Charlie Tharp

In this conversation, Peter Fasolo, former CHRO at Johnson & Johnson, and Charlie Tharp, a professor at BU Questrom School of Business, delve into the complex landscape of executive compensation and its impact on employee morale. They discuss how pay structures influence workplace culture and motivation, the urgency for pay transparency, and its role in addressing gender disparities. The duo also highlights innovative models to enhance fairness and engagement, underscoring the pressing need to align executive pay with company performance and employee satisfaction.

Ana Albuquerque and Charlie Tharp, esteemed professors at BU Questrom School of Business, dive into the murky waters of CEO compensation. They question how much of a CEO's pay relies on luck versus merit and whether current pay structures are fair or excessively complex. The duo explores board dynamics, external market influences, and the risks associated with executive pay. They also discuss how peer evaluations impact compensation and the crucial role of transparency and alignment with broader societal goals.