How CEOs Are Rigging The Game To Get Paid More

The paranoid water-cooler lament that the boss has rigged the rules so that he will get paid even if he screws up is mostly true, according to new in-depth research on executive compensation rules and company performance. Analysts from Organizational Capital Partners (OCP) found that a company’s economic performance bears only a fleeting influence on how it pays its top employee. Performance “explains only 12 percent of variance in CEO pay,” the report says, while the other 88 cents of every dollar of difference is explained by factors that have nothing to do with… Read more…

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