Published in The Wall Street Journal October 24, 2009 by Erin White, Joann S. Lublin, and Cari Tuna
Companies as diverse as Polo Ralph Lauren Corp. and Sysco Corp. are adopting executive-pay plans that echo principles laid out by government regulators, potentially signaling a broad shift in compensation practices.
The changes at these non-financial firms aren’t a direct response to moves by Treasury pay czar Kenneth Feinberg and the Federal Reserve, which apply to banks and big recipients of government bailout funds. The recession, more than government regulation, is driving some of the moves.
Archive for October 24th, 2009
Newsfeeds
Range of Firms Alter Executive-Pay Policies
Announcements
Announcing the 2010 Total Rewards Turnaround Research Study
This study is unlike any other you have seen recently. For most firms, the major effort for the past year or so was directed towards cutting costs “across the board” in an effort to respond to the turbulent economy. But now, as early signs of recovery loom on the horizon, most, if not all companies are beginning to “re-think” their rewards programs. This study is timely and compelling.
To participate in the survey follow this link and click contact survey leader Claudia DeFrancisco at claudia.defrancisco@grahall.com.