Compensation and the Myth of the Corporate Superstar
Harvard Business Review
FEBRUARY 1, 2012
The public is up in arms about some of the big bonuses being paid to the CEOs of big bailed-out banks. The boss of Britain's RBS, one of the biggest casualties of the banking crash, has felt obliged to turn down a $1.5 Bottom line, a compensation setting process that is reliant on peer comparisons is misguided.
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