"This is the very definition of pay for performance," said Ian Keas, senior director at Longnecker & Associates, an executive compensation consulting firm. "But is he the only individual that could serve in that seat as CEO and deliver that value to shareholders? That's the billion dollar question." … [Read more...] about Elon Musk nears record $346 million pay package as Tesla stocks soars
Rescue 1122 salary package
My advice is to take an annual look at the vested and unvested stock for all of your key employees. Determine what each key hire’s future compensation looks like and consider if you need to give more stock to secure retention. (Big companies usually have annual refreshes of stock, but startups can be remiss in setting this up.) While it costs you to offer this, the alternative is the potential greater cost of having to find new people to replace talent you can’t keep. … [Read more...] about Employee salaries at a fast-growing startup: What are the going rates?
The startups making new food from wasted ingredients typically focus on waste from farms and food processing plants. Some of the startups are still early-stage and only sold online or in a few stores, but others, including Wtrmln Wtr, have gone mainstream. Large food companies, like Tyson Foods, have also launched new products with ingredients that would have been discarded in the past—in Tyson’s case, it made a protein crisp called Yappah from chicken trim, vegetable puree, and spent grain from Molson Coors. The demand for former waste is affecting supply chains. Wtrmln Wtr cofounder and CEO Jody Levy says that one watermelon grower used to have four semi-truckloads of watermelons each season that he would write off as waste; now he sells it to be made into juice. “It has allowed the growers to think differently about how they treat the melons that previously weren’t able to be sold,” she says. … [Read more...] about Everything you need to know about the booming business of fighting food waste
To Rome with Love five years ago. Anybody familiar with Allen has known for decades that he married his partner Mia Farrow’s adopted daughter, Soon-Yi Previn, and that his movies often feature ineffectual Allen surrogates lusting after inappropriately young nymphs of mystic charm. But in 2014, after her father received the Cecil B. DeMille Award at the Golden Globes, Dylan Farrow wrote an open letter published in The New York Times, in which she brought allegations that had first emerged in 1993 back to the forefront of the cultural conversation. Lines were drawn. Every actor affiliated with Allen was soon asked to comment on Farrow’s letter. (Scarlett Johansson: “It would be ridiculous for me to make any kind of assumption one way or the other.” Diane Keaton: “I believe my friend.”) Since there was no resolution, many fans and actors just quietly made the decision that it was okay not to believe Farrow. Allen went on to release three … [Read more...] about Time’s Up, Woody Allen
Now, the second house will not be subject to tax on deemed or notional basis if it is used as a family residence or remains vacant for the entire year due to, say, your employment at another location. However, if both have been financed by home loans, the total deduction under this section will be restricted to Rs 2 lakh a year. “Until this amendment was made, tax-payers were allowed to consider one property as self-occupied and the interest paid on the other property’s loan could be claimed as deduction separately,” explains Kuldip Kumar, Partner and Leader PwC India Global Mobility Practice. … [Read more...] about Paying a home loan EMI or staying on rent? Know the tax benefits