Term: Pay Position Strategy
Definition:An organization's alignment of executive compensation to compete with market pay practices. This requires specifying the market target for each compensation component (e.g. the 50th percentile for base salary vs 60th percentile for annual cash incentive).
To find keyword content within a course, select the course link below.
Course | Page Number |
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26 - Compensation Committees: Framework for Executive Compensation Alignment | 18 |
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