title: The big pay (scale) back. In the midst of a recession, healthcare execs see their compensation make a marked decline.
abstract: Partly thanks to the stock market downturn, fiscal 2008 was the first time in its seven-year history that our annual survey of CEO compensation saw no one raking in more than $15 million. Overall, 2008 shows "a slight decline in executive comp from 2007, but they don't show a sharp downturn, given the drop in company earnings and stock market performance. That's the thing that I'm looking for next," says business professor Ed Lawler, left.
authors.forename: Vince
authors.initials: V
authors.lastname: Galloro
authors.forename: Rebecca
authors.initials: R
authors.lastname: Vesely
authors.forename: Jessica
authors.initials: J
authors.lastname: Zigmond
mesh_terms: D057172:Economic Recession; D006270:Health Facility Administrators / Q000191:economics*; D007182:Income / Q000706:statistics & numerical data* / Q000639:trends; D014481:United States