Some old standbys used to attract and keep execs are not being relied upon as frequently, according to an ExecuNet survey of 476 search firm consultants and corporate human resources professionals.
Here’s the data comparing this year and last.
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Compensation Data For Executive Hires
(2008-2009)
Element | Percent of Packages 2009 | Percent of Packages 2008 |
Performance Bonus | 71% | 80% |
Performance Review Within First Six Months | 42% | 56% |
Non-compete Agreement | 38% | 65% |
Guaranteed Severance | 34% | 44% |
Stock Options/Equity | 32% | 51% |
Sign-on Bonus | 29% | 36% |