Got a tricky question? Receive an answer from students like you! Try us!

Management Compensation - Research Paper Example

Author : dubuquebrianne
Download 1

Summary

Author Tutor Course Date Management Compensation Introduction Management compensation encompasses all forms of financial returns and other benefits that employees receive in their tenure of employment in return for their enviable contribution to the organization…

Extract of sample
Management Compensation

Compensation is an essential component of human resource management, which aids in motivation of employees, besides enhancing organizational effectiveness. Types of Management Compensation Management compensation encompasses both intrinsic and extrinsic components in the form of monetary benefits and non-monetary benefits such as paid holiday. Compensation incorporates salary, as well as other rewards and allowances given to employees in return for their outstanding services. Compensation can be depicted as representing base pay, long-term incentives, bonuses, stock options, and benefits (Davis and Edge 2). The goal based incentive (stock options, bonuses, and long-term incentives) is fashioned at aligning the corporation’s interests (financial success) with those of top managers. Description Management compensation is an effective means of enhancing the productivity of the employees and ensuring that deserving employees feel appreciated for their efforts. Some companies utilize management compensation as a tool for fostering a performance-oriented culture where the employees focus on the company’s overall strategic goals. Management compensation is meant to motivate the employees, especially the top management within a company. The motivation of management compensation is to align the employee performance with the business goals, besides enhancing employee satisfaction and retention. ...
Download paper

Related Essays

Research Paper on the BP Gulf Oil Spill
2.1.4 Financial Implication of the Oil Spill 14 …
16 pages (4016 words)
Is CEO Compensation Directly Related to Performance
INTRODUCTION Executive or CEO pay is a financial compensation which is a combination of basic salary, bonuses or shares of the company stock etc. CEO pay is an important aspect for corporate governance and is determined by the company board of directors. PROBLEM STATEMENT Several theories have been designed for evaluating job performance and their relation with CEO pay structure. CEO compensations have been a subject of scrutiny for several years and through this paper I will evaluate whether or not CEO compensation is directly related to his/her performance. The financial breakdown faced by…
3 pages (753 words)
XBRL Research Paper
It allows semantic meaning that is required for reporting financial and non financial information of businesses. This technology uses XML based language. The main objective of XBRL is to prepare and exchange financial information for further usage of it like analysis of financial information for investment decision making. It is a standard way to communicate with the stakeholders of the businesses through sharing financial information. Specification of standardization of information is developed and published by XBRL International Inc. The information on the XBRL platform can be freely…
The usage of accounting numbers in management compensation contracts
(4 marks) b) Find a company (other than Qantas) which uses accounting numbers in their management compensation contracts. Identify the company and given an example of an accounting number that they use in their management compensation contracts. [NOTE: the company must be an Australian company, currently listed on the stock exchange. You must not refer to any financial statements before 2012. Any references to financial statements should clearly indicate the number of the page referred to.] (2 marks) c) On the 25th May, 2012, Hastie Group Ltd (http:/www.hastiegroup.com.au) advised the market…
3 pages (753 words)
Research paper.
Some misrepresentations however aim at esteeming an organization’s financial position to present a better image to stakeholders. I, in this paper, review cases of accounting fraud. Worthen reports a claim by Hewlett Packard that Autonomy, a United Kingdom based company that it acquired two years ago, had misrepresented its financial position to the harm of Hewlett Packard. Hewlett Packard reports that the acquisition was overvalued and the transfer of ownership led to an almost nine billion dollar write off and a consequent loss in hp’s trading. hp claims that its internal audit detected…
CORPORATE RESEARCH PAPER - Company: IBM
Recently, the firm has started its operations in Ghana, Nigeria, Angola, Kenya, Senegal and Tanzania in Africa. It has investments in training units, data centers, offices and other amenities. IBM has now extended its branches further in Latin America, Asia and Eastern Europe by establishing research labs worldwide. Brazil is another country that IBM has expanded its business operations to, and the company believes its business there will be a huge success. IBM is actively participating in conducting “World Cup in 2014”and “the Olympic Games in 2016” by offering transportation,…
7 pages (1757 words)
MANAGEMENT ACCOUNTING AND FINANCIAL MANAGEMENT
Vodafone Company is a British multinational company that deals with telecommunication services. It holds the second position mobile telecommunication company worldwide. The company owns and operates in more than 30 countries. Evolution of Vodafone brand started in 1982 after the establishment of Racal electronics plc when Jan Stenbeck spearheaded the joint venture between Millicom and Racal Vodafone. This evolved to the modern day Vodafone. Recent research indicated that Vodafone has introduced a tiered employee reward program that offers an incentive to over 79,000 employees worldwide. The…
9 pages (2259 words)