Private-industry employer costs for employee compensation in New England inched downward in December, dropping 8 cents per hour to an average of $34.40 per hour, but remained the highest in the U.S., according to a quarterly U.S. Bureau of Labor Statistics report issued Wednesday.
Wall Street’s bonus pool rose 15 percent to $26.7 billion in 2013 as profits from broker-dealer operations on the New York Stock Exchange fell 30 percent, according to estimates by New York state Comptroller Thomas DiNapoli.
By Freeman Klopott and Michael J. Moore Bloomberg News
David Pellegrino has been named partner at Partridge Snow & Hahn LLP, where he represents the interests of secured lenders and advises bank and other regulated clients on issues concerning regulatory compliance.
Nicholas Batten has been promoted to vice president, manager of global services at FM Global, where he will help structure comprehensive global programs for multinational clients and oversee FM Global’s insurance and service network.
Stacy Moss, an electrical engineer at the Naval Undersea Warfare Center in Newport was recently selected by DiscoverE as the 2014 New Faces of Engineering Professional for the American Society of Mechanical Engineers. DiscoverE, formerly the National Engineers Week Foundation, helps unite, mobilize and support the engineering and technology volunteer communities.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.