20Jan/090
Week of January 12th
What's News is a regularly updated summary of news stories, typically related to compensation, that we are following, find interesting, or find baffling.
Week of January 12th…
- Robert Frank, a Cornell economist, discusses the possible unintended consequences of limiting executive compensation, something that is receiving increasing attention from shareholder activists and politicians. Limiting fixed executive compensation costs (i.e. base salaries) to a multiple of the broader employee population's base salaries has shown merit. However, the components of pay that link to performance should not be capped. We strongly believe all employees should be rewarded for creating shareholder value through meeting their performance objectives. And conversely, should not be rewarded when performance criteria are not met.
9Jan/090
Week of January 5th
What's News is a regularly updated summary of news stories, typically related to compensation, that we are following, find interesting, or find baffling.
Week of January 5th…
- In response to ten questions posed by a Congressional Oversight Panel, the Treasury Department admitted that they still have no way of determining if companies receiving TARP funds are complying with the executive compensation restrictions (Download the PDF). This is really no surprise given
