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  • Poor Disclosure and Elitism: The Problems With Executive Benefits

    The rich are different than you and me, F. Scott Fitzgerald wrote. That truism can be applied to the differences between employees and executives today, and perhaps nowhere is the gap more conspicuous than in the benefits and perks executives receive while they're working for a company -- and continue to receive once they retire. Moreover, most companies hide these perks. The time has come, writes this author, to open up and disclose.
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  • Wall Street Example: Bringing Excessive Executive Compensation into Line

    The market is up, and the CEO is rewarded with a huge compensation package. The market is down, and the CEO is rewarded with a huge compensation package. There's plenty wrong with this picture, not the least of which is the lack of any link between pay and performance, and the absence of any long-term performance measures. This author, a recognized expert in executive compensation, has several excellent suggestions for changing the picture.
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