Homework Help

Describe the nature and components of executive compensation in various US industries.

user profile pic

pandamin | eNotes Newbie

Posted May 9, 2013 at 4:38 PM via web

dislike 1 like

Describe the nature and components of executive compensation in various US industries.

1 Answer | Add Yours

user profile pic

Kay Morse | College Teacher | (Level 1) Senior Educator

Posted May 10, 2013 at 10:23 PM (Answer #1)

dislike 1 like

Executives invarious US industries and corporations are all compensated (paid, bonused and incentivized) according to similar principles though according to varying specifics per individual.

The base level of compensation for executives (CEO, CFO, presidents, vice-presidents) is the annual salary paid out in increments over the year.

Bonuses are awarded based upon varying factors of job performance and company success.

Incentive packages including various benefit perquisites are awarded and include among other things medical and life insurances, automobiles, health care.

Join to answer this question

Join a community of thousands of dedicated teachers and students.

Join eNotes