Effective Executive Compensation: Creating a Total Rewards Strategy for Executives

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AMACOM Div American Mgmt Assn, Apr 23, 2008 - Business & Economics - 544 pages
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When it comes to creating an executive compensation program, it can feel like there’s little gray area between giving top performers too shiny a golden parachute, with exorbitant perks, and providing the company’s leaders with the incentive they need to continue doing their best. This book gives readers the techniques and understanding they need to design a rewards strategy that will motivate performers while benefiting the entire organization.Taking a careful look at the complicated state of executive rewards, this no-nonsense, practical guide provides readers with a complete methodology for motivating management to accomplish critical business goals. Eschewing a one-size-fits-all approach, the book uses case studies and examples to illustrate what factors should be considered—including environment, key stakeholders, people strategy, business strategy, and organizational capabilities—when designing a program that will benefit both their company and the people who fuel its success.
 

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Contents

CHAPTER 1 Business Environmental Impacts
9
CHAPTER 2 Key Stakeholders
29
CHAPTER 3 Vision Mission and Values
65
CHAPTER 4 Business Strategy
83
CHAPTER 5 Organizational Capabilities and People Strategy
109
CHAPTER 6 Total Reward Strategy
151
CHAPTER 7 Total Reward Architecture
189
CHAPTER 8 Executive Total Reward Strategy Components
221
CHAPTER 13 Wealth Accumulation Incentives
335
CHAPTER 14 Executive Benefits
355
CHAPTER 15 Executive Perquisites
373
CHAPTER 16 Development Rewards
397
CHAPTER 17 Directors Pay
413
CHAPTER 18 Final Thoughts
429
CHAPTER 19 Case Study 1
445
CHAPTER 20 Case Study 2
465

CHAPTER 9 Base Salary
241
CHAPTER 10 ShortTerm Incentives
263
CHAPTER 11 MidTerm Incentives
285
CHAPTER 12 LongTerm Incentives
309
CHAPTER 21 Books We Love and That Should Be on Your Bookshelf
493
INDEX
507
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About the author (2008)

Michael Dennis Graham and Tom Roth are consultants at Grahall Partners, LLC, a consulting firm that designs total reward strategies for organizations. Both have over 30 years experience and together have worked on over 300 reward strategies. Michael has been a Consultant and or Practice Director for Watson Wyatt Worldwide, Towers Perrin, the Hay Group, Arthur Andersen Worldwide, Clark Consulting and Pearl Meyer & Partners and is the coauthor of Creating a Total Rewards Strategy. Tom Roth has worked at J.P. Morgan, Mckinsey & Co., Register.com, and Pearl Meyer & Partners. Dawn Dugan is a freelance writer based in Hinesburg, Vermont.

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