Tag: pay

Jamaica

Jamaica — Performance Based Pay For Government Ministers

The Prime Minister of Jamaica, Andrew Holness, has recently indicated that his government is prepared to transform the public sector by instituting a performance-based pay for ministers. He noted that the country’s permanent secretaries have already agreed to this type of system. “We recognize that we have to have a mass implementation of performance-based systems in order to get the […]

BUSINESS Commerce

Morgan Stanley Puts CEO’s Pay On A Grand Scale

According to Bloomsberg.com, Morgan Stanley boosted Chief Executive Officer James Gorman’s 2017 compensation by 20 percent to $27 million. This represents the biggest payout to the CEO since he took over the reins of the company over the past eight years. According to the report, the 59-year-old CEO new raise is allocated accordingly, $12.8 million long-term incentive, $6 million of […]