Benefits Of A Executive Compensation

Therefore, the top head of any company puts trust in his or her employees to get the job as well.

leader would hire someone who is qualified in more than one area so that they

When beginning a business you will require somebody to lead your firm with knowledge and skills. When hiring someone you want to be sure that that person is qualified. At the point when

High energy professional to lead companies through change and Challenge to achieve profitable growth with over 21 years expertise in the implementation of diversified civic projects worth millions.

Executive pay – excessive pay for top executives is one problem that will not go away. It is a response to public concern about pay rises that are unrelated to effort, plus a number of high-profile cases of failed executives getting pay-offs of up to US $100 million and others having stock options backdated to give them a share of earlier capital gains. This at least tells shareholders exactly what their top executives are earning.

By retaining the company's staff, this allows the company to keep their most trusted and reliable employees by simply offering them more benefits or incentives at higher levels of employment.

Over the past twenty years, America has seen a substantial amount of change and development amongst many technological industries. Old ideas have been revolutionized. Technology has been continuously upgraded time and time again. Americans slowly have to do less and less because new inventions are constantly increasing their abilities to do more for us. Cars are getting faster, phones are getting smarter and before we know it, 2-dementional televisions will be a thing of the past. Despite everything that is growing around us there are still few things that have stayed the same; for example, the average American income for 99

The economy of the United States is by far the largest and most powerful economy in the entire world. The average family income is roughly $40,000 a year and our GDP (Gross Domestic Product) is well over 10 trillion dollars. The next closest country is Japan with 4 trillion dollars of total GDP.(Johnson & Wales: Economics) The United States has so many large corporations it takes someone to run each one and it also take a lot of money to pay someone to be in charge of each one.

can be done to ensure that the company will work in the best interest of the

Just like how founders of BlueCat believe, “Money doesn’t keep anybody at any job.”, to attract a quality workforce, we let our employees have the authority and an ability to make decisions. In further explanation, we want our employees to be their own boss rather than having someone to order them around and tell them what to do. We want them to know that they are free to make any decisions but what they decide to reflect on their own lives and their future at ELGM. We simply believe that humans make mistakes but that is how they learn and grow. The VP and CEO will also end up doing a better job since they do not have to worry about making decisions and orders. They can just focus on their own tasks. Our core values are what we are looking

Most important, the employees can earn stock, which gives them voice within the company to make pertinent decisions.

This report explores the issue of the pay that top executives make, and the reasons why they do. It also suggests improvements that can be made to make the system better. High Pay Seems Small When Compared To Company Profits Many companies pull in profits that are extremely high. When an employee of such a companies salary is compared to the amount of profit that the company earns, it starts to seem reasonable. It only makes sense that if the employee is directly responsible for the success of their company, then they deserve to get their payback. It seems ironic, but many salaries even look small once compared with a companies profits. Top Executives Are Under A Lot Of Pressure Being the CEO of a

This kind of policy can retain talent and one of the goals of the company is to retain their human capital in order to be more competitive. The human

Given the effect a CEO can have on a company's success, we can understand why their compensation packages

To maintain its strength, it needs to mainly keep its commission based compensation system. Another way to improve on this could be creating new incentive/reward system. Organize company –wide contests based on success rates and etc.