1. Executive Compensation - Past, Present and Future
... 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 bonuses intended to reward the achievement of key annual performance goals. Long-term incentives such a...
- Word Count: 403
- Approx Pages: 2
- Grade Level: Graduate