(From Business Wire) -- Corporate executives can expect moderate
salary increases and tougher performance hurdles in 2012, according
to a new survey from independent compensation consultancy Pearl
Meyer & Partners. The firm’s annual preview
of executive pay programs shows companies are modifying
incentive-based compensation programs in response to pressures to
provide a better alignment between executive pay and performance.
“Both the survey results and our client work point to a
recognition by corporate leaders that linking pay to performance is
absolutely essential – and that they’re
less than satisfied with their current programs in that
regard,” said Jim Heim, Managing Director of Pearl
Meyer & Partners.
The 190 survey participants in PM&P on Compensation
Planning: Looking Ahead to Executive Pay Practices in 2012
from the Fortune 50 to emerging high-growth companies. Publicly
traded companies accounted for 57% of survey participants, while
29% were closely or privately held, and the rest not-for-profits.