wish those guys at EPI would put up even all of their assumptions but they do not.

The first is to scream from the roof tops about it. The second is to contact organizations who combat it, and beyond the AARP, which I believe is pretty "corporate", making money off the > 55, I'm not sure where. Try private teaching and substitute teaching and then plain look for places where you see older workers and apply there.

Bear in mind, last month there are 4.7 people looking for every job out there and that's only the officially unemployed, the truth is it's more like 6 or 7.

Comment cross-posted from where someone cross-posted the article:

It does look like the system is made out of broken glass and held together with bailing twine and Sellotape. However...

Dragged into this situation automatically is the federal government. The US Treasury owns Fannie Mae and Freddie Mac, which are already insolvent and must turn to the government for capital infusions every quarter just to cover the losses on their existing home mortgage portfolios. These institutions are now facing much higher loss rates on their own portfolios of trillions of dollars of home mortgages.

Brilliant! Another day, another bailout. The US national debt jumps to $18Tril and the American government have another excuse to privatise everything in sight, abolish social security and all other welfare benefits forever and kill old people and the unemployed for the fillings in their teeth. They could even rent out your nuclear arsenal to Achmedinejad - no need to develop weapons of mass destruction old boy, just borrow ours if someone nukes you!

You may throw into this picture also the Federal Reserve System, which chose to buy over one trillion dollars of mortgage backed securities from the banks in 2008 and 2009, and which is itself technically insolvent if this portfolio turns out to be uncollateralized, as is becoming increasingly likely.

The Fed can always just print more money. The worst thing that can happen is the dollar devalues by maybe 50% - not the end of the world and in many ways a good thing as it makes the debt smaller and exports become more competetive.

ex post facto laws are strictly forbidden by the Constitution, which is now being treated with new-found reverence by the Congress.

You think they're not capable of a little Doublethink? These are the same people who took away your freedom in order to protect it from terrorists! I'm sure legalising a little mortgage fraud won't be a problem... they've already legalised insider trading, welfare fraud (as long as you're rich), TORTURE AND MURDER, and election fraud (as long as you're right wing enough).

Only a Supreme Court bought and paid for by bank lobbyists, and willing to prostitute itself publicly to its paymasters, would issue such a ruling.

Like I say, bought-and-paid-for microbial scum :-)

This site does discuss policy and then economic reports, economic related news/events, because they can tell what's really going on. It's an all thing $$ related, economic site.

Your story is the type of thing I've been writing about for some time, perfectly good and highly trained/skilled Americans getting labor arbitraged out of their careers, jobs income due to offshore outsourcing and the use of guest worker Visas.

No, the status quo is not acceptable at all, in particular on trade and global labor arbitrage practices. The problem is we have both parties controlled by multinational corporations. I've been pounding enormously on China's currency manipulation simply because of any trade related bills in Congress, it has the most co-sponsors and I think with enough public pressure it has a chance to pass.

Sure is a good thing we have you to set us straight.