Asked by Krystina Marschall on Jul 09, 2024
Verified
What is the largest component (in dollars) of CEO compensation in Canada's largest firms?
A) stock options
B) executive perquisites
C) bonuses
D) benefits
CEO Compensation
The payment and benefits package provided to a company's chief executive officer, including salary, bonuses, stock options, and other perks.
Stock Options
A benefit in the form of an option given by the company to an employee to buy stock in the company at a discount or at a stated fixed price.
Executive Perquisites
Additional benefits or privileges offered to executives or senior managers beyond their basic salary, which may include company cars, stock options, or country club memberships.
- Distinguish between different types of pay structures and motivation plans and their suitable applications.
Verified Answer
Learning Objectives
- Distinguish between different types of pay structures and motivation plans and their suitable applications.
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