While the total compensation reported by big banks in their 2011 results may be lower, keep an eye on another, and perhaps more important, yardstick that is likely to increase at some firms: the compensation-to-revenue ratio.
While the total compensation figures reported by big banks in their 2011 results may be lower, keep an eye on another, and perhaps more important, yardstick that is likely to increase at some firms: the compensation-to-revenue ratio.
One yardstick that is never used but should be, is the simple ratio of market capitalization to pay.
If one applies Hughes' yardstick, that's around 3,200 too many.
As a Paul Volcker-styardstickthat, that's twice the amount Uncle Sam is spending this year to help stabilize Iraq and 52percentt of the total tax cuts approved by the US Congress in its 2009 economic stimulus bill.
One of their worries is that these scores, which have spread quietly through American business, measure individuals against one another, using yardsticks that are essentially secret.
The title comes from 'kanôn,' meaning ruler or yardstick, a term that was used by philosophers in the Hellenistic period for the standard or criterion of truth by which correct judgments can be made and knowledge secured.
But measured by the ever-constricting yardstick of the music industry, that was enough to make it a success; "Flight of the Conchords" made its debut at No. 3 on the Billboard chart, placing it ahead of new releases by more, shall we say, omnipresent acts like Ashlee Simpson.
We always get asked about yardsticks – and that was two equally matched teams out there".
The decline is still impressive — about one-sixth — when measured with Britain's own poverty yardstick, a target that is much harder to meet.
