Handout Performance Evaluation and Compensation - Performance Evaluation and Compensation Steve Wu 11.29.2012 Objectives for today Performance

Handout Performance Evaluation and Compensation -...

This preview shows page 1 - 12 out of 41 pages.

Performance Evaluation and Compensation Steve Wu 11.29.2012
Objectives for today Performance Evaluation for Business Units Commonly used financial performance measures Details about accounting-based performance measures Target setting and feedback mechanisms Performance Evaluation and Compensation for Individuals How to tie compensation to performance Preferred performance measures Executive compensation Levers of Control Framework
Financial and Nonfinancial Measures Firms are increasingly presenting financial and nonfinancial performance measures for their subunits in a balanced scorecard, and it’s four perspectives: 1. Financial 2. Customer 3. Internal business process 4. Learning and growth