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NEW YORK — A growing number of companies are freezing salaries, reducing bonus pools and making other major changes to their executive pay programs, a consulting firm reported Tuesday. Of 145 companies surveyed, Watson Wyatt said roughly half plan to decrease this year’s bonus pool.
“The recession has shone a light on executive pay, causing many companies to re-evaluate the long-term implications of their executive pay policies,” said Andrew Goldstein. The Associated Press
