Bailed-out Citi raising salaries

Coping with a government bailout/buy-in and a share price down 84 percent from last year, Citigroup reportedly intends to raise base salaries as much as 50 percent to offset smaller annual bonuses.  School of Management Professor Fred Foulkes, director of the Human Resources Policy Institute, can discuss how this might go over with the Obama administration’s new “pay czar.”

Contact Fred Foulkes, 617-353-4281, ffoulkes@bu.edu

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