Greg Arnold featured in Workforce: “Paying the Boss: Compensation Rises — as Does Performance Expectations”
Greg Arnold was featured in a recent Workforce article, “Paying the Boss: Compensation Rises — as Does Performance Expectations.”
According to the article, “Companies appear to have gained a better sense of how to set reasonable-yet-challenging targets with effective metrics that serve investors.”
The trends have resulted in what compensation consultant Greg Arnold calls “homogenization” as companies comply with what Institutional Shareholder Services Inc. and Glass Lewis & Co., the nation’s two major proxy advisers, consider to be good pay programs.
“Homogenization doesn’t make sense for all companies and all circumstances,” said Arnold, a principal at Semler Brossy, an executive-compensation consulting firm. “The challenge for the [compensation] committee is to figure out when to go along with those things that are viewed as ‘best practice’ and when to deviate.”
Read the entire article: “Paying the Boss: Compensation Rises — as Does Performance Expectations.”