Conscious Compensation Parable From Auto Parts Manufacturing Companies

Fred WhittleseyConscious Compensation: The Impact Compensation Blog0 Comments

As a compensation consultant, I work with three auto parts manufacturing companies.The first, Company A, is a traditional company and has been in business for many years.  They market to all of the auto manufacturers, plus aftermarket suppliers.  Being a disciplined business, they seek the lowest prices for raw materials, labor, and capital that allows them to make parts within … Read More

The Myth of the Average Worker Pay Ratio

Fred WhittleseyConscious Compensation: The Impact Compensation Blog, Pay and Performance: The Compensation Blog0 Comments

Are CEOs overpaid? Many people think so. If so, many potential causes have been identified: CEOs with too much power, inattentive boards of directors, conflicts of interest by compensation consultants, the use of stock options – the list goes on. Depending on the source, the average CEO in 2005 was paid $10 million to $15 million dollars. This calculation usually … Read More