A Global Outlook on Executive Compensation: A Comparative Exploration
Author(s)
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Abstract
The global arena has become the battleground for organizations to find executives with human capital that can thrust high performance goals. Using an exploration of the extant literature, this paper focused on executive compensation from three different regional perspectives: The United States, European Union member-states, and Chinese. The author Sought to inquire about the payfor-performance incentives and to evaluate both similar and dissimilar compensation structures across the globe by using three exemplars. In the same light, discussed are the various elements included in compensation. Provided is a review of global compensation structure, along with pay-for-performance as a main enticement for global executives. Frankly, this comparative paper identified that not all compensation plans were tied to pay-for-performance, while some were overtly tied to pay for performance due to the structure of the organizational risk-aversion and economic structure.
Keywords
Compensation, pay-for-performance, global compensation, human resourc
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