Explain any one element of an executive compensation package in detail.

What will be an ideal response?


Base Salary: Although formalized job evaluation still plays an occasional role in determining executive base pay, other sources are much more important. Particularly important is the opinion of a compensation committee, composed usually of the company's board of directors or a subset of the board. Frequently, the compensation committee will take over some of the data analysis tasks previously performed by the chief personnel officer, even going so far as to analyze salary survey data and performance records for executives of comparably sized firms. One empirical study suggests the most common approach of executive compensation committees is to identify major competitors and set the CEO's compensation at a level between the best and worst of these comparison groups.

Business

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Audit staff performing audit work must be appropriately supervised by partners and managers

a. True b. False Indicate whether the statement is true or false

Business

Sprout Social helped Wahl Professional improve its social media presence on which of the following?

A. Facebook B. Instagram C. Twitter D. Pinterest

Business

Which sentence is correctly punctuated?

A) Tori Heinz, MD spoke to our ethics class about patient confidentiality. B) Tori Heinz MD, spoke to our ethics class about patient confidentiality. C) Tori Heinz, MD, spoke to our ethics class about patient confidentiality.

Business

We believe that there is no “one best approach” to organizing. We also know that our corporate environment is changing dramatically. Perhaps we should take a clear look at the entire organizational process. Which process are we involved with?

a. downsizing b. delegation c. centralization d. re engineering e. decentralization

Business