The Advisors' Blog

– Broc Romanek, CompensationStandards.com

As we emerge from the holiday period, I thought it might be worth pointing out this new study from Professor Wells – entitled “No Man Can Be Worth $1,000,000 A Year:The Fight Over Executive Compensation in 1930s America” – that claims that the furor over CEO comp has actually been going on since the 1930s.

The furor may have been going on since then, but the circumstances have dramatically changed. For example, on page 23 of Well’s study, he states that large compensation was not the norm; they were the outliers back then. I would argue that’s not the case for the past 10-15 yrs,at least for large companies. Still,the study makes interesting reading…