Key Performance Indicators as Determinants of Managerial Compensation

Ivana Marinovic Matovic () and Miloš Pavlovic ()
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Ivana Marinovic Matovic: Addiko Bank AD Belgrade, Serbia
Miloš Pavlovic: University of Pristina, Serbia

Proceedings of the 18th International RAIS Conference, August 17-18, 2020 from Research Association for Interdisciplinary Studies

Abstract: Performance management has gained in importance, especially in recent times, as managers are under constant pressure to improve organizational performances. Performance management, as a process of efficient management of executive compensation, is a relatively new concept. This paper analyzes the concept of business performances, as well as the concept of performance management. It shows the evolution of business performances over time. Finally, the paper elaborates the purpose, goals, principles, characteristics and significance of the organizational performances for the operationalization of policy and strategy of managerial compensation.

Keywords: performance measurement; executive compensation; motivation (search for similar items in EconPapers)
Pages: 9 pages
Date: 2020-08
New Economics Papers: this item is included in nep-cwa and nep-hrm
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Published in Proceedings of the 18th International RAIS Conference on Social Sciences and Humanities, August 17-18, 2020, pages 23-31

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Persistent link: https://EconPapers.repec.org/RePEc:smo:apaper:004im

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