MGT 462 Lecture Notes - Lecture 10: Restricted Stock, Job Analysis, Life Insurance
Document Summary
Recession is likely to impact wages and the impact may be felt for years to come, even after the economy recovers. So far compensation programs have been homogenous across groups. But the value of these special categories of jobs is not determined in same way as we"ve learned. They don"t quite fit the basic or traditional model. These groups receive special treatment in the form of. Because supervisors are typically exempt positions, so not paid overtime and their subordinates are non-exempt, it may cause pay issues. 8-11 individuals from both inside and outside the company. Due to attention to ceo pay and concerns about impartiality, companies are filling boards with outside directors. Perceived as less probe to bias than internal directors. Internal members used to rubber stamp the ceo"s decision process. There is considerable risk as stockholders may sue directors. In exchange for assuming this risk, directors are well paid. Compensation components are same and different from those of non-executive.
