What C-Suite Executives Want in a Compensation Plan

This editorial column makes the case why compensation committees are focusing on the wrong issues in their efforts to design executive pay programs that will help attract, retain and motivate top talent.  While Directors assume it's of paramount importance to understand and reflect market pay levels and practices, "fairness" is a relative term. The reality is that senior managers care about more than absolute dollars when judging if they're paid well and fairly.

Pearl Meyer Chairman David Swinford discusses those alternative priorities and how directors can get more insight into and respond to what executives are really thinking about compensation.