"If you have to go outside [the company] and pay more, then
everyone's pay goes up. That's the problem with peer groups — it separates the
CEO's pay from the rest of the organization. The rest of the organization can't
experience that growth in pay."
— Charles Elson, a finance professor and director of the
Weinberg Center for Corporate Governance at the University of Delaware, spoke
with AIS's Health Plan Weekly
about what drives rising CEO pay in the insurance industry.
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