There is tremendous value in offering your executives a long-term incentive program for compensation. But if you can't offer long-term equity, what can you do? There are few ways to offer incentives without offering equity.
In business, certain functions are more important than others. And fair or not, some people on your executive team are more important than others. Their compensation should reflect that.
Eddie Lampert understood the need to transform Sears into an e-commerce powerhouse—and that was a key investment thesis of his. Yet somehow it just didn’t materialize. In business, you don't get partial credit for a good idea poorly implemented.
Our annual study of CEO pay finds—once again—that CEOs get paid a lot less than people think. The median private company CEO total compensation package for 2017? $350,622. That’s just 6.7 times the median income for all U.S. workers, not 275 times. Sorry Bernie.
Reducing waste and improving the effectiveness of your staff investment could result in added revenues, lower costs and an improvement in your bottom line.