Friday, April 08, 2011

Corporate Mobility Benchmarking

CNN Money.com is reporting that JPMorgan forked over $421,458 last year to compensate the CEO for moving costs incurred as he moved his family from Chicago to New York. Yes, moving is hell, but you don't know the half of it. This is the second time in three years that the bank picked up a six-figure sum for the CEO's relocation – which ended up taking five costly years from end to end. The bank has kicked in $617,734 since 2008 to cover the move.

Posted via email from hrstrategist@Net-Speed

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