News

The Huffington Post has posted a new article by Barry Koslow in which he draws on the lessons of Detroit’s bankruptcy and describes the increased pressures on retirees and people trying to save enough for retirement.

Sexton has extensive experience in employee benefits consulting, sales leadership, and business development.  He is rejoining MKA, where he served as principal of the firm’s employee benefits practice from 1988 to 1998.  Most recently, Sexton served as CEO of MCS Carelink, a population health management company in Danvers.

The Huffington Post has published a blog post by Barry Koslow in which he reviews the rises and falls of the savings history of Americans – from the early industrial era to the Great Depression, to our more recent economic meltdown – and tells readers that personal responsibility is essential to ensuring that we won’t outlive our resources in retirement.

Private colleges and universities – and the board members and presidents who lead them – must recognize that they operate within a new age of transparency and disclosure of executive compensation policies. The days of quiet side deals, of surreptitiously padding the paychecks of presidents through the creative use of footnotes or financial gymnastics, are over. The pay packages at institutions of higher learning, whether they represent base salaries, bonuses, deferred retirement compensation, or all of the above and more, eventually will see the light of day.

Whether it is salary or benefits like deferred compensation and supplemental retirement plans, the argument is that somehow the compensation for these folks should not be like that for the same positions at similarly sized organizations in the for-profit sector.  These arguments often come from those who see numbers and not the challenges and successes that take place in the trenches on an ongoing basis.