The Dynamics of Structuring Executive Compensation
- 1. The Dynamics of Structuring Executive Compensation
- 2. Executive Compensation is a critical element in hiring and retaining top-notch talent
- 3. However, compensation structure cannot go overboard in several areas including:
- 6. C. Pay gap between senior managers and executives
- 7. HR professionals are required to do a tight-rope walk between incentivizing executives to meet business objectives and managing shareholder perception..
- 8. Executive Compensation Practices include: Pay for Performance based compensation standards
- 9. Preference for sustained and consistent performance over long periods
- 10. Emphasize on Forward-looking and visionary approach to performance
- 11. Benchmark against industry standards in compensation structure and re-calibrate to match compensation standards
- 12. Eschew excessive or disproportionate risk
- 13. Focus on Quantitative Standards in Performance Evaluation
- 14. About ICFAI Flexible Learning Programs ICFAI Flexible Learning Programs are designed primarily for Working Professionals to pursue their management program while they continue to work. These programs provide them with the Skills, Knowledge and Strategic Perspectives required for them to succeed at their workplace and promote their career progression. The programs range from Modular >> Certificate >> PG Diploma >> MBA in the functional areas of Finance, Marketing, Operations, HR etc. and covers the industry sectors like IT/ITES, Health Care, Pharma, Telecom, Banking, Financial Services and Insurance, etc. Features - Flexible Learning Programs: ✓ Convenient and Flexible Mode of Learning ✓ Innovative learning methodology backed by Contemporary Curriculum ✓ Quality Courseware along with new-age learning aids as part of the Hub & Spoke Learning Model ✓ Online Counseling Classes ✓ Web support for the students ✓ Easy fee payment patterns including EMIs ✓ Examination thru Computer Based Testing (CBT) pattern – conducted 4 times in a year, giving flexibility to the working-class in choosing the schedules
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