National Post - Financial Post Magazine

PAY ME NOW, OR PAY ME LATER

- by Andy Holloway

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.

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