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.

The 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

 

   
Top Dollars

CEOs’ compensation seems to have become more closely linked to how well their companies fare, according to a survey of 350 large U.S. corporations.

 

   
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 of compensation.

 
Sources: 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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