Rating: Summary: Great Compensation Insight Review: Ellig's book is a must read for CEOs and top HR executives who understand the importance of structuring compensation programs to enhance company performance and the bottom line.Dennis Carey Vice Chairman, U.S. Spencer Stuart
Rating: Summary: not for non-professional HR normal people Review: I'm not an HR person--maybe HR people find this stuff useful. It's too general and padded with useless information. No specific examples enliven the endless recitation of facts and figures. Maybe it wants to be an encyclopedia article. If written intentionally in this style, it was written for morons or HR people, whichever comes first. But I think the style is without irony (or any fun, God forbid). This is not the way I like to learn things.
Rating: Summary: A Must Read! Review: This is a book that lives up to its title and then some. It is not only the complete guide it is a definitive guide. A must read!
Rating: Summary: AN EXCEPTIONALLY RICH, ACCESSIBLE REFERENCE! Review: This volume provides comprehensive information for understanding the issues involved in developing a sound executive compensation package that blends all elements, while taking into account government regulations, tax law, organization and executive needs, and the rewarding of performance. The author provides a framework for the subject and chapters devoted to: performance measurement and standards; current versus deferred compensation; the stakeholders; salary; benefits and perquisites; short-term and long-term incentives; design and communication considerations; and board of directors. Appendices cover selected: laws; internal revenue code sections; revenue rulings; SEC actions; and accounting interpretations. This is an exceptionally rich and accessible work. A list of about one-hundred definitions and formulas of financial measurements is just one feature that reveals the depth and quality of this book. Very highly recommended.
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