July 7, 2003
CEO salaries down; burnout; underlings
Posted by deisenhart@bostonworks.com">Douglas Eisenhart
at 10:04 AM -
Three stories from this week's "Out in the Field" from the Boston Globe:
CEO compensation:
Cuts in cash bonuses coupled with the stagnant economy's negative impact on revenues led to a 22.6 percent decrease in total cash compensation to the highest paid executives, according to a report by the Economic Research Institute and CareerJournal.com.
Burnout:
A lot of workers are suffering from burnout.
Such are the findings of a survey by The Discovery Group, a Sharon management consulting firm. The company, which based its findings, on information gleaned from 59 companies with a total of 50,000 employees, found that 40 percent feel physically and mentally exhausted at work.
Underlings:
Just about anybody can learn to be a boss, but some people can't stand being a member of the rank and file.
So says a new study slated for publication in the October 2003 edition of the Journal of Personality.
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