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“Why do [statistical] sampling if you don’t have to be perfect in the information to get to the [employee pay] median? Why not use the imperfect, yet reasonable, effort to collect information?” asks Deb Lifshey, managing director at Pearl Meyer.
Deb Lifshey with Pearl Meyer noted, “What we are seeing in the proxies that have been filed to date, is that the average median compensation reported is about $72,000, which is higher than we thought.”
“If they [employees] believe they are paid less than median, it may impact productivity and job satisfaction and even lead to retention issues,” said Deb Lifshey, managing director at Pearl Meyer.
Deb Lifshey with Pearl Meyer said, "In any company with lots of seasonal or part-time workers or a lot of turnover, you’re going to have high [CEO Pay] ratios.”
“As a result of the last couple of years’ [discussion] around the limitations of TSR as a measure of what management is doing right now, there is a lot of focus on [whether] the measures that we’re using in our plan [are] connected to our strategy,” notes David Swinford, president and CEO at Pearl Meyer.