Tag: Peer Group

Peer Group ‘Arms Race’ for Executive Pay?

By HR Daily Advisor Staff Sep 6, 2011 Benefits and Compensation

Updated: Sep 6, 2011

Peer Group ‘Arms Race’  Boyd, a researcher at Boston-based compensation consultant Equilar, says that pay ratcheting is a concern when companies compare themselves to their peer group. “For instance, you decide to set your CEO’s pay above the median of the peer group. Then other companies see that figure and want to set their CEO […]

Build a Perfect Peer Group for Compensation Comparisons

By HR Daily Advisor Staff Sep 5, 2011 Benefits and Compensation

Updated: Sep 5, 2011

Who’s in Your Peer Group?  The first thing to do is to decide which companies should make up your peer group, says Boyd. Should you compare to companies:  Against whom you compete for business? Whose revenues are approximately the same as yours? With about the same number of employees? In the same industry?   Isn’t there […]