Time to tighten the belt?

Wright, Vicky
September 2008
People Management;9/4/2008, Vol. 14 Issue 18, p24
The article focuses on the role of remuneration committees in rewarding a chief executive who is steering a company through a tight and competitive market. The committees need to take stock of what has been happening to executive reward in the past few years, review what needs to be done in the coming months and consider the remuneration strategies, policies and practices that will ensure success after the economic turbulence has subsided. The temptation for remuneration committees is to make new share grants or pay cash bonuses to create new handcuffs.


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