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Feds May Lift The $500k Salary Cap For Top-Tier Talent

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Old Dec 14, 2009 | 02:40 PM
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Information Feds May Lift The $500k Salary Cap For Top-Tier Talent

Back in February, the federal government set a limit of $500,000 on*executive salaries at any company that received bailout dollars. Of that total, only 45% could be in cash, with the remaining 55% made up of cash incentives, paid over two years. Now, Kenneth Feinberg, the U.S. paymaster for rescued companies, has extended that restriction to ..

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Last edited by Jazz; Dec 14, 2009 at 04:31 PM.
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