PAY ME NOW, OR PAY ME LATER
Maybe CEOs should get paid for performance, or maybe we should be careful about what we wish for.
Executive compensation is always a touchy topic. Public companies aren’t thrilled to post the numbers, though it’s required that they do so, and those numbers can be fairly embarrassing when golden parachutes flare up, especially for those executives who by most metrics just didn’t do their job particularly well.
Critics have long argued that there isn’t a clear relationship between CEO compensation and any measure of corporate performance, which has led to the rise of say-on-pay resolutions that give shareholders a chance to approve or disapprove of executive pay packages.