Friday, March 27, 2009 3:31 PM
K Street Salaries No Match for Wall Street
From this week's National Journal: (subscription)
- Devoid of stock options, corporate perks, and bonuses, association leaders' compensation is in stark contrast to the paychecks of Wall Street and private-sector executives, writes CEO Update's Tavia Evans Gilchrist for National Journal. According to CEO Update's 2009 executive compensation survey, most heads of trade associations and professional groups take home paychecks well below the $1 million mark.
- In the Capitol, anger over the American International Group bonuses
whipped past all legislative speed limits in the House and then braked
hard for Senate pedestrians this week, writes Alexis Simendinger. Even in the chamber where
inaction is considered an institutional virtue, the suddenness with
which AIG-targeted legislation roared in and then halted was
neck-wrenching. George Washington would have been proud.
- Lauryl Dodson Jackson is now working as director of
federal government affairs in the Washington office of Johnson &
Johnson, reports Gregg Sangillo. Jackson is a new mom, and she says that her employer's
family-friendly policies were a definite selling point.
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