Human Resources

Firms target slower executive pay growth

MANY LISTED FIRMS have projected executive pay hikes this year -- albeit at a pace slower than 2010’s -- ahead of a flurry of annual stockholders’ meetings that kick off today, a review of disclosures showed.

Fewer Filipinas in top company posts -- survey

Filipinas have seen their hold on senior management positions slip, with the Philippines losing first place in a Grant Thornton global survey. The country was ranked fourth, tied with Hong Kong, in the accounting and consultancy organization's International Business Report that ranked 39 economies.

HR head of PSE resigns

 MANILA, Philippines - Another management executive has left the Philippine Stock Exchange despite efforts of the new president to stop the exodus of key officials.

Firms expected to hike salaries by 7%

MANILA, Philippines - Corporate salaries are expected to increase by an estimated 7% this year on the back of a slow but steady economic growth, an international human capital consulting firm said.

Nokia likely to sack several executives: report

FRANKFURT - - The world's biggest cellphone maker Nokia is likely to sack several executive board members in a management shake-up, a German weekly reported.

NGO: Construction 2nd most hazardous sector

MANILA, Philippines - A non-governmental organization scored the current workplace safety monitoring implemented by the labor department after the tragic accident at a high-rise Eton Residences in Makati City claimed 10 lives.

Ex-finance chief Pardo joins PSE board

In a disclosure on Jan. 26, the Philippine Stock Exchange said its board has elected former finance and trade secretary Jose T. Pardo as independent director and chair of the corporate governance committee.

Globe hires network, technology experts

MANILA, Philippines – Ayala-led Globe Telecom has hired a network and technology expert to provide strategic advice on the firm’s development and business plans.