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Page 1: Compensation

CompensationIshaan SrivastavaMBA 569 – Strategic HR Mgt.

Page 2: Compensation

IntroductionHistorically, the need to handle large amounts of information accurately, led to the early automation of payroll and related functions. Many human resources management information systems evolved from adding a broader range of capabilities to what started out as payroll systems

Page 3: Compensation

Definitions of Terms Compensation System: A system of employee

remuneration encompassing the full range of economic benefits provided in exchange for employment commitment and performance contributions to the organization.

Page 4: Compensation

Articles Reviewed Fay Hansen, Currents in

Compensation and Benefits, Compensation & Benefits Review 2011 43: 263

Kay, Katy, “Pew study: Two different tales of women earners”, BBC News, May 30, 2013, http://www.bbc.co.uk/news/world-us-canada-22708601

Page 5: Compensation

Articles Reviewed contd. “Berman, J., “Higher Pay not Luring

Women to Tech Jobs. ”, Bloomberg.com, Aug 3, 2011.  http://www.bloomberg.com/news/2011-08-03/higher-pay-not-luring-u-s-women-to-technical-jobs-study-finds.html

Bates, S., “Outside Directors’ Compensation soars Following Scandals.” HR Magazine, 49(2), Feb.2004: 14.

Page 6: Compensation

Articles Reviewed contd. Grocer Stephen., “US: Banks Set Record

For Pay.” CorpWatch, , January 14th 2010. http://www.corpwatch.org/article.php?id=15502

Jill Treanor, UK: GlaxoSmithKline chief's pay package more than doubles to £6.7m, CorpWatch, March 2012. http://www.corpwatch.org/article.php?id=15683

Page 7: Compensation

Articles Reviewed contd. Grocer Stephen., “US: Banks Set Record

For Pay.” CorpWatch, , January 14th 2010. http://www.corpwatch.org/article.php?id=15502

Jill Treanor, UK: GlaxoSmithKline chief's pay package more than doubles to £6.7m, CorpWatch, March 2012. http://www.corpwatch.org/article.php?id=15683

Page 8: Compensation

Articles Reviewed contd. Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 9: Compensation

Article 1: Currents in Compensation and Benefits Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 10: Compensation

Article 2: Two Different Tales of Women Earners Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 11: Compensation

Article 3: Higher Pay Not Luring Women To Tech Jobs Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 12: Compensation

Article 4: Outside Directors Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 13: Compensation

Article 5: Banks Set Record For Pay Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 14: Compensation

Article 6: GlaxoSmithKline Chief’s Pay Package Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 15: Compensation

Article 6: Making Executive Compensation Count Ronald Bottano, Russell Miller.,“Making

Executive Compensation Count: Tapping into the New Long-Term Incentive Portfolio”.. Compensation and Benefits Review. Saranac Lake: Jul/Aug 2007. Vol. 39, Iss. 4; p. 43

Page 16: Compensation

Summary

Page 17: Compensation

Questions