1. A Strategic View of Executive Compensation

Our first author takes a strategic look at executive compensation,
examining how it fits into the broader executive total rewards
umbrella and the company’s strategy as a whole. A company expects
many things of an executive; financial results, while important, are
not the only goal. Likewise, the executive is working for more than
just pay, although it is clearly important. Providing a functional
structure for understanding how these needs fit together—potentially
either synergistically or conflictingly—is the chapter’s overall goal.

The executive total rewards model sets the tone for both the
framework and context for executive compensation. The traditional
elements of executive compensation–base salary, short and long term
incentives—are introduced, but the need for income continuity is also
discussed, as well as the importance of leadership development and
performance, and executive resource planning. The model highlights
the importance of executive compensation, but also sets the stage for
executive pay in our current business environment. Near the chapter’s
end, the author makes a final observation that rings particularly
true for so many today —“In today’s more sober business culture, the
how in achieving success takes on greater relevance.” Executive
compensation may be currently under a microscope, but it is as
relevant as ever. —Editors




In stock and shipping next business day. U.S. residents can order the
542 page casebound book, including templates and sample documents on CD,
direct from the Publisher for $99.95. The book can also be ordered through any
retail store by the title Executive Compensation: The Professional's Guide to Current
Issues & Practices or by its ISBN number: 1-893190-25-0.