Linking executive pay with performance Choosing performance targets a challenge for exec teamBy Gordon Frost and Jane Craighead09/24/2007|Canadian HR Reporter|Last Updated: 11/01/2007 As investor activism grows, the focus on corporate governance is becoming more acute. One major concern of institutional investors has been the link between executive pay and company performance.As HR professionals, directors and compensation consultants become more familiar with the latest trends in pay and performance, many have also experienced the bumps.Many companies have moved to long-term incentive plans that incorporate the use of real or phantom shares, also known as share units. Many of these equity-based plans vest at the end of three years based on a specific performance measure. However, a major issue associated with these plans is setting an appropriate performance objective three years in advance of the vesting date. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.