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HR Center: HR Blog

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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