Is there something called a fair compensation package for CEOs?
In every market the compensation package is different. Last year the average CEO cash compensation in the US averaged out at $ 1.1 million. The total compensation was $ 7.8 million of which a lion’s share was by way of equity. In Europe, the average compensation of a CEO was $750,000 – 800,000. Is recruitment of a CEO for a large enterprise different from recruitment of a CEO for a small or medium enterprise? I believe it’s a matter of getting exposure of running a bigger group of people and an enterprise. The basic principle is to reflect on what one has learnt over the years, even if the learning has taken place in a smaller organisation. Would you agree that HR outsourcing is a trend that’s catching on? I believe that companies should outsource more HR services. There is huge disconnect in the business world today. The HR does not understand how a business is run. In fact, if one can outsource other activities like compensation benefits and payroll, et al, one can spend time in eval
