When it comes to handing out performance rewards, new research indicates companies really do get what they pay for with CEOs, management-issues reports.
The global study, which looked at performance over a three-year period, suggests those CEOs who received larger incentives were most inclined to lead their companies to financial success.
In contrast, CEOs at less profitable companies were found to have received lower median performance-based incentive payments.
"While there may be a few cases of companies setting goals that were too easy to achieve, it's clear that rewards play a crucial part in driving most CEOs to excel," study author Ira Kay observes.
Comments