Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The Czar

The front page of this week’s New York Times Sunday Business Section reported that a recent study found that the changes made in pay practices by 191 of the nation’s largest companies indicated, instead of finding a greater reliance on long-term incentive programs as a percentage of total compensation, most of these companies are making short-term incentive pay a bigger part of the compensation pie. Not terribly surprising, since long-term compensation in the form of restricted stock grants and fund promotes has become skimpy to worthless. However, this shift will not encourage long-term thinking and planning. There is going to be a lot to sort out on the compensation front as the recovery emerges over the next couple of years. Of course, at the same time, we have the “Pay Czar” with loaded guns, hunting to establish “appropriate” levels of compensation for the institutions now within his domain. If I were in his sights, I would duck.

Tony LoPinto is CEO of Equinox Partners, an executive search firm specializing in the real estate industry, and parent company of SelectLeaders. The views expressed in this article are the author’s own.

WEBINAR ON-DEMANDJob Opportunities in a Turbulent MarketIn today’s real estate marketplace, finding and keeping meaningful employment – whether you are a manager, developer, investor, broker, or architect – is a difficult and constant challenge. GlobeSt.com and the SelectLeaders Job Network are pleased to present this important online event to identify key job growth areas, the types of positions that are in demand, and approaches necessary to flourish in this downturn. Recorded on Tuesday, June 9, 2009, 12:30 PM ET. Cost: $59.VIEW ON-DEMAND NOW >

Job Opportunities
WHOLE FOOD MARKETLease Administrator CAM Analyst(AUSTIN, TX) The analyst will direct the company’s Common Area Maintenance (CAM) reconciliation and other related lease administration functions.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.