The new standards: methods for linking business performance and executive incentive pay

During these poor economic times more and more companies will be revising their executive compensation plans. This book will show how to design incentive plans. It asserts that companies should use senior managements incentive pay asa proactive instrument of business governance, one specifically designed to increase business performance. That is, it asserts that companies should pay toprosper. The tentative contents (based on the first edition) is: (1) To the Typical CEO; (2) Typical Incentive Structure; (3) Incentives and the Role of Management; (4) Business Valuation and Incentive Design; (5) Risk, Executive Behavior and the Cost of Capital; (6) Pay for the Right Stuff: Dos and Donts of Performance Measurement at the Senior Level; (7) Motive, Means and Methods: Evaluating Financial Performance Metrics; (8) Value-Based Performance Measures; (9) Ownership, Not Gamesmanship: Setting Targets and Ranges for Performance-Based Plans; (10) Business Units and Private Companies, Phantom Stock and Performance Plans; (11) Using Stock to Build Effective Incentives; and (12) The Medium Is the Message.Richard N. Ericson is a Principal in the consulting firm of Towers Perrin where he specializes in management and reward systems emphasizing principles of shareholder value creation. He has more than 25 years of experience in businessvaluation and incentive design. Towers Perrin is a global professional services firm that helps organizations optimize performance through effective people, risk, and financial management. The firm provides innovative solutions to client issues in the areas of human resource consulting and administration services, management and actuarial consulting to the financial services industry, and reinsurance intermediary services.

• ISBN: 978-0-470-55989-5
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 336
• Fecha Publicación: 05/05/2010
• Nº Volúmenes: 1
• Idioma: Inglés