Complex pay won't motivate execs

pwc.co.uk

EXECUTIVES are so confused by the complicated pay packages lavished on them by remuneration committees they are no longer motivated by them, a study has claimed.

The report, by PricewaterhouseCoopers and the London School of Economics, torpedoes one of the main arguments used in defence of some of the most controversial pay packages which company chairmen have claimed are "vital" to motivate executives.

Researchers who interviewed 1,106 executives from 43 countries were told that paying long-term bonuses in shares meant pay was too volatile and that executives would prefer lower rewards that offered more certainty.

Because of this it argues that the value executives place on their pay plans is "materially lower than the cost to companies of providing them".

Topics:  london school of economics, pricewaterhousecoopers



Local Real Estate

finda logo
Featured Real Estate
Massive family home on... $399,000
House 4 1 1
4 Beds 2 Bath 4521m2 ... Interest Above...
4 2 4
Stunning Ocean View... Interest over...
House 4 3 4
MUST BE SOLD !! All Offers...
House 4 2 2

Featured Jobs

finda logo

Coolum jobs listed daily


Featured Jobs
Crossing Supervisor ... Peregian Springs Part Time
PROPERTY MANAGER... Peregian Beach Full Time



Local Partners

Local Profile

Stay Connected

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Horoscopes

Libra

You could be invited somewhere that you find very uncomfortable. You'll remain polite, but you will not enjoy the experience. Demands at...

read more

Marketplace

Special Offers & Promotions

Compare & Save