If most companies aren’t delivering demonstrably exceptional performance, what is the justification for granting demonstrably exceptional compensation to senior executives? Rare indeed is the pay-for-performance contract that seeks to pay only for performance by separating out the effects of luck from the contributions of the skill and effort of the executive.
Content: Quotation
Author: Michael E. Raynor
Source: The Conference Board Review
Subjects: Compensation, Corporate Governance
Author: Michael E. Raynor
Source: The Conference Board Review
Subjects: Compensation, Corporate Governance
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