The firm's compensation structure changed last year, and executives who ran very successful departments effectively had no ceiling on the money they could receive.
Xtra's management has defended the compensation structure based on cash flow rather than the company's earnings.
This type of compensation structure significantly helps motivate employees to perform well.
The company found that its compensation structure was not just unfair, it was often counterproductive.
The magic behind the money is the compensation structure of a hedge fund.
Rodin supported the new compensation structure because of its transparency and adaptability.
AT most big mutual fund companies, stock is one piece of a three-part compensation structure.
But whatever scheme is eventually developed will work only if the values and compensation structure of business are drastically changed.
He said the company was now reassessing its entire compensation structure, including who gets stock options.