TITLE

AS EXECUTIVE COMPENSATION BECOMES TOPIC A (AGAIN), THE REAL OUTRAGE IS HOW CEOS ARE PAID, NOT HOW MUCH

AUTHOR(S)
Colvin, Geoff
PUB. DATE
May 2010
SOURCE
Fortune International (Europe);5/3/2010, Vol. 161 Issue 6, p20
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
The article criticizes the manner in which companies determine the pay of their chief executives. In the author's view it makes little sense for firms to base executive compensation on corporate earnings. He also believes executive pay should not be based on performance relative to an industry peer group.
ACCESSION #
49697896

 

Related Articles

  • Paid to Perform.  // New Zealand Management;May2004, Vol. 51 Issue 4, Special Section p6 

    Provides information on a survey on CEO salary in New Zealand conducted by Sheffield, a senior executive recruitment company. Difference in the compensation of CEO in Australia and New Zealand; Percentage of New Zealand CEO who are employed by offshore companies due to higher compensation;...

  • Recon.  // Mother Jones;Nov2005, Vol. 30 Issue 6, p18 

    This article discusses the compensation package given to top executives in the U.S. In 2004, the average salary for top CEO was $11.8 million, 431 times that of the average worker. Chief executives in the struggling automobile industry have a median income of $4.2 million, up 72% from 2003....

  • CEO and Senior Executive Pay, a Historical Debate? McGill, John // NZ Business;Sep2014, Vol. 28 Issue 8, Special section p34 

    The article examines the debate between the pay of chief executive officers (CEOs) and senior executives. Topics mentioned include the options for CEO and senior executive pay such as the right pay structures, the correct uses of incentive pay whether short term or long term, knowledge and...

  • Report: Latest CEO pay packages emphasize incentives. Berta, Dina // Nation's Restaurant News;11/19/2007, Vol. 41 Issue 46, p8 

    The article reports on the results of HVS Executive Search's survey of the pay practices of 60 restaurant companies in the United States. The study showed that chief executive pay packages at publicly traded restaurant chains indicate growing emphasis on cash incentives and stock awards. Also,...

  • UK private sector CEOs average 6% rise in salaries.  // Personnel Today;10/17/2006, p63 

    The article reports that there has been an average 6% rise in salaries of private sector CEOs in 2006 in Great Britain. According to business consultancy KPMG's Survey of Directors' Compensation 2006, the current average basic salary for a Great Britain chief executive working in an FTSE 100...

  • Alberto-Culver sets new CEO's salary. Jargon, Julie // Crain's Chicago Business;11/27/2006, Vol. 29 Issue 48, p3 

    The article reports that the salary of Alberto-Culver Co.'s new CEO James Marino has been increased 37% to $725,000. The raise is besides a restricted stock grant and performance-based awards.

  • Compensation Committees: Probing Beyond the Formulas.  // Directors & Boards;Spring84, Vol. 8 Issue 3, p41 

    The article presents the comments of five executives on the major challenges of compensation committees. Robert I. Smith shares that it is determining a competitive salary and benefit plan. Robert H. Platt explains that it is being certain of the method of compensation. E. M. de Windt says it is...

  • Turbulent year Affects Pay Levels.  // Community Banker;Jun2009, Vol. 18 Issue 6, p14 

    The article discusses "The Wall Street Journal"/Hay Group CEO Compensation Study in the U.S. Findings suggest that chief executive officer (CEO) compensation dropped in 2008, with an 8.5% decline in overall cash compensation, and 10.9% drop in annual incentives. It is noted that financial...

  • 'We just don't see a SLOWDOWN' Evans, Melanie // Modern Healthcare;7/28/2008, Vol. 38 Issue 30, pS1 

    The article reports on salary and incentive increases among not-for-profit healthcare executives in the U.S. throughout 2007, courtesy of a survey conducted by this journal. Median pay for chief executive officers rose between 6 to 10 percent. Base pay for chief executives at free-standing...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics