CEO pay: a lagging indicator of recession?

CEO pay: a lagging indicator of recession?
Document type
Report
Corporate author(s)
Hay Group
Publisher
Hay Group
Date of publication
1 May 2009
Subject(s)
People management: all aspects of managing people, Management & leadership: including strategy, public sector management, operations and production
Collection
Business and management
Material type
Reports

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This paper sets out a snapshot of changes already seen in companies' Remuneration Committees when deciding what to do with executive pay and summarises the pressures building for further change. It suggests that navigating between the concerns of executives and the legitimate demands of shareholders and other stakeholders using the old tools of market data and institutional shareholder guidance looks dangerously uncertain at present.

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