Expert Perspective

  • Rail Against the Chief
    executive total rewards

    Rail Against the Chief

    October 12, 2019

    Originally posted September 2010 Executive compensation and what is seen as near gluttonous bonus payments during a time when the average American is more likely hurting than not has been a recurring theme in the media.  The Institute for Policy Research has completed its 2009 study of CEO pay titled CEO Pay and the Great...

  • Multi-Dimensional Executive Compensation
    executive total rewards

    Multi-Dimensional Executive Compensation

    October 12, 2019

    Originally posted December 2014 In their December 4, 2009 article, How much should Goldman pay its CEO? published in Money.com authors Antony Currie and Rob Cox say “Figuring out the right level of pay is hard, though. For starters, while Goldman is on course to earn almost $11 billion this year, it has done so...

  • Bucking the Trend
    executive total rewards

    Bucking the Trend

    October 12, 2019

    Originally posted February 2010  In the February 2, 2010 article by Joe Bel Bruno (Dow Jones News Wire) in The Wall Street Journal (Lazard Posts 4Q Loss On Compensation Costs) tell us that “Lazard Ltd. reported an unexpected fourth-quarter loss Wednesday, hurt by charges triggered from the death of its former chief executive and a...

  • Consequences of Heath Care Reform
    employee total rewards, executive total rewards

    Consequences of Heath Care Reform

    October 12, 2019

    Originally posted November 2010 Richard Alonso-Zaldivar’s article, Could overhaul undermine employer health coverage?, for The Associated Press published by MSNBC October 24, 2010 defiantly raises the issue of possible unintended (or maybe even intended) consequences of Heath Care Reform.  He writes: “The new health care law wasn't supposed to undercut employer plans that have provided most...

  • How to Handle Conflicts of Interest?  Don't Create Them in the First Place!
    board governance services, executive total rewards

    How to Handle Conflicts of Interest? Don't Create Them in the First Place!

    October 12, 2019

    Originally posted October 2009 There has been much written about the challenges and problems associated with conflicted executive compensation consultants.  The SEC has proposed wide disclosure of most services provided to fees paid by publicly traded companies for consulting services in the hopes that this transparency will limit both real and apparent conflicts of interest...

  • The Real Problem With Long Term Incentives
    executive total rewards

    The Real Problem With Long Term Incentives

    October 12, 2019

    Originally posted December 2009 What is missing in the December 7, 2008 opinion piece in Financial Week authored by Gregg D. Polsky, professor of law at the Florida State University College of Law is an understanding of time.  Stock options for most organizations’ executives fully vest over 3, 4, or 5 years. In fact almost...

  • There is no "We" in Team
    employee total rewards, executive total rewards

    There is no "We" in Team

    October 12, 2019

    Originally posted March 2010 In his March 4, 2010 article for the Wall Street Journal (How Much Does Pay Matter?) author Alan Murray concludes his article by saying:  “The bottom line is this: Incentive pay is an effective tool in situations where performance can be fairly measured and where it is based largely on individual effort....

  • Is there any real importance to the ratio of CEO to average worker pay?
    board governance services, executive total rewards

    Is there any real importance to the ratio of CEO to average worker pay?

    October 12, 2019

    The September 17, 2010 article in Financial Times (CEO/employee pay ratios) again addresses the nagging question of the seemingly outrageous difference between CEO pay and that of the average worker but raises the question as to whether a larger or smaller differential is “better”.   The author writes: “Would you work harder if the ratio [between the...