Keeping talented employees is critical for success given skills shortage. Employers need to devise new approaches to retain younger staff as boomers retire.
CEO performance and remuneration: A boardroom perspective
An Insync Surveys study in conjunction with Board Benchmarking
This is the second in a series of boardroom perspectives based on the views of 625 directors who sit on 79 different Australian and New Zealand boards. It deals with boardroom perspectives on CEO performance and CEO and senior management remuneration.
Remuneration and in particular the bonus packages of CEOs and senior management have been in the spotlight across the globe in recent times. It will probably take some time before the community, shareholders, boards and management get on the same page in terms of what constitutes an appropriate remuneration package. The Global Financial Crisis provides organisations with a good opportunity to re calibrate their thinking. Boards must provide leadership and direction in relation to this very important issue.
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