Developments at United Airlines
There has been much hand-wringing among stock analysts over employee influence in the CEO selection process at United Airlines. These analysts will wring even more now that employees will be given a voice in how executives are compensated. Under a new system, executive compensation will depend partly on meeting financial objectives and partly on how well "people objectives" are met. Attainment of these objectives will be based on employee surveys. Analysts have worried about employee influence at United since the outset, but the company has consistently outperformed their expectations.