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Senior Management Group Hiring Bonus - Trends
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The value of a company is increasingly tied to the quality of its leadership, so companies desperate for talent may resort to pirating entire leadership teams from their competitors and trolling the Internet for signs of intelligent workers. Over the past decade much has been written about the incredible changes in the corporate landscape: globalization, virtual work teams, Above: "Controllasaurus," the all-powerful CEO, is an endangered species, according to a Korn/Ferry International study. As business has changed, so has leadership. the cross-penetration of markets by aggressive competitors, and the creation ...
Flawed incentive compensation practices in the financial sector were one of the important factors contributing to the recent global financial crisis. Employees were too often rewarded for increasing the short-term profit without adequate recognition of the risks the employees’ activities posed to the organizations. These perverse incentives amplified the excessive risk taking that severely threatened the global financial system. The compensation issue has, therefore, been at the centrestage of the regulatory reforms. To address the issues in a coordinated manner across jurisdictions, the ... Read More
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HR Management: Compensation & Incentives
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