Lecture 7 (Guest lecture) Flashcards by Armandas Vaičius

Q

Types of executive compensation package

A

Base salary (non-variable)
Short-term incentive [1y]
Long-term incentive [3y]
Other elements (pension, car)

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Q

Total direct compensation meaning

A

Base salary + short & long term incentive

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Q

Total cash compensation meaning

A

Base salary + short term incentive

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