Title: AN EXCEPTIONALLY RICH, ACCESSIBLE REFERENCE!
Product review: This volume provides comprehensive information for understanding the issues involved in developing a sound executive compensation package that blends all elements, while taking into account government regulations, tax law, organization and executive needs, and the rewarding of performance. The author provides a framework for the subject and chapters devoted to: performance measurement and standards; current versus deferred compensation; the stakeholders; salary; benefits and perquisites; short-term and long-term incentives; design and communication considerations; and board of directors. Appendices cover selected: laws; internal revenue code sections; revenue rulings; SEC actions; and accounting interpretations. This is an exceptionally rich and accessible work. A list of about one-hundred definitions and formulas of financial measurements is just one feature that reveals the depth and quality of this book. Very highly recommended.
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