Strategies for gaining a powerful edge in the executive talent wars

The competition for executive talent is fierce, making it imperative that executive compensation programs become an integral part of every company's strategic business plan. The Complete Guide to Executive Compensation provides in-depth coverage of current issues and trends in designing and administering executive compensation packages that are strategically, economically, and culturally sound.

Renowned compensation and benefit expert Bruce Ellig begins by providing guidance for board members and company executives on defining a company's organization, culture, and business strategy, in order to establish a framework for executive compensation. He then discusses the often difficult­­but essential­­issues within that framework, including:

• Pay positioning­­relative to the competitive environment
• Risk profile­­the mix of salary, incentive compensation, and benefits
• Leverage­­the relationship between incentive plan payouts and performance
• Timing­­the mix of short- versus long-term incentive programs
• Incentive plan design­­objectives, performance measures, and participation

Harvard Business Review on Compensation by Pfeffer Jeffrey
Paying for Performance: A Guide to Compensation Management, 2nd Edition by Chingos, Peter T.

A "must have" for executive compensation
Ellig's book is a must reference for executives, Board members, practitioners and consultants. It is both comprehensive and easy to use--a major contribution to the knowledge of executive compensation.