Bonus Targets Can Be Real Easy for Bosses in a Volatile Industry

Our Chairman & CEO, Brent Longnecker, was recently quoted in this article, Bonus Targets Can Be Real Easy for Bosses in a Volatile Industry, that uses the example of US Steel’s bonus payouts to discuss easy compensation targets that are set for executives – a long-time complaint of shareholders. The economy is constantly changing, so it is best to adjust compensation programs accordingly. The authors suggest boards use tools such as payout caps and discretion (as opposed to solely using formulas) to “even out fluctuations caused by external events”.

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