(Editor’s Note: FTF News was fortunate to get time with Terry Anderton, the founder and CEO of Wagz, a company that launched the Wagz Freedom Smart Dog Collar, which sells for $249.00. The device does not use electric shocks to keep your dog from straying. Instead, this dog collar applies more humane methods to stop… Read More >>
Fidelity Offers Buyout Plan for 3,000 Senior Employees
Online brokerage giant Fidelity Investments has launched a voluntary employee buyout program that is targeting 3,000 staff members who are 55 years or older and have logged a decade or more of service. The move will allow the firm to create opportunities for mobility for younger, less senior staff members and facilitate the next chapter… Read More >>
SEC Mulling ‘Claw Back’ Rules
The so-called “claw back” provision of the Dodd-Frank Act – which would allow securities firms to take back executive compensation resulting from fraudulent or otherwise inaccurate financial statements – is one of the few parts of the massive 2010 law that still hasn’t been turned into an actual rule yet. That might change soon however,… Read More >>
Middle- and Back-Office Pay Edges Upward
Base salaries and bonuses in the middle- and back-office are continuing to edge closer to the pay packages of those in the front office, a trend that’s been unfolding ever since the financial crisis. However, large discrepancies remain among banks for middle- and back-office wages, a new report finds. Salary benchmarking site Emolument.com recently released… Read More >>
