Coronavirus driven CEO pay cuts lasted less than a quarter - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Some of the salary cuts that corporate execs took during the coronavirus pandemic are already being reversed

Ascena's filing noted that the pay was meant to "enable the company to retain and continue to motivate" its executives.

— meaning the initial act of forgoing a salary is often symbolic, and potentially largely inconsequential.amid the pandemic, further highlighting how complicated CEO compensation packages have become.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can I just say, F-Olive Garden?! Go to a real Italian restaurant where they make the food there.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market news: Coronavirus case surge and IMF data spooks traders - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ireland to quarantine British travellers to prevent coronavirus spread - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The Brits be like: Can't wait for the domino effect of this, wonder how many countries in total will say this to us
Source: BusinessInsider - 🏆 729. / 51 Read more »