After the global financial crisis in 2008-2009, the global leaders understood the executives`` compensation has produced incentives for excessive risk-taking in the financial sector and such structure should be reformed in order to prevent the recurrence of crisis. In Korea also, executives`` compensation is always a controversial subject. Focal point is covered compensation system among corporations as well as irrelevant and improper remuneration comparing to business outcome. In the banking sector, self-regulatory code of "best practice on compensation structure" has been already implemented in 2009 and "Financial Investment Services and Capital Market Act" (FSCMA) was also amended in this regard in May 2013. According to the amendment, the executives`` remuneration exceeding 500Mil Won in a fiscal year and detailed standards for and methods of calculation thereof shall be reported for the public purposes. If the corporation``s accounting term fell at the end of last year, the remuneration of its executives exceeding 500Mil Won should be opened by the end of March 2014. Futhermore, the government and the members of parliament suggested newly an enactment of "Act on the governance of financial institutions". In case that this Act might be enforced, financial institution``s executives who are exempt from disclosure duty under the FSCMA at the moment should make their remuneration public. In this article, I review the progressive cases of executives`` compensation structure in other countries and our regulatory framework and views in the future. Also I suggest some improvements on the executives`` compensation structure which were not noticed before.