Companies begin to reward 'green' execs
Huge growth in number of bonus packages offered for criteria including customer satisfaction, employee engagement and environmental performance
Companies are increasingly rewarding top executives on the basis of
non-financial measures such as customer satisfaction, employee engagement and
environmental performance,
PricewaterhouseCoopers
has said.
There has been a dramatic growth in the number of bonus packages offered on a
combination of financial, non-financial and individual measures, the firm said.
According to the Big Four firm, some 13% of packages were based on such
criteria in 2005/6, and 31% in 2006/7.
Duncan Brown of PwC said: ‘We are seeing a continuing shift towards variable
pay in UK plcs and a growing emphasis on long-term performance when determining
executive pay.’
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