TITLE

Pay for performance is the only way forward

AUTHOR(S)
Philpott, John
PUB. DATE
July 2003
SOURCE
Personnel Today;7/8/2003, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Strengthened by government regulatory changes that have opened up access to information on executive remuneration and provided new rights to vote on reward packages, shareholders have been keen to hold company boards to account to ensure executive pay reflects performance in Great Britain. More than a quarter of HR and training professionals feel their director or chief executive is overpaid, while about ten percent reckon their employers do not care about the fairness of pay decisions. The message from HR is that organisations that want to avoid legal controversy must consider both the pros and cons when it comes to executive pay.
ACCESSION #
10643641

 

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