All articles tagged with #compensation
At a pro-coal event, Donald Trump attacked the Tennessee Valley Authority and its newly appointed CEO Don Moul, vowing to personally target him over energy policy and pay as TVA decided to keep operating coal-fired units; Trump noted Moul’s high compensation, comparing it to former CEO Lyash’s $10 million package in 2024, while TVA defended its service to 10 million people and the role of coal in its energy mix.
A Tokyo high court ordered North Korea to compensate four former settlers of Korean heritage who were lured to the North with promises of a utopian life, ruling the case as state-backed abuse against zainichi Koreans. The settlement, worth 20 million yen per plaintiff, is largely symbolic and enforcement would require seizing North Korean assets in Japan, highlighting decades of coercive recruitment and human rights abuses associated with the regime.
A Tokyo court ordered North Korea to pay about 88 million yen to four people lured to Pyongyang in a propaganda-driven resettlement scheme; the ruling is largely symbolic since Pyongyang has ignored the case, but it marks a historic assertion of Japanese jurisdiction over North Korea.
Ultra-wealthy families increasingly bring millennial and Gen Z heirs into private investment firms, but pay is often contested—heirs may be underpaid due to loyalty or in some cases overpaid and stuck with golden handcuffs. Experts urge formal compensation structures, clearly defined roles, and written plans or committees to prevent resentment and disputes as family offices expand into more active investing.
Whether Mike Tomlin could leave the Steelers for another NFL job in 2027 without the team getting compensation depends on the specifics of his contract, including any option year. Because coaching contracts aren’t public, the exact rights are unclear and could involve tolling or negotiated terms; past context with Bill Cowher is cited, but the real answer requires seeing the contract. Tomlin has said he doesn’t plan to coach in 2026, but the 2027 question remains contingent on contract language.
The article explains that because the Steelers still hold Mike Tomlin’s NFL coaching rights, any future team that hires him would owe compensation to Pittsburgh. The compensation would be influenced by his contract terms and is expected to decrease over time; teams must negotiate with the Steelers before approaching Tomlin. Citing past tampering cases (e.g., Payton/Tampa Bay, Arians with Arizona), the piece notes that the Steelers could receive pay if Tomlin returns to coaching, and that no hire could occur in 2026 without a deal with Pittsburgh.
Britain has reached a substantial compensation settlement with Abu Zubaydah, the Guantanamo detainee subjected to CIA torture, amid allegations that UK intelligence services helped facilitate his mistreatment. The payment is underway but not yet accessible to him, and campaigners say his ongoing detention and call for release and accountability remain urgent.
Spain's Catholic Church has reached an agreement with the government to compensate victims of sexual abuse by clergy, aiming to address past failures and expand access to justice, including cases beyond the statute of limitations. The new system involves a government-managed process where victims can seek symbolic, psychological, or economic reparations, with the Church responsible for executing these reparations. This move follows global trends of addressing historical abuse within the Church and is seen as a moral and moral debt repayment.
South Korean retailer Coupang will compensate 34 million affected users with $1.17 billion in vouchers following a major data breach, with the company and its founder issuing apologies and taking responsibility for the incident.
Coupang founder Kim Bom apologized for a recent customer data leak, pledged to implement reforms and compensation for affected customers, and faced criticism for not attending parliamentary hearings on the incident. The company has cooperated with authorities to restore leaked data and is planning to announce a compensation plan soon.
Coupang founder Kim Bom apologized for a recent customer data breach, pledged to implement a compensation plan for affected customers, and announced efforts to prevent future leaks, amid criticism for his absence from parliamentary hearings and ongoing investigations by South Korean authorities.
A KFC franchisee in West Wickham was fined nearly £70,000 after a manager called an Indian worker a 'slave' and subjected him to racial discrimination and harassment, leading to wrongful dismissal and victimisation. The tribunal awarded the worker £66,800 in compensation and mandated workplace discrimination training for staff.
The Delaware Supreme Court reversed a 2024 decision and reinstated Elon Musk's $55 billion Tesla pay package from 2018, affirming his significant earnings and highlighting legal and corporate governance issues.
Ukrainian President Zelenskyy and 34 countries approved a plan to create a compensation body to address damages caused by Russia's invasion of Ukraine, with funding and enforcement challenges remaining, and support for a new international court to prosecute Russian officials.
Hedge fund billionaires are facing a talent shortage and are offering unprecedented pay and perks to retain top portfolio managers, shifting industry culture from cutthroat to loyalty-focused, amid a broader industry growth and competition for skilled talent.