You work for a company that develops and markets crew planning and optimization software and provides training and consulting in this area for the airline industry. Currently, the firm is….
What do you believe is a reasonable benchmark for determining executive compensation?
1 Executive Compensation
Research clearly links managerial leadership to positive consequences for both the individual and organizations, including financial performance. Also, substantial evidence demonstrates that sound managerial leadership practice is critical to creating effective organizations. So it makes sense that executives are well paid for their managerial and decision-making skills.
1.1 What do you believe is a reasonable benchmark for determining executive compensation?
1.2 Also, in your opinion what role should the organization, shareholders, and governments pay in dictating executive compensation?
2 Which benefits?
Imagine you have been hired as a consultant by a company to provide recommendations for what voluntary benefits the company should give employees.
2.1 What steps would you take to determine your recommendations and what questions should you pose to the company to help you determine the best options for their employees?
2.2 HR is spending significantly more time than in past years to educate their employees and communicate the value of company benefits to all especially considering most employees do not understand the true cost and value of the benefits that organizations provide. How would you suggest communicating the values of these benefits to employees?