Assessment of the Practice and Problems of compensation‚ Employee Motivation and Morale: in the Ethiopian Management Institute (EMI)—Addis Ababa‚ Ethiopia. Abstract The availability of sufficient and equitable compensation practice‚ in any organization‚ is the major source of employee motivation. As it is evident that organizational members have different personalities and behaviors‚ individuals get motivated by different motivating factors. And it is also often surprising that at how well some
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Corporate Governance Research Paper Trends in Executive Compensation Oct.10‚ 2013 Introduction Top managers of firms are under scrutiny from the public due to what seem to be high salaries‚ bonuses and stock options. There have been definite trends in regards to executive compensation‚ and they all tend to lead to higher compensation of executives over time. There wasn’t always transparency in regards to executive compensation‚ but due to government and public pressure
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Organizational Justice In today’s developing work life‚ organizational justice is increasingly important to the welfare of the organization‚ managers‚ and employees. Organizational justice shows how employees view the fairness of work-related issues in the workplace and the trust they have in the organization and its management. According to Burge‚ the study of organizational justice is important for three reasons: 1. Justice is a social aspect that strongly affects every-day life‚ whether
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consistent reward policies can be implemented determine levels of pay for jobs and people basis for the effective management of relativities help monitor and control the implementation of pay practices communicate the pay opportunities available to employees. The most important types of pay structure‚ or salary structure‚ are: Types of pay structures There has been a growing awareness in recent decades of the benefits of ‘single-status’ arrangements – that is‚ a single‚ integrated pay and
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What ’s Wrong with Executive Compensation? A roundtable moderated by Charles Elson a M •*>*. HARVARn RIKINFSS RFVIFW When it comes to rewarding managers‚ does top dollar really buy top performance? Experts weigh in on one of the most important issues in business today. cannot overpay a good CEO and you can ’t underpay a bad one. The bargain CEO is one who is unbelievably well compensated because he ’s creating wealth for the shareholders. If his compensation is not tied to the
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Project Is there evidence that rewarding senior executives on the basis of measure accounting and/or market performance induces them to generate more wealth in total for society as a whole? What are the pros and cons of using statistical correlation between measured performance and compensation as evidence to support the idea that performance based compensation is a good policy to help increase wealth in society? C-level compensation has always been a hot button issue in the business community
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Contents Executive Summary Pay for performance remains an important driver for any organization which is ambitious and competitive. For this report the proxy statements of Comcast(2012)‚ Verizon(2012) and At&T(2013) were studied and salient similarities and differences were observed. I observed that the proxy statements of the telecom/technology companies have stressed on creating shareholder value. In achieving this all the three have emphasized on high proportion of performance based pay
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Theory Organization justice plays a very important role in employee motivation‚ loyalty‚ and well-being (Mc Shane et al‚ 2013). To minimize the feeling of injustice‚ corporate leaders have to understand well of the concepts‚ theory and forms of organization justice (Mc Shane et al‚ 2013). There are three different but overlapping forms of organization justice‚ which are: Procedural Organizational Justice‚ Interactional Organizational Justice and Distributive Organizational Justice ( Elovainio et al
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The power of the pen and executive compensation$ John E. Corea‚ Wayne Guaya‚Â David F. Larckerb a The Wharton School‚ University of Pennsylvania‚ Philadelphia‚ PA 19104‚ USA b Graduate School of Business‚ Stanford University‚ Stanford‚ CA 94305‚ USA Received 28 October 2005; received in revised form 20 March 2007; accepted 4 May 2007 Available online 5 December 2007 Abstract We examine the press’ role in monitoring and influencing executive compensation practice using more than 11
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CEO Compensation Thoughts on the current state of executive compensation practices in the US: Current state of Executive compensation within the US differs from different compensation practices within the forms it takes‚ laws and regulation it’s subject to‚ its dramatic rise over the past 3 decades and wide go criticism leveled against it. Within the past 3 decades in America government compensation or pay has up dramatically on the far side what is often explained by changes in firm size‚ performance
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