1. Executive Compensation - Past, Present and Future
... compensation practices that support the individual executive's goals and do not support the long-term goal of the organization - maximizing shareholder value. There have been four general categories for executive compensation - direct pay, annual incentives, long-term incentives and "perks". For executives, direct pay is based on the industry and the size of the company as commonly determined ... by sales revenue. This is in contrast to how salaries for other white-collar workers are usually determined - geographically and by profession. Annual incentives tend to be items such as cash bo...
- Word Count: 403
- Approx Pages: 2
- Grade Level: Graduate