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The idea that one who presided over large-scale gifting is considered best suited to judge exec comp is revealing, in itself. As I posted over at the WorldAtWork Public Policy blog earlier today:

Generalities abound, but no specifics and no input from compensation people at any level that I could see. Get Fred Cook, Bud Crysal, Jay Schuster, etc., involved and you might see some meaty common sense. So far, all I see is academics, SEC types and pet attorneys spouting platitudes and engaging in gesture politics.

Let me see, President Obama campaigned on a platform of greater transparency in the federal government, and his new pay czar wants more transparency in compensation decisions.

But President Obama has appointed a record number of "czars" to bypass the regular transparent process for selecting government leaders.

I guess the lesson is "Do as we say, not as we do!"

Jim:

True, true, all true. And, as you say, quite revealing.

Paul:

It would seem that way, wouldn't it?

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    Compensation consultant Ann Bares is the Managing Partner of Altura Consulting Group. Ann has more than 20 years of experience consulting with organizations in the areas of compensation and performance management.

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