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Strategic Compensation: A Human Resource Management Approach, 9/e
book

Strategic Compensation: A Human Resource Management Approach, 9/e

by Joseph J. Martocchio
January 2016
Intermediate to advanced content levelIntermediate to advanced
480 pages
20h 58m
English
Pearson
Content preview from Strategic Compensation: A Human Resource Management Approach, 9/e

Executive Compensation Packages

  1. 3 List the components of executive compensation packages.

Executive compensation has both core and employee benefits elements, much like compensation packages for other employees; however, one noteworthy feature distinguishes executive compensation packages from nonexecutive compensation packages. Executive compensation packages emphasize long-term or deferred rewards over short-term rewards. The main components of executive compensation include (we describe the components here and defer examples to later in this chapter):

  • Current or annual core compensation

  • Deferred core compensation: equity agreements

  • Deferred core compensation: separation agreements

  • Clawback provisions

  • Employee benefits: enhanced protection ...

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Publisher Resources

ISBN: 9780134320540