Sunday, December 4, 2011

Public packaging: Image has become a prime consideration when companies put together compensation deals - Pittsburgh Business Times:

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“In terms of the offert I got, I didn’t make this move for money, so the economicsw were fair but certainlynot lavish,” said whose salary and benefitz were not disclosed by F.N.B. “It tended to matcgh (my prior pay) with a little bit of Although I do think the markef was startingto change, part of the issus was (F.N.B.’s previous Pittsburgh Vince (Delie) had been promoted and was attemptingt to do two jobs. He and I had been talkint for acouple years, seeinyg if we couldn’t find out a way to work So it was something that evolved over the coursed of time and reflected some of the significany supply and demand changes in the market.
” Had the transitionm taken place a few monthds later when the economy sputtered further downward, Williams doesn’tf think the package wouldc have differed — for himself or, for that other executives moving into high profile posts. “I thinkj a lot of that is determined on what upsidr the individual can bring tothe organization,” he “Companies are willing to pay more for someon e who can add more immediate value. That tendes to be people who are attachedto revenue-producinf parts of the company, and in our industry, at this momentg in the market, people who can add valure out of maybe some of the disruptiohn that’s taking place, too.

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