A new report found financial institutions spent $181 billion on financial crime compliance worldwide last year, with European firms spending three to four times more than their counterparts in North America.
Compensation
Posted inInternal Controls
Executive pay cuts a growing trend during coronavirus
Hundreds of companies around the world have announced drastic cuts to the salaries of their senior executives as one way to reduce the unprecedented financial blow caused by the coronavirus pandemic.
Posted inEthics & Culture
Your reputation, employee relations, and more
The latest edition of the Ask Amii mailbag answers queries on how to protect your reputation when your leaders break the rules; Amii also shares her perspective from the trenches on toiling as the ethical employee.
Posted inAccounting & Auditing
IRS issues proposed regs on compensation rules under tax reform
Companies have a little more clarity from the Internal Revenue Service about how to interpret provisions under tax reform affecting executive compensation.
Posted inSurveys & Benchmarking
Study: General counsel pay at five-year high
As the role of the top legal officer at public companies continues to evolve, general counsel compensation has steadily increased over the last five years, according to a new report.
Posted inInternal Controls
CCO compensation data reveals big strides for women
Bucking the trend: Survey shows women more likely to hold top compliance roles, have a law degree, and make a bit more money than men.
Posted inSurveys & Benchmarking
Healthcare: Data backs theory women have clearer path to CCO role
The trend of few female leaders within the sector seems to be shifting, at least when it comes to the chief compliance officer position.
Posted inSurveys & Benchmarking
Graphic: What we know about compliance execs who make the big bucks
Of the 290 respondents to our “Inside the Mind of the CCO” survey, just 29 report yearly compensation of more than $400,000. We’ll call this group “The 10 Percenters.”
Posted inEthics & Culture
Hiring manager: CCOs are in demand, seeing salary bumps
A managing director at an executive search firm that specializes in compliance hires has some advice—and a bit of good news—if you’re looking for a job as a CCO.
Posted inSurveys & Benchmarking
CCO salary benchmark report: Healthcare, technology trending up
A newly released benchmark report from BarkerGilmore shows compliance annual salary trends by industry, education, and more.