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| Author: | Byrne, J. |
| Title: | How high can CEO pay go? |
| Journal: | Business Week
1996 : APR 22, VOL. 3456:786, p. 48-52 |
| Index terms: | ECONOMICS LAY-OFFS CHIEF EXECUTIVE OFFICERS |
| Language: | eng |
| Abstract: | In a year of downsizing and layoffs, compensation rose by 30%, on average. When United Technologies Chairman Robert F. Daniell strolls into the Carton Hotel in Washington on Apr. 23 for his company's annual meeting, he should expect to see nothing but a sea of happy faces. After all, the company's stock outpaced the market last year, throwing off a return of 55% for shareholders in 1995 alone. Yet back in the factories and offices of the far-flung conglomerate, some employees are stirring - as they are at companies large and small across the country. |
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