TITLE

Opening Keynote: Rethinking Pay for Performance

AUTHOR(S)
Perry, Debra
PUB. DATE
April 2009
SOURCE
Boardroom Briefing;Spring2009, Vol. 6 Issue 1, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article explores the lessons learned about pay performance during the financial crisis which can help improve future performance. These include setting acceptable limits when designing compensation design and metrics, performance pays should be linked to the period when profits or loss materialize from the business, and the difference in the pay levels of senior executives and officers has high social costs. The board is urged to assess what really pay for performance is all about.
ACCESSION #
40209847

 

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