In Era of Uncertainty, Execs Prize Corporate Stability
Top managers no longer boast
of their stock-option grants, and the downturn in equity
markets is just one reason why. Three new studies of executive
compensation and motivation reveal what companies and
their senior staff expect from each other when no one
knows what tomorrow will bring.
Value of Intangibles
In a survey of 1,400 CFOs, respondents ranked
the factors involved in deciding whether to accept a
job offer. The primary consideration, after salary
and traditional benefits, was
CEOs’ compensation seems to have become more
closely linked to how well their companies fare,
according to a survey of 350 large U.S.
Spreading the Risk
Senior finance officers at 55 large service
and industrial companies (averaging $18.5 billion in
revenues) received 1999 pay packages consisting
largely of options and other performance-based forms
RHI Management Resources, Menlo Park, California, www.rhimr.com ;
William M. Mercer, Inc., New York City,Pearl Meyer &
Partners, New York City.
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