The first of six regulatory agencies voted today to re-propose the executive compensation rule mandated by the Dodd-Frank Act.
The year-to-year changes in the average compensation for various job positions offer clear evidence of recent trends in the financial institutions industry.
There has been a significant amount of confusion of late about the applicability of recent federal contractor executive orders, particularly the latest one concerning paid leave. The applicability of each executive prder must be analyzed individually because each stems from one or more different laws with differing definitions of “federal contractor.”
On Sept. 7, 2015, President Obama signed Executive Order 13706 directing federal government executive departments and agencies to ensure that effective Jan. 1, 2017, new procurement contracts include a provision specifying that employees working on covered federal contracts earn up to seven days (56 hours) of paid sick leave each year.