Purchase Solution

Executive Compensation, Reverse Discrimination& Legislation

Not what you're looking for?

Ask Custom Question

Describe the major components of an executive compensation plan, and discuss the effect reverse discrimination has had on the design of these executive compensation plans. In what way has legislation affected these plans? Use specific examples to support your answer.

Purchase this Solution

Solution Summary

This detailed solution describes the main components of an executive compensation plan and the effect reverse discrimination has had on these plans. It also describes how legislation has effected these plan. Provides examples and APA formatted references.

Solution Preview

The components of executive compensation are base salary; annual incentive pay tied to short-term performance measures; incentive pay tied to long-term performance like total shareholder return or financial performance; and benefits plan. Short-term incentive compensation is typically is the form of cash, whereas long-term incentives may be a mix of restricted stock or stock options. Benefits may include a Supplemental Executive Retirement Plan, cars, club memberships, severance package, and deferred compensation earnings (Dance, 2011). Typically, the base salary "constitutes 30% of total compensation, the annual incentive another 20%, the benefits about 10% and long term incentives or the wealth creation portion of the compensation about 40% (Deloitte, 2010).
An executive's future earning power is his or her greatest resource. However, should long-term disability strike than the executive will no longer be able to work. Disability lasting three ...

Solution provided by:
Education
  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
Recent Feedback
  • "Thk u"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
  • "Thank you!:)"
Purchase this Solution


Free BrainMass Quizzes
Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Introduction to Finance

This quiz test introductory finance topics.

Motivation

This tests some key elements of major motivation theories.