Selection of remuneration policy, Finance Basics

Assignment Help:

Selection of Remuneration Policy

The alternative of a suitable remuneration policy through a company will depend, with another thing, on:

1. Cost: the extent to that the package offers value for money

2. Motivation: the extent to that the package motivates staff both to stay along with the company and to work to their necessary potential.

3. Fiscal effects: government tax incentives may promote special kinds of pay. At times of wage control and high taxation this can react as an incentive to create the 'perks' a more important part of the package.

4. Goal congruence: the extent to that the package encourages staff to work in that a way as to attain the objectives of the firm - conceivably to maximize quite than to satisfy.


Related Discussions:- Selection of remuneration policy

Calculate future value, Your grandparents put $1,000 into a saving account ...

Your grandparents put $1,000 into a saving account for you when you were born 30 years ago. This account has been earning interest at a compound rate of 7%. What is its value today

Unadjusted, $1,000 of insurance had not been used up by January 31. $325 of...

$1,000 of insurance had not been used up by January 31. $325 of insurance had been used up in January

Cum. and ex. - terms used in capital market authority, Cum. And Ex. - Terms...

Cum. And Ex. - Terms Used in Capital Market Authority           These prefixes are written in front of other words as like capital, rights and dividends to qualify them."Cum" i

T accounts, Accounting Exercise AVM 386 Fall 2014 Misty Mark, an infamous ...

Accounting Exercise AVM 386 Fall 2014 Misty Mark, an infamous archer, decided to open an archery business called Bows and Biceps. The following is a list of transactions for Bows

Growth and valuation ratio, Growth and Valuation Ratio This ratio indi...

Growth and Valuation Ratio This ratio indicates the growth potential of the firm in addition to determining the value of the firm and investment made via various investors.  T

Financial planning processes, explain the financial planning process in a p...

explain the financial planning process in a private limited company

Monitoring costs - agency costs, Monitoring Costs - Agency Costs This ...

Monitoring Costs - Agency Costs This is incurred to prevent undesirable managerial actions. They are meant to ensure that both parties live to the spirit of agency contract. T

Pending Solutions, How long until I get the results of my order

How long until I get the results of my order

Acceptance rule of accounting rate of return or arr, Acceptance Rule of Acc...

Acceptance Rule of Accounting Rate of Return or ARR ARR procedure will accept those projects whose ARR is higher rather than that set with management or with bank rate and it

Illustrate the advantages of underwriting, Illustrate the Advantages of Und...

Illustrate the Advantages of Underwriting Underwriting presumes great significance as it offers the below benefits to the issuing company: (i) Issuing company is relied f

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd