Executive Compensation Patterns and Practices in Minnesota and Wisconsin Cooperatives
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Cooperatives face unique challenges in compensating managers because it is
more difficult to link the financial interests of the manager to those of the cooperative.
One way to overcome this challenge is to use performance-based bonuses.
This study of cooperatives in Minnesota and Wisconsin found that such bonuses
are infrequently used. Further. evidence indicates that existing bonuses tend to
be linked more to the size of the cooperative (sales. assets) than to profitability.
These results suggest that more attention to this critical area is warranted.