As an HR executive why would you make the effort to design an executive compensation plan? Because a well-designed plan rewards not only the executives, but also the shareholders. If a company’s executives are compensated fairly, it often means that regular employees receive fair and equitable compensation.
Explain a minimum of two major executive compensation trends and challenges.
Address how you would approach the development of a pay-for-performance strategy and what you would propose.
Share your experiences in your narrative.