Public perception of the pay and benefits given to executives
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8 word format
document in English
management
presentation
published 03/06/2008
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level : Advanced
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Summary
Research on executive compensation packages clearly demonstrates that the general public is incensed and outraged by, what they perceive to be, excessive pay and benefits for these professionals. Throughout the course of the twentieth century organizations have argued that executive pay and benefits are determined by the actions of the executive as they relate to the performance of the organization. However, a more integral look at the issue of performance demonstrates that while investors believe “performance” should be directly linked to the financial development of the organization, executive committees that structure executive compensation packages “performance” refers to a host of issues that lie outside of the financial development of the organization. In an attempt to elucidate these issues, this investigation considers a review of the specific issues that are taken into consideration in developing executive pay and benefit packages.
Table of Contents
- Executive Summary.
- Introduction.
- Executive Pay and Benefits'An Overview.
- To achieve these goals, Schiehll goes on to provide an overview of the specific performance-based standards and organizations utilize to develop executive compensation packages.
- Budget Performance Standards.
- Prior Year Standards.
- Peer Group Standards.
- Timeless Standards.
- Discretionary Standards.
- Synthesis and Comment on the Research.
- Conclusion.
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