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Definition: Executive Compensation is the part of reward management dealing with the pay or remuneration of directors, officers, and executives of a firm in return for fulfilling their often complex, strenuous and important duties. |
More on compensation and benefits: Broadbanding, Competency-based Pay, Efficiency Wage, Employee Benefits, Equity-based Compensation, more on compensation and benefits... MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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