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BEC Operations Management > Incentive Compensation > Flashcards

Incentive Compensation Flashcards

1
Q

Management Compensation

A

based on fixed salary, bonus, perks (free health club membership)

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2
Q

Management Bonus program

A

may be fixed (formula driven)

May be variable (subjective)

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3
Q

Fixed Bonus programs

A

do not accommodate balanced scorecard presentations

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4
Q

Incentives

A

based on competitive or cooperative criteria

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5
Q

Rewards

A

Recognize current performance (cash bonus) BUT consider behavior for future results of the company (Vesting stock options)

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BEC Operations Management (13 decks)

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