Claude Penland: Actuary & Partner, Ezra Penland Actuarial Recruitment

(This post is now reachable from www.RecruiterSalarySurvey.com .)

According to SEC Filings, the C-level comp for Korn/Ferry International and Heidrick & Struggles – two publicly-traded recruiting firms – compensation* is as follows:

Korn/Ferry International, August 2010 SEC filing
President & CEO — $3.0 million
EVP & CFO — $1.3 million
EVP, Premier Client Partnerships — $1.3 million
EVP & CEO of Leadership and Talent Consulting — $1.2 million
CEO, FutureStep — $0.4 million

Heidrick & Struggles, April 2010 SEC filing
CEO — $1.9 million
CFO — $0.8 million
Managing Partner, Global Practices — $1.9 million
General Counsel & Corporate Secretary — $0.7 million
Chief Human Resources Officer — $0.7 million

*“Compensation” in this context is the total amount from the “Summary Compensation Table”, which includes salary, bonus, share awards, option awards, non-equity incentive plan compensation, change in pension value, and whatever else they decide to jam into that table.

“Whether or not Korn/Ferry International’s reported decision to poach financial services recruiters from rival Heidrick & Struggles is a sign of madness or sound strategy, matters both to dealmakers advising recruiting firms on acquisitions, and to other M&A bankers.

The recruiting industry tends to be a leading indicator. If the Los Angeles-based headhunting firm is betting on a macro upswing, it could signal a shake-up of the recruitment industry, and possibly even a rebound in M&A volumes across the board.”

“Empire Avenue, which launched to the public earlier this year, [enables] people to buy and sell shares in each other. A person’s influence score is their share price, which is calculated using share-trading activity on the site, as well as the Influencer’s offsite contributions to their own blogs, websites or social-media networks.”

(See also Klout.com.)

See here for the code.

“Booshaka is taking Facebook search and adding a few bells and whistles to allow users to segment search by topic and provide trending topics around what people on Facebook are talking about.”

OpenFacebookSearch.com does similar stuff.

“LMI has established the Center for Health Reform, with leadership by noted actuary and health insurance reform expert John Bertko, in an effort to better serve state and federal leaders on the issues surrounding the implementation and measurement of the Patient Protection and Affordable Care Act (ACA).”

“Mercer has appointed Sathish Ramdayal to head up a new Edinburgh-based financial strategy group.

The consultant said the group will provide specialist advice to companies in Scotland and Northern Ireland on how to manage the financial risks in their occupational pension schemes.”

“Aon Consulting, the global benefits and human capital consulting business of Aon Corporation (NYSE: AON), today announced Patricia Smallsreed has joined the firm as senior vice president and Chicago market leader.”

“The era of antibiotics is coming to a close. In just a couple of generations, what once appeared to be miracle medicines have been beaten into ineffectiveness by the bacteria they were designed to knock out. Once, scientists hailed the end of infectious diseases. Now, the post-antibiotic apocalypse is within sight.

Hyperbole? Unfortunately not. The highly serious journal Lancet Infectious Diseases yesterday posed the question itself over a paper revealing the rapid spread of multi-drug-resistant bacteria. “Is this the end of antibiotics?” it asked.”

“That right side bar also uses a little JavaScript to let you toggle to see other cities, countries or worldwide instead of just the sites closest to you.”

Dude.