Led by the collapse of the financial system, the last quarter of 2008 saw the global economy going through a period of unprecedented turbulence, volatility and decline – the magnitude of which is increasingly being compared to that of the Great Depression. The global corporate world is being forced to question some of the very fundamentals of their business models; and some of the most difficult questions being asked are around executive compensation and executive performance incentive schemes.

The Hewitt Asia-Pacific Hot Topic Survey 2008/09 sought to assess the impact of the global economic downturn on executive pay and long term incentive programs in the Asia Pacific Region.

Read more in our special report.