- Steve Jobs is a man of a few words
- Internet routing blasts into space
- 15 free downloads to pep up your old PC
- IBM smartphone software translates 11 languages
- New attack fells Internet Explorer
Executive compensation has been a hot-button issue for several years, and the final crop of fiscal year 2007 proxy statements filed in March and April did little to quell the cry for reform from industry watchdogs, activist shareholders and the general public.
In the high-tech industry alone, dozens of CEOs came away with multimillion dollar compensation packages, pumped up by huge stock and option awards.
"Half of these companies had horrible years for their stockholders, yet the CEOs still walk away with sinful amounts of money," voiced one Network World reader in response to our compilation of CEO compensation at 30 network-industry companies. "As an investor, I would like more accountability from the executives of publicly held firms. By accountability, I don’t just mean that they have to certify their financial reports. I mean they shouldn't get a bonus unless they have improved the investors’ positions."
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Such comments echo complaints that have been voiced for years. "Executive compensation is under attack and has been for a number of years," says Nora McCord, a consultant at Steven Hall & Partners, which specializes in executive compensation consulting.
Partner Content
www.bmc.com
Gartner 2009 Magic Quadrant for Job Scheduling
Gartner has positioned BMC CONTROL-M in the Leaders Quadrant of their "2009 Magic Quadrant for Job Scheduling." The report assesses the ability to execute and completeness of vision of key vendors in the marketplace. Read a full copy today, courtesy of BMC Software.
Download whitepaper
Dell's SMART Approach to Workload Automation
Read a compelling case study by EMA, Inc. to learn how Dell uses BMC CONTROL-M to cut cost and increase productivity with workload automation.
Download whitepaper
Workload Automation Cost Savings 2 Minute Video
A major computer manufacturer uses BMC CONTROL-M and just four people to schedule and run over 85,000 jobs every month. By switching to BMC CONTROL-M, they more than quadrupled the workload without adding a single staff member. See how in this 2-minute video overview.
Go to video
Comments (1)
Compensation Can't Be Short-SightedBy Anonymous on May 12, 2008, 9:27 amShareholders need to demand long-term assestment of Management performance instead of just short term. Many of the problems seen by the Mortgage industry (as well...
Reply | Read entire comment
View all comments