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How Companies Justify Big Pay Raises for CEOs

2015-06-05 10:23:38| Appliances - Topix.net

When deciding how much to pay their senior executives, the directors at Jarden Corp. - the owner of brands including Yankee Candle, Rawlings sports equipment, and Bicycle playing cards - use what might seem to be an unlikely measuring stick: the top managers at Oracle Corp., the world's largest data-base maker. Oracle is one of 14 companies Jarden identified in 2011 as a "peer"to help it gauge the going rate for executive pay - a common practice among boards when setting compensation for top managers.

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