Performance pay included more often in CEO contracts
- May 29, 2015 |
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WILLIAM EHART
But agreeing to incentives is just the beginning: Smart associations are establishing written performance metrics every year Quatt Keller Schmatz Jahn With executive compensation increasingly tied to job performance, the focus is now shifting to measuring that performance. More and more association boards are including incentive pay provisions in contracts and backing those up with with clear, written goals for CEOs, adjusted annually. "Boards are looking for CEOs who can perform," said compensation expert Charlie Quatt, of Quatt Associates. "As a consequence, they are willing to pay more to find executives who can perform. But if they're doing that, they have… Read More
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