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compensation for special group (14) (compensation strategy for special…
compensation for special group (14)
who are special group
add-on package
unique
characteristics
strategically importance
built in conflict
compensation strategy for special group
top management executives
professional employees
corporate directors
sales forces
supervisors
contingent workers
types of conflict faced
top management
health return on investment
supervisor
balance to achieve objective & satisfy employee need
broads of director
disgruntled stockholder may sue corporate strtegies
professional employees
torn between goals, objectives& ethical standard of profession
sale staff
little supervision
contingent workers
safety valve role for companies
types of long term incentives (executives)
restricted stock plans
performance share
non qualified stock options
incentives stock options
components of executives compensation package
long term incentives & capital appreciation plans
executive benefits
short term incentives or bonuses
perquisities
base salary