Every now and then, when ever people start scrutinizing executive compensation in corporates, there is a thought amongst some section of society, investors and regulatory bodies. The thought points at a need to enforce or enable a cap on executive & CEO compensation. This thought is also echoed by some ex business leaders as well,…
Tag: compensation decision by hiring managers
Compensation decision for new hires ..
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Mature organizations with robust processes and practices have established compensation norms, for various bands, hierarchy levels, and functions. These compensation levels are derived based on Job Analysis, Job Evaluation supported by Compensation Benchmarking exercises. Some company may also arrive at these norms based on their industry benchmarks and their business projections. Normally mature organization’s try…