Private chef salaries reach $300,000 as the rich seek their own Michelin stars

Private chefs are making up to $300,000 a year, and butlers can earn as much as $180,000 as the wealthy hire more household staff to manage their increasingly complex lives, according to a new study.

Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records as the wealthy buy more homes in various locations and manage ever-growing families, according to a report from Morgan & Mallet International. The hiring boom has created a war for talent, driving up salaries and increasing job-hopping by household staff. READ MORE

Buc-ee’s is offering $275K salaries with no college degrees. The internet is split on whether that’s a good thing

Buc-ee’s holds the world record for the biggest convenience store and longest car wash – it might be time to add “most controversial $275,000 job” to the list.

The rest-stop chain, known for its massive convenience stores and cheeky highway billboards, is now the epicenter of an online debate over salaries. Not because they’re underpaying their employees, but, according to internet backlash, because they’re paying a big salary – $275,000 – for a job that doesn’t require a degree. READ MORE

Gen Z breaks ultimate taboo by posting salaries online

Gen Z is breaking one of the most deeply rooted social taboos by openly discussing salaries, spending limits and personal finances online.

The Wall Street Journal's Free Expression associate editor Mary Julia Koch joined FOX Business’ Ashley Webster on "Varney & Co." to discuss loud budgeting and why younger Americans are increasingly willing to make once-private financial conversations public. READ MORE

Employee Logs ‘61 Hours’ and Asks for Compensation—Manager’s Donut Offer Sparks Backlash

An Instagram post shared by @georgesternleadership has given rise to a conversation over workplace compensation and whether employers can expect salaried workers to consistently take on extra hours without additional support.

The clip was about workplace "red flags" and employee-manager dynamics and featured a text conversation between an employee and a manager about long workweeks and increased responsibilities. In it, the former asked for compensation. READ MORE

Finance salaries rise 6% amid talent crunch

The higher salaries reflect a more competitive market for finance talent. Sixty-one percent of survey respondents said they are experiencing either minor or significant shortages of finance and accounting talent, up from 46% who reported shortages in the prior year.

The shift is increasing pressure on CFOs and controllers to rethink how they attract and retain talent. READ MORE

Elon Musk Could Get a $165 Billion Payday, But There’s Just One Problem: Traders Say It’s Never Going to Happen

SpaceX’s executive compensation filing reads unlike anything in the history of SEC paperwork. The word “Mars” appears 63 times, including inside the formal executive compensation section, and the document contains a quote from Isaac Asimov. Reporters who reviewed it noted no real precedent in the history of executive compensation. The legal condition for CEO Elon Musk’s payday is a permanent human colony on Mars with at least 1 million inhabitants. READ MORE

The Evolution of Executive Compensation in Private Equity

For most of private equity’s modern history, executive compensation answered a single question: how do we keep this leadership team in place until we sell? Pay was built around a clean three to five year arc, with the bulk of the reward waiting at the finish line. That model assumed a predictable exit. Today, that assumption no longer holds.

Hold periods have stretched, capital markets have become more volatile, and sponsors are asking far more of the executives running their portfolio companies. As a result, the purpose of compensation has also changed to adapt. It is no longer a retention contract. It has become an engine for value creation, engineered to reward the specific behaviours that build a more valuable business: EBITDA quality, working capital discipline, pricing power, clean M&A integration, digital transformation, and exit readiness.. READ MORE

2 former partners sue Clifford Chance over alleged compensation clawbacks

Clifford Chance is facing a federal lawsuit from two former partners who allege that the law firm asked them to repay nearly $5.8 million in compensation after they left in January.

“This action relates to the firm’s efforts to claw back plaintiffs’ already-paid and already-earned compensation, pursuant to certain provisions of the [firm’s partnership] agreements, as punitive and anti-competitive measures in apparent response to plaintiffs’ withdrawal from the firm to join Sidley Austin,” said Clifford Cone and Michael Sabin said in their June 29 complaint. READ MORE

Average Income by Career Experience: How Salaries Change at Every Stage

At some point in your career, you'll likely wonder: Am I getting paid enough?

The answer depends on what other people in your role actually earn, and how experience shifts those numbers. Below, we break down median salaries for 150 of the most common professions by years of experience, from just starting a job to 20-plus years in. If your pay looks low, the next move is knowing how to check, document, and ask for more. READ MORE

Does Gen Z know their number?

What’s your number? This is the first question I ask when considering a new hire. I expect those I ask to know what it costs for them to live—not just to survive, but to thrive. I start with this question because it gives me a chance to understand a prospective employee’s expectations and needs, and to assess my ability to meet them.

Since 2018, I have worked with close to 2,000 high school students, providing them with paid summer work experience. Most had never considered their number before. I also mentor many young Gen Zers who are now finishing college and looking for their first full-time post-college job. One mentee, Sophia Castellanos—who just graduated from my alma mater, Claremont McKenna College—earned a degree in international relations. She asked if I might have any opportunities for her. READ MORE

What Bobby Bonilla Day Can Teach Us About Deferred Compensation

Every year on July 1, Bobby Bonilla collects a check for $1,193,248.20 from the New York Mets. He has done so every July 1 since 2011 and will continue to do so through 2035. The date is so well known that baseball fans simply call it Bobby Bonilla Day.

For Mets fans, it is an annual punchline. For tax folks, it is something else: a reminder that when you get paid can matter almost as much as how much you get paid. READ MORE

Remote work pays well for executives but costs everyone else

As companies like PNC, JPMorgan Chase and Paramount bring employees back to the office, the debate has focused on collaboration, culture and productivity. Missing from that conversation is the impact of remote work on paychecks. However, a recent study found that the majority of tech workers lose thousands annually in work-from-home arrangements.

JobLeads, a job-seeking platform, analyzed salary data across 42 standardized tech roles and found that 86% of positions pay less when they are performed remotely than when they are performed in the office. The average remote worker earns $7,703 less annually, according to the report, roughly a 6% cut. Senior and mid-level workers each lose approximately $10,000 per year going fully remote, and the researchers say not a single senior-level role in the study commanded a remote premium. READ MORE

Proposed Filer Status Reforms: Impact on Executive Compensation Disclosure

On May 19, 2026, the Securities and Exchange Commission (SEC) proposed amendments (the Filer Status Proposal) to its filer status framework. These amendments present a major overhaul of the public company reporting regime, including with respect to executive and director compensation disclosure practices, by significantly increasing the number of public companies that would be entitled to both scaled compensation disclosure and exemptions from compensation-related requirements. READ MORE

In San Francisco, Even $180,000 Tech Salaries Are No Longer Enough

Katrine Razniak, 27, arrived in San Francisco in 2022 as a recruiter at LinkedIn, earning $70,000 a year. Her annual salary soared to $180,000 when she joined the software company Rippling to lead a team of account managers. Her partner, Adam Woodbury, 39, moved to the city in 2021 and earns $185,000 as a software engineer.

These days, even those six-figure salaries are no longer enough in San Francisco. READ MORE

CEO Pay Is Skyrocketing. Meet the 8 Leaders Making Over $100 Million

The Wall Street Journal just released its annual CEO pay analysis, and the data shows a clear rebound in payouts following a post-2021 slump. Notably, more CEOs made $100 million or more in 2025 than in any year since then.

Eight chief execs at S&P 500 companies hit a nine-figure payout, including a few names you’ve probably heard of: Warner Bros. Discovery’s David Zaslav came in fifth with $165 million in total pay, Blackstone’s Stephen Schwarzman hit sixth with $126 million and Goldman Sachs’ David Solomon scored seventh at $119 million. READ MORE