Document Type
Report
Key Takeaways
• View the pay of top executives as an overall strategy, not a series of individual decisions. • Executives respond to comparisons of their pay with that of peers in their own organization, but also with the pay of peers in other organizations and with their CEO’s pay. • Executive turnover is minimized when executive pay is higher than external peers, similar to internal peers, and substantially lower than CEO pay.
Publication Date
2015
Source
Ridge, J. W., Hill, A. D., & Aime, F. (2015). Implications of multiple concurrent pay comparisons for top-team turnover. Journal of Management, In Press.
Disciplines
Business
Copyright
© 2015, University of South Carolina
Publication Info
Ridge, J. W., Hill, A. D., & Aime, F. (2015). Implications of multiple concurrent pay comparisons for top-team turnover. Journal of Management, In Press., 2015.