Companies may want to stop throwing money at their top executives, according to a recent survey by executive search firm Korn/Ferry International.
The study finds that only 5 percent of global executives say that inadequate or inconsistent compensation is the main reason they left their last job. Rather, they cite lack of challenges or opportunity for career growth (33 percent) as the top reason they left. Twenty percent of respondents pointed to ineffective leadership, while 17 percent said the attractive job market was why they left their last jobs.
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