Tag: pay

COMMENTARY

What’s Up With That?

The driver waived the “Pay as you enter” protocol for the passengers, opting instead to seat everyone quickly and send around the fare plate. This is a common courtesy and occurrence in many places though it may have been discontinued in our neck of the woods.  “Why?” The fare plate and the implied honor system on which it is premised, […]

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 […]