Tag: Benchmarking
Decrease in CEO pay variation blamed on ‘reciprocal benchmarking’
Chief executive pay deals in the US have begun to cluster around the same levels regardless of the size or profitability of the firms involved.
How technology could transform board evaluations
Reforms to corporate governance could require greater board evaluation, but this needn’t be a headache. Technology in the shape of an external evaluation tool can help give businesses an edge, especially in the collection and anonymisation of data.
Benchmarking promotes ‘arms race’ in boardroom pay
Remuneration committees should use broad-based data rather than rely on benchmarking reports to determine executive pay levels, says L&G.