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Archive: Compensation
Take One For the Team
In times of adversity, demonstrating the ability to "take one for the team" and "lead by example" is not only responsible, it is essential.
By Suzanne Nora Johnson | March 19, 2009; 03:20 PM ET | Comments (0)
Recession Heroes
George Jones and the staff of Bread for the City, who deliberated together about how to weather budget cuts, set an example of how to handle this economic crisis with grace and dignity. They are true leaders.
By Kathy Kretman | March 19, 2009; 09:48 AM ET | Comments (0)
Flying Coach
When cuts are being imposed on employees in times of hardship, leaders should not take pay cuts along with the employees. They should take them before the employees.
By Norm R. Augustine | March 18, 2009; 10:49 AM ET | Comments (0)
Method Behind the Madness
This economic crisis offers an important chance to rethink the value and pay of leaders in all areas, and organizations might be able to end the pay arms race that has not always given us leaders with the values that we want for our organizations and institutions.
By Joanne B. Ciulla | March 17, 2009; 12:17 PM ET | Comments (2)
An Open Secret
College sports is big business. Would it be appropriate for the coaches to decline these million-plus salaries? Probably not, but the press needs to offer the public more details on an open secret.
By Elizabeth Sherman | March 17, 2009; 12:11 PM ET | Comments (0)
Pay Cuts for All
All of us should share in taking a pay cut - leaders in all three sectors should engage in this involvement in rebuilding the healthy society that cares about all of its people.
By Frances Hesselbein | March 17, 2009; 10:19 AM ET | Comments (0)
Great Pay, Great Responsibility
The credibility and sense of belonging that comes of shared sacrifice could help an organization come out of this crisis stronger than before. Executives have to lead, if that is to happen.
By Bob Schoultz | March 17, 2009; 10:15 AM ET | Comments (2)
Give Back
College coaches who make more than full professors at their schools should think about giving up some of their salary to support struggling sports programs or sports scholarships.
By Slade Gorton | March 16, 2009; 01:50 PM ET | Comments (0)
Team Players Needed
As a leader or coach, sending the message that you are "looking out for number one" runs counter to the message we need, especially in tough times: That teams must pull together to win.
By Barry Posner | March 15, 2009; 10:33 PM ET | Comments (0)
Who Bears the Burden?
Unlike AIG employees receiving bonuses, college coaches and university leaders are not responsible for the economic downturn. But they should consider cutting their own salaries to protect those in a weaker position.
By Paul R. Portney | March 15, 2009; 10:24 PM ET | Comments (0)
The Emotional Slam Dunk
We experience the financial crisis emotionally, not just rationally. Therefore, the willingness of leaders to tangibly acknowledge the stress their people are experiencing is a central element of sustained recovery.
By Marty Linsky | March 15, 2009; 10:17 PM ET | Comments (0)
Encouraging Flexibility
Cutting wages is an important way to avoid lay-offs, and any leaders calling for such measures should begin with themselves.
By Roger Martin | March 15, 2009; 10:09 PM ET | Comments (0)
College Coaches Versus CEOs
Exceptional coaches have high salaries because they create winning teams and make money for the colleges that pay them. Many CEOs whose companies have had losing years can't claim the same justification for their huge salaries and bonuses.
By Michael Maccoby | March 15, 2009; 10:04 PM ET | Comments (0)
Uncommon Leadership
Leaders should share the hardships of their comrades and see to the needs of their followers before attending to their own. Such selfless leadership unfortunately seems to be a rarity in many organizations today.
By George Reed | March 15, 2009; 09:58 PM ET | Comments (0)
Private Acts
If you are going to voluntarily take a pay cut, it might be even more impressive to do it privately -- instead of publicly.
By Marshall Goldsmith | March 15, 2009; 09:54 PM ET | Comments (0)
March's True Madness
Sharing in the pain of budget cuts is both a symbolic and appropriate response to the economic crisis. "March Madness" would be ignoring the team responsibilities we have as leaders and Americans.
By Andy Stern | March 15, 2009; 09:40 PM ET | Comments (0)
Share the Pain
Research shows that a common fate and a set of shared experiences is the best way to build a cohesive unit -- and that's precisely what is required to meet the competitive challenge many companies now face.
By Jeffrey Pfeffer | March 15, 2009; 09:33 PM ET | Comments (0)
Earn Less, That Others May Work
Leaders in public institutions don't need to take a vow of poverty. But earning more than two or three times as much as the U.S. president is hardly a vow of poverty.
By Howard Gardner | March 15, 2009; 08:55 PM ET | Comments (0)
Integrity Has Many Forms
Coach Calhoun has been successful over the long run by playing by the rules and not cheating. So here's to integrity and values, no matter how they are lived and expressed.
By John H. Cochran, MD | March 15, 2009; 08:47 PM ET | Comments (0)
Walking the Leadership Walk
One of the expense-reduction measures that we at Klein Steel are prepared to execute is salary and wage cuts, but you can bet that we will start with the senior leadership of the company.
By Gen. John Batiste (Ret.) | March 15, 2009; 08:38 PM ET | Comments (0)
Compensation Limits
Peter Drucker, the best mind in management, spoke over and over about the social and moral consequences of multi-million dollar payoffs for leaders. How do you think these huge compensation packages make working people feel?
By Bob Buford | March 13, 2009; 03:41 PM ET | Comments (0)
