After pausing in 2007 with just a 7% increase insalaries, retail compensation at public companies in the sporting goods sectoraccelerated in 2008. Certainly, retailer managers generally fared better thanshareholders, as stock prices of retail companies in the sector fell 44% forthe year.
Only 13 of the 79 executives in the study were awardedperformance bonuses; however, increases were made in other forms ofcompensation such as stock and option grants. Perhaps the most common method ofincreasing compensation was non-equity compensation, which is generally a morediscretionary bonus that is awarded by the compensation committee for achievingcertain goals such as restructuring a company. It was ... Log in to view full article.