Explanation of the Composition of Senior Management Compensation (5th Edition)

Author: Bruce A. Odonnell et al.
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 and globally competitive company, retain talent, and attract more elites, then please read this book! 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 and globally competitive company, 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 elaborates in detail on the basic components of senior management compensation: base salary, annual incentive plans, long-term incentive plans, additional allowances, and insurance. At the same time, the author also explains in detail retirement pensions, 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 numerous sample compensation plans at the end of the book to help you form a clear and specific impression. Fair and reasonable compensation will inspire your company's senior executives to unleash unlimited passion and creativity.