Coinciding with Harvey Pitt's inaugural CW column last week on executive pay, compensation firm Equilar conducted an analysis of performance metrics used to determine annual bonuses at S&P 100 companies.

Among the top findings: Earnings per share and revenue were the top metrics used in determining CEO bonuses for 2002.

According to Equilar, approximately two-thirds of the metrics used by companies were financial in nature, while one-third were qualitative in nature.

In addition, Equilar found that the metrics utilized were different based on industry. All of the financial services firms, for example, used return on equity as a performance metric.

Details from Equilar are available below:

  View The Equilar Analysis