This excerpt taken from the RENT DEF 14A filed Jul 13, 2007.
Base Salaries. The Compensation Committee annually reviews and considers adjustments to the base salary of executive officers based on company performance, individual executive performance, increased responsibilities, comparative market compensation for the position, retention considerations and CEO recommendations. For periods including fiscal 2007, the base salary of each named executive officer has been set at or near the median base salary of executives holding similar positions in the peer group, based on survey information provided by the Consultant. During fiscal 2007, the base salary levels of our named executive officers other than Mr. Rosenbaum were unchanged from fiscal 2006, when salary rates for those officers had been increased
by amounts ranging from 3% to 20%. Mr. Rosenbaum's base salary was increased by 5.5% in fiscal 2007; the increase took into account the fact that his salary in fiscal 2006 had remained unchanged from the level in effect for fiscal 2005.