logo share us

Executive Compensation

   

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.
EC is typically a mixture of many components, including salary, bonuses, shares of and/or call options on the company stock, employee benefits, and perquisites.
EC should be considered as one, though very important, mechanism of corporate governance and is often determined by a company's board of directors.


   
   
💡

Learn more about Executive Compensation.



More on compensation and benefits: Broadbanding, Competency-based Pay, Efficiency Wage, Employee Benefits, Equity-based Compensation, more on compensation and benefits...


MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 4-10-2024  -  Privacy   |   Terms