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posted 29 Mar 2009, 06:00 by Michelle Wells   [ updated 19 May 2009, 04:07 ]
We liked this article found on the HVS Global Hopsitality Services website.

..."Just twelve months ago, private equity firms were buying up hospitality companies at multiples never seen before. With stock prices and real estate values tanking, how will CEO pay be affected? We submit that if compensation programming was done correctly, change or declarations such as Blankfein's would be unnecessary...".

HVS has developed numerous pay-for-performance models, in this article the company discusses how onw model can be applied to the hospitality industry and affecting the 'risk' components of compensation.

HVS, 11th March 2009