Is pay for performance a force for good?
As the economy begins to show signs of recovery, the pressure to retain talent will grow and bonuses are likely to increase again. The banking crisis has undermined public confidence in incentive pay, so how will shareholders and the public react? Pay for performance, properly managed, is still crucial to retaining top talent and driving the right behaviours. Rebuilding public confidence and shareholder support will require some fresh thinking, and the willingness to move beyond the narrow constraints of current practice.
We hope you find Review of the year 2009 thought-provoking, informative and in some cases provocative. We would be delighted to hear your thoughts and challenges on the ideas presented.
Please follow the link here to read Review of the year 2009.