THE CBR ADVISORY BOARD COMMENTS ON: CEO Pay,Global Chaos,And a Possible Retreat From Benefits

Abstract

In the last issue of Compensation & Benefits Review, we reported on the CBR Advisory's Board's take on compensation fads, custom pay plans, and team pay. In this issue, we focus on the following issues: 1. what companies are doing to justify CEO pay; 2. how multinationals are moving expatriates to local or regional pay standards (rather than U.S. standards) and how they're handling high inflation and currency fluctuations; and 3. whether employers are distancing themselves from benefits and whether this, combined with trends in taxation and in the economy, spells the begin ning of a major retreat from the private employer benefits system in the U.S.