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As women and minorities earn higher wages, the potential for greater compensation increases.
But when compensation increases positions become ripe for abuse, and museum boards must look more closely.
The panel recommended that compensation increases approved by the Board of Legislators not take effect until Jan . 1 , 2010
Mr. Dimon said in a conference call that compensation increases for investment bankers were necessary to keep the company competitive on Wall Street.
Compensation increases of 25 percent to 50 percent over five years were not unusual, and in some cases packages nearly doubled.
Any compensation increases after 2010 should be considered only in odd-numbered years and should be no more than the Consumer Price Index increase for the preceding two years, the panel said.
Similar(31)
And Ms Jung's compensation increased almost 76% in 2008, to over $19m.
By all other measures Thomson's compensation increased or stayed the same despite McDonald's disappointing performance.
The $401,395 he received in 2007 was explained in the return as a "compensation increase due to bonus timing".
The EFF's manifesto includes wildly audacious promises to nationalise banks and mines, expropriate land without compensation, increase the minimum wage and double all social welfare grants.
Ms. Mulcahy's salary, bonus and miscellaneous compensation increased to $2.57 million from $2.34 million in 2001, the company said in a regulatory filing.
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