The debate about Pay-for-Performance (only for a select few at the top of the company pyramid) rages on. To justify high pay for good performance as a management tool is based on questionable logic. Naturally those benefiting from the resulting excesses that result are finding reasons to defend this relatively recent ideology. But what about the CEO who struggles heroically in a business that is beset with problems that are out of its control, does an excellent job but has to live with results - while much better than they could have been if he would have made wrong decisions - that do not reach the performance yardsticks that some well-paid 'compensation consultant' has sold to a company board or compensation committee?
(2-October-2016)
No huge surprise here, but if you’re the person at your company who is
expected to be on top of the status of the SEC’s climate disclosure rules,
it’s wort...
19 hours ago
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