Firms Look For Compensation Alternatives

Stock Options, Performance Shares Could Pay Handsomely if Timed Correctly

November 30, 2009

The financial services industry has been pulling in solid profits lately, but experts say firms should be mindful about how they dole out year-end bonuses and to keep the focus on rewarding long-term performance. Taxpayers were nearly ready to bring out "le guillotine" in March after the American International Group awarded the top executives in its financial products unit $165 million in bonuses just months after the firm received $173 billion in government bailouts.

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