Surveys and Benchmarking—What is Wrong
Practice Pointers from the Task Force
- Compensation Surveys Are Biased
—Fred Cook, Frederic W. Cook & Co.
- Understanding Pay-for-Performance
—Mark Van Clieaf, MVC Associates International
- Using Company-Centric Performance Measurement
—Althea Day, Morgan, Lewis & Bockius LLP
- Incorporating Performance and Trends into Compensation Planning
—Beverly Aisenbrey, Frederic W. Cook & Co.
- Glaring Problems with Survey Data
—Mark Van Clieaf, MVC Associates International
- Subtle Management Bias From Consultants Can Emerge Over Time
—Anonymous Task Force Member
- How to Review Survey Data: Questions to Ask
—Tracy Bean, KPMG LLP
- Executive Accountability and Excessive Compensation: A New Test For Director Liability
—Mark Van Clieaf, MVC Associates International
- A Sample Tally Sheet – And Analysis of How to Use It
—Richard Wagner, Strategic Compensation Research Associates (SCRA)
- A Simple Approach to Understanding How Components of CEO Pay Fit Together
—Richard Wagner, Strategic Compensation Research Associates (SCRA)
- Sample Tally-up Sheet #1 – Change-in-Control Scenario
—Mike Kesner, Deloitte & Touche LLP
- Sample Tally-up Sheet #2 – Change-in-Control Scenario
—Mike Kesner, Deloitte & Touche LLP
- Sample Tally-up Sheet #3 – Change-in-Control Scenario
—Mike Kesner, Deloitte & Touche LLP
- Sample Tally-up Sheet #4 – Change-in-Control Scenario
—Mike Kesner, Deloitte & Touche LLP
- Sample Tally-up Sheet #5 – Change-in-Control Scenario
—Mike Kesner, Deloitte & Touche LLP
- Sample Tally-up Sheet #6 – Change-in-Control Scenario
—Mike Kesner, Deloitte & Touche LLP
- Key Peer Group Questions that Compensation Committees Should Be Asking
—Anonymous Task Force Member
- An Example of a Board Chairman’s Revelation About Peer Groups
—Mark Van Clieaf, MVC Associates International
- Agreements and Surveys
—Tim Sparks, Compensia
Media Articles
- General
- "Pay Gap Fuels Worker Woes," Wall Street Journal (4/28/08)
- "Disparity 'Sign of Corporate Malaise'," Financial Times (10/7/07) accompanying worksheet
- "More Than Ever, It Pays to Be the Top Executive," N.Y. Times (5/25/07)
- "Progress Energy Lowers Its Incentive Targets," N.Y. Times (3/29/07)
- "Peer Pressure: Inflating Executive Pay," N.Y. Times (11/26/06)
- "How to Slow Runaway Executive Pay," Gretchen Morgenson, N.Y. Times (10/23/05)
- "Benchmarking Inflates CEO's Salaries," (AP) N.Y. Times (3/29/05)
- "Grasso's Pay Was Benchmarked to Top CEOs," Javier E. David, Reuters (2/5/05)
- "Grasso Takes More Heat on Pay," Kate Kelly, Wall Street Journal (4/20/04) (article available for purchase by online subscribers) (regulators are investigating whether Grasso manipulated pay process by inappropriately influencing compensation consultant and forcing board members to make hasty, uninformed decisions)
- "Does the Use of Peer Groups Contribute to Higher Pay and Less Efficient Compensation," John M. Bizjak, Michael L. Lemmon and Lalitha Naveen (4/04)
- Surveys
Firm Memos
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