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Published by: Ivey Publishing
Published in: "Ivey Business Journal", 2004
Length: 8 pages

Abstract

The market is up, and the CEO (chief executive officer) is rewarded with a huge compensation package. The market is down, and the CEO is rewarded with a huge compensation package. There''s plenty wrong with this picture, not the least of which is the lack of any link between pay and performance, and the absence of any long-term performance measures. This author, a recognized expert in executive compensation, has several excellent suggestions for changing the picture.

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Abstract

The market is up, and the CEO (chief executive officer) is rewarded with a huge compensation package. The market is down, and the CEO is rewarded with a huge compensation package. There''s plenty wrong with this picture, not the least of which is the lack of any link between pay and performance, and the absence of any long-term performance measures. This author, a recognized expert in executive compensation, has several excellent suggestions for changing the picture.

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