Asked by Fazena Jaikaran on Jun 15, 2024
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You have been asked to provide recommendations to a compensation committee in their attempts to shift the CEO's compensation into a mix of rewards that facilitates and encourages a long-term view of business performance.What foci should your recommendations take?
Compensation Committee
A subgroup of a board of directors that is responsible for setting and guiding policies related to executive and employee compensation.
CEO's Compensation
The payment and benefits package provided to the Chief Executive Officer, reflecting responsibilities and aiming to incentivize performance.
Business Performance
A measure of the efficiency, effectiveness, and sustainability of a business in achieving its goals, often evaluated in terms of profitability, revenue growth, and market share.
- Understand the process and considerations necessary in formulating a compensation strategy.
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Learning Objectives
- Understand the process and considerations necessary in formulating a compensation strategy.
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