Entrepreneur Plus - Short White
For Subscribers

CEO Salaries in the Crosshairs Pay-for-performance structures are enjoying a resurgence.

By Chris Penttila •

Opinions expressed by Entrepreneur contributors are their own.

Last September, Mission Research formed a compensation committee to discuss capping executive pay and by how much.

Charlie Crystle, co-founder of the 35-employee Lancaster, Pennsylvania, software company, would like to see executive pay limited to seven times the company's median salary, which hovers around $60,000. Mission Research generated $3 million in revenue last year. "We're trying to figure out the right mix of goals and bonuses for our executive team," says Crystle, 41. "It's part of our growing up and becoming a real company." Mission Research plans to implement a new compensation structure early this year.

This is a subscriber-only article. Join Entrepreneur+ today for access

Learn More Log In

Editor's Pick

Related Topics

Leadership Human Resources Grow Your Business Business Management

Most Popular

See all
Business News

Taylor Swift Reportedly Pays All Restaurant-Goers' Checks to Clear Out Restaurant For Her and NFL Star Travis Kelce

The star was spotted at Arrowhead Stadium for the Kansas City Chiefs game Sunday night alongside Kelce's mother.

By Emily Rella
Starting a Business

Its First Year, This Startup Struggled to Get 75 Clients. Five Years Later, They Have 18,000. Here's How They Did It.

Financial planning startup Facet knew they were targeting a huge untapped market. But getting clients wasn't as easy as they hoped.

By Liz Brody
Leadership

How These Two Art School Buddies Brought Their Business Vision to Life

Co-founders Louie Hinnen and Paul Outlaw explain how their company The Factory NYC utilizes human creativity and digital tools to establish itself at the intersection of art and commerce.

By Entrepreneur Staff
Business News

One of the 'Most Photographed' Fall Farms Is Banning Visitors Due to an 'Unprecedented Surge' of Influencers

Sleepy Hollow Farm is a coveted photo spot when visiting Vermont.

By Emily Rella
Business Models

4 Ways to Increase Efficiency Within Your Business

If you can make these kinds of changes with confidence, you can pave the way for your company to survive the present and thrive in the future.

By Kimberly Zhang
Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

Too many entrepreneurs are counting too heavily on a company exit for their eventual 'win.' Do this instead.

By Cheryl Snapp Conner