-
Compensation Philosophy in an Organization
With the statement of my company's compensation philosophy, I can say that my company is having a fully developed compensation philosophy and structure for determining salaries of its employees.
-
Black Scholes
In addition to an annual salary of $400,000, his three year contract states that his compensation will include 10,000 at the money European call options on the company's stock that expires in three years.
-
Riordan's Current Trends, Issues in Compensation, and Future Trends
A. & Warnich, S. (2006). Human Resource Management in South Africa. USA: Cengage Learning EMEA.
Holley, W. H., Jennings, K. M. & Wolters, R. S. (2011). The Labor Relations Process. USA: Cengage Learning.
-
Web-based Compensation Tool Versus a Client-Server Based or Stand-Alone PC-Based System
compensation scheme
- Subject to copying by competing companies
- Online security concerns
Using a client-server based or stand-alone PC-based system
Advantages
- Company data is secure since it resides on the company's computer
- Prevents
-
executive compensation structures
The documents that a company files with the SEC include information about the company's executive compensation policies and practices.
-
Assessing the goal of Sports Products, Inc. and Managerial Finance
s board of directors and its shareholders do the following:
1. Restructure management compensation to include profit sharing and stock option plan. The profit sharing should be the smaller component of the new compensation plan.
2.
-
Human Resource Application: Selling It
Issues to consider as part of the company's compensation strategy:
Major issues that need to be considered as part of the company's compensation strategy are what the company's business sales strategy is and what it is trying to achieve through sales
-
Pay grades limit the ability to achieve competitive advantages
References:
Kleiman, L & Taylor, S., (2010). Employee Compensation: Encyclopedia for Business (2nd ed.). McGraw-Hill/Irwin, New York, NY. How the pay grades limit a company's ability to achieve competitive advantages is determined.
-
Compensation Management- Pepsico
how your company applies compensation practice to determine the positive or negative impact to the company and its stakeholders; examining the ways in which laws, labor unions, and market factors impact the company's compensation practices.
-
Audit Committee vs. Compensation Committee
Corporate governance became a main factor in the business arena due to the creation of the Sarbanes-Oxley Act, which was a result of the immense accounting scandals that took place in the early 2000's. The compensation committee is important.