Early Data for 2013 shows rise in CEO compensation
By now, you’ve heard all about Pay for Performance – executives’ bonuses are not predetermined anymore but instead based on the performance of the company in both the long and short-term. But by and large, shareholders have supported executives and paid them accordingly.
Here are some key statistics that show data in 2013 compared to 2012 (data from http://www.capartners.com):
- Shareholder support at 97%, up from 95%
So what does the data tell us? It seems pretty evident that executive pay is rising, predominantly through meeting targets. Executive pay is also increasingly tied to the long-term success of the company, with executives rewarded for meeting long-term goals (usually over a three year period).