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Performance-based pay for executives is commonplace in leading companies, but few have implemented performance incentives across their broader workforce.
For every beginning there is an end; but too few executives plan for it, to their cost.
The Commonwealth Bank has frozen the pay of its CEO and executives, but executives can turn it to their long-term advantage.
The new financial year is not bringing welcome economic tidings. How can leaders take the initiative?
And is there any relationship between renumeration disclosure and executive performance?
The extent that executive pay levels rose last year was surprising, with CEO pay increasing by 7%.