Assume you are the head of the public relations office of GSIS that just gave its CEO a huge bonus. Outline a plan to be presented to the press justifying the bonus given to the CEO.
Answers
Answered by
3
Answer:
so I am very excited about this opportunity
Answered by
0
Bonuses provided to CEOs can be justified as a motivational incentive for corporate success.
Explanation:
- CEOs will be motivated to work more and make better judgments for investors if their bonuses are connected to corporate success.
- Stock options can lead to CEOs focusing on short-term results or manipulating figures in order to reach expectations.
- CEO remuneration is no more variable than that of hourly and salaried workers. CEOs get nearly half of their base income in the form of bonuses on average. However, these "bonuses" do not cause significant changes in CEO pay.
- Therefore, the plan that needs to be used to justify bonuses aimed towards CEOs as a form of remuneration or motivational incentive.
Similar questions