Analysts from Organizational Capital Partners (OCP) found that a company’s economic performance bears only a fleeting influence on how it pays its top employee. Performance explains only 12 percent of variance in CEO pay, the report says, while the other 88 cents of every dollar of difference is explained by factors that have nothing to do with how the chief executive does his job. The size of the company, its past pay levels, the industry in which it operates, and basic inflation combine to explain almost two-thirds of the variation in pay between CEOs at comparable firms.
Posted on: Mon, 17 Nov 2014 15:46:36 +0000
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