Higher bonus compensation creates need for agreed-upon goals, metrics
From left, recruiter Leslie Hortum, attorney Greg Needles and compensation consultant Charlie Quatt at the CEO Update LIVE Executive Compensation Forum.
Dec. 13, 2019
By William Ehart
A full-employment economy and greater demands on executive performance are continuing to push association CEO compensation higher. Meanwhile, incentive pay is becoming more attractive to both sides.
Those were among the insights of a panel of experts convened for the CEO Update LIVE Executive Compensation Forum held Dec. 11 at the Fairmont Washington D.C. hotel.
“We have a great economy, and I think that has really kept things going strong,” said executive search consultant Leslie Hortum of Spencer Stuart. “We have seen unprecedented (CEO turnover) in the last several years. These jobs continue to be attractive and competitive. … The demand for strong talent is very intense.”