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 News | August 29, 2008 |
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Responsible Executive Compensation for a New Era of Accountability
Responsible Executive
Compensation for a New Era
of Accountability
by P T Chingos
John Wiley & Sons, 2004
$100.95
You would need to have been off in search of spiritual enlightenment somewhere in the general vicinity of Tibet for the past 12 months to have not realised that one of the favourite topics of lawyers and consultants alike is executive remuneration. Enron, HIH et al, by now you know the reasons. In this book, Mercer Human Resource Consulting has turned its considerable wealth of intellectual capital to this most vexatious of topics.
Responsible Executive Compensation for a New Era
of Accountability is a follow up to Mercers’Paying for
Performance
–
A Guide to Compensation Management, which provided a road map for the design and implementation of an effective pay-for-performance program, focusing on best practices. Its new book is for “companies that accept the need to assess and refine their executive reward strategies in light of what is, in fact, a new era of compensation”.
While the legislative focus is purely US-based this should not let that be a hindrance to Australian practitioners. Broken down into fourteen chapters, the book oscillates between broad overviews and big pictures to in-depth implementation strategies.
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26 August 2004
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