E-PAY
Dot-coms more likely to link pay to performance
New economy companies in the USA are increasingly rewarding their senior executives with salaries and bonuses linked to performance, according to a survey by PricewaterhouseCoopers (Financial Times, 22 August 2000).
As Ed Speidel, director of PwC’ s executive compensation practice, told the Financial Times: The internet companies are acting and feeling more like traditional bricks-and-mortar companies, especially with investors focusing more on profitability of those companies.
Want to know more?
Take a look at the review published by the Financial Times on 22 August 2000. You can access it on the FT’ s web site at www.ft.com or jump to . . . http://tm0.com/sbct.cgi?s=47381406& i=234450& d=381312
Check the PricewaterhouseCoopers web site . . . www.pwcglobal.com