Article Abstract:
Stock options have continued to generate controversy as a form of compensation for executives. Factors such as greater competition, industry consolidation and salary caps have contributed to the continued use of stock options. However, the approach of the new millenium warrants that these incentives be critically reviewed. Better options models must be created if there is no convincing proof that executive performance is tied with executive pay. These plans should also have features which give rewards beyond mere stock price appreciation.
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Article Abstract:
Small employers can use publicly accessible financial databases to efficiently and inexpensively determine if its wages and benefits differ materially from those offered by competitors. The databases can provide useful information that can extend to wage surveys. Two recommended sources are ABI INFORM and The US Bureau of Labor Statistics. If results show that surveys still have to be conducted, then small employers can also refer to special software.
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Article Abstract:
Companies should control costs and closely correlate performance with compensation through pay and benefit plan methods. Pay method trends are shifting toward merit pay, bonus, skill-based pay, competence-based pay and gainsharing, away from general pay and cost-of-living increases. Benefit plan trends are also shifting toward managed care plans and 401(k) plans rather than the traditional indemnity and pension plans.
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