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

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Karyth Cara | College Teacher | (Level 1) Senior Educator

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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.