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"Growth in these compensation levels really stopped".
Those standards include studying compensation levels industrywide, he said.
The House only vaguely authorizes the Transportation Department to set "minimum compensation levels, when appropriate".
"His own compensation levels have been pretty high," Mr. Marshall said.
The Internal Revenue Service recently announced that it would require hundreds of nonprofit organizations to justify their compensation levels.
"We don't have any authority to set compensation levels or even to advise".
"The third quarter was rough and revenue is sure to be down, so compensation levels will follow," said Mr. Schorr.
Pressure on companies to cut executive pay and give shareholders a greater say on the compensation levels is mounting.
The industry is experiencing massive retrenchment, waves of redundancies, endless public criticism and repeated cutbacks in compensation levels".
Probably there will be relatively good profits for a number of years, and this will justify high compensation levels.
Compensation levels are determined by the market for labour, and total compensation includes money income and benefits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com