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
Big and Brick in... $365,000
House 3 1 1
The Summit $350,000
Residential Land 0 0 4

Featured Jobs

finda logo

Warwick jobs listed daily

Featured Jobs
FULL TIME WEB... Fortitude Valley Full Time 75,000 - 100,000
GENERAL MANAGER ... Gladstone Full Time $120 - $150


Local Partners

LATEST DEALS AND OFFERS

Free Seed Packets

with token from today's paper
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Post an ad from $30
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

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

Edit Profile


Special Offers

Latest deals and offers

View today's ePaper!

Read the digital edition
Learn More

Horoscopes

Virgo

This could be a day where you decide to spend big on clothing, jewellery and other fashion items that could make you feel more attractive. It...

read more

Marketplace

Special Offers & Promotions

Compare & Save