Explanation of the Composition of Senior Management Compensation

Author: Bruce Overton
Publisher:
Publish Date: 2003-12-01
Features: Jack Welch, former CEO of GE, has long pointed out that the core of corporate competition lies in people. If you are the CEO of a company, you want to have an efficient operation, a company with global competitive advantages, and you want to retain talent and attract more elites. Then please read this book! Based on his experience in corporate salary consulting during his legal career, the author explains in detail the basic components of executive compensation: base salary, annual incentive plans, long-term incentive plans, additional allowances, and insurance premiums, etc. At the same time, the author also explains in detail retirement pension insurance, compensation for senior executives sent abroad, and other special compensation issues. This book adopts a question-and-answer format, with questions listed at the beginning of the text for easy reference. There are also numerous compensation plan samples at the end of the book to help you form a clear and specific impression.