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Former Dewey Partners to Return Millions

Former partners at Dewey & LeBoeuf agreed on Thursday to return more than $60 million of their compensation to help pay the failed law firm’s creditors.

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How Local Tax Rates Affect High-Income Professionals

What impact do high state and local taxes have on Wall Street executives and fund managers? The example of professional athletes offers some insights.

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Deferring Six Figures on Wall Street for Teacher’s Salary

Teach for America, the nonprofit organization that recruits high-achieving college graduates to teach in some of the nation’s poorest schools for two years, has garnered renewed interest among would-be...

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Morgan Stanley’s Chief Gets a Base Salary Raise

The base salary for the Morgan Stanley chief executive almost doubled in 2012, but his overall pay package is down, according to a filing on Thursday with the Securities and Exchange Commission.

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Wall Street Pay Rises, for Those Who Still Have a Job

The average cash bonus for people employed in New York City in the financial industry rose by roughly 9 percent, to $121,900, in 2012, the New York State comptroller said.

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Tip Bankers Like Waiters

Forget about Europe’s proposed bonus rules. Instead, why not put a ceiling on banker salaries and let clients reward good service, just as they do in restaurants?

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Hedge Fund Titans’ Pay Stretching to 10 Figures

A number of the hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments.

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Mario Gabelli, the $750 Million Man

Mario J. Gabelli, the chairman and chief executive of Gamco Investors, has made more than three-quarters of a billion dollars in total compensation.

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Payroll Cards Are Under Scrutiny by New York’s Attorney General

Eric T. Schneiderman, New York’s attorney general, has sent letters to 20 employers seeking information on the prepaid cards, whose fees can eat into an hourly worker’s pay.

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16 Senators Seek Inquiry of A.T.M.-Style Pay Cards

Instead of paper checks or direct deposit, employers are issuing A.T.M.-style cards that can have large fees associated with them.

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Bank of New York Mellon Wins Sex Bias Case

The case involved a woman who was one of 11 people -- 10 of them women -- laid off by Bank of New York Mellon in 2010, and it was unusual that it ended up in court.

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Boies Schiller Again Pays Associates Generous Bonuses

The law firm is poised to pay bonuses of as much as $300,000 to some associates, with the average young lawyer taking home an additional $85,000.

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Despite Stock Market Exuberance, a Tempered Reaction

Hard lessons were learned by living through two huge bubbles, stagnating wages and an economy suffering from chronic fatigue syndrome, writes Jesse Eisinger.

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For Goldman in Europe, a 3rd Way to Get Paid

To skirt caps placed on bonuses in Europe, the company will pay some employees a salary, a bonus and what it calls “role-based pay.”

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Cameron Sees Technology as Unlikely Ally of Western Workers

Pointing to a small but growing trend, the British prime minister said some companies were reconsidering past choices and bringing jobs back home.

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In Recruiting Game, Wall Street Still Competes

As this year's recruiting season begins, some college students say they are drawn to the challenge and fast-paced environment. Still others are, naturally, motivated by the high salaries that Wall...

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Former Dewey Partners to Return Millions

Former partners at Dewey & LeBoeuf agreed on Thursday to return more than $60 million of their compensation to help pay the failed law firm’s creditors.

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Pay Higher Wages, Earn More Profit

Tony Schwartz makes an argument in the Life@Work column for paying retail employees more and treating them better.

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European Official Urges ‘Say on Pay’ Requirement for Boards

The European Union commissioner for financial affairs introduced a plan that that would require a shareholder vote on salaries awarded to directors of about 10,000 companies listed on European stock...

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Investors Reject Chipotle Chiefs’ Pay Plan

More than 75 percent of the company’s investors voted against a plan that would have continued enormous payments to the two co-chief executives, though the result is not binding.

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