Incentives

Herwig W. Kressler

Chapter Chapter 6 in Motivate and Reward, 2003, pp 131-143 from Palgrave Macmillan

Abstract: Abstract Variable pay is playing an ever increasing role within the overall pay package, especially at management level and for qualified employees. For a long time US organizations have been the front-runners. Here, particularly in top management, two-thirds of the annual income typically consists of variable elements: short-term incentives (annual bonus), longer-term bonus programmes (from three to five years) and stock options (see pages 151–6).

Keywords: Stock Option; Incentive System; Business Objective; Bonus Payment; Basic Salary (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3771-1_6

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DOI: 10.1057/9781403937711_6

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