1. Executive Pay Disrupted at Tech Giants

    Executive Pay Disrupted at Tech Giants

    Amazon.com, Alphabet and Facebook have upended the establishments in retailing, advertising and media -- so it may not come as a surprise that their pay plans are unusual too. The three set themselves apart from other Standard & Poor's 500 Index companies by paying bosses almost exclusively in stock grants that are free from any links to performance goals ...

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    1. A pay program that isn't strictly bound to a formula gives the board more latitude to adjust to situations in real time.
    2. Talent makes or breaks a company -- that's true everywhere but it's especially true here.
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