本文主要讲的是股票期权，从长期来看，股票期权是最普遍的薪酬形式。股票期权授予持有者购买特定股票号码的期权(Tavassoli et al.， 2014)。这里不涉及绩效，而是由市场决定薪酬。因此，这似乎是一个更好的选择。这可能不会激励ceo们，因为他们的薪酬取决于市场的不确定性，但仍然会让高管们感到不安，他们也会感到各种形式的否定。本篇加拿大essay代写文章由美国论文通AssignmentPass辅导网整理，供大家参考阅读。
Stock option is the most prevalent form of compensation in the long term. The option of stock grants holders with the option of purchasing a particular share number (Tavassoli et al., 2014). Here performance is not involved rather the pay determination depends on the market. Therefore, this seems to be a better choice. It might not motivate the CEOs much because their pay is dependent over uncertainties in the market but still it makes the executives feel upset and they also feel negated in various forms.
The executive pay has most sensitivity to benchmarks in the industry or markets when these benchmarks are higher (Van der Linden et al., 2015). This has consistency with the notion that essential executive compensation aspects are not selected as part of performance, but performance is often side-lined. Therefore, what should be focused upon is ensuring that there are several key insights given when analysing performance based pay in light of executive pay setting.
There is no doubt that pay for performance is an essential component for good management. The notion that what type of pay for what type of performance becomes very complicated in all situations (Zou et al., 2015). This suggests a practice in requirement for further examination. When taken from a general perspective, employees favour schemes that are designed for rewarding their performance in the long term and short term. These schemes for them motivate retention, understand special requirements of an organization, have basis over achieving objectives financially and non-financially and in turn create shareholder value (Larkin et al., 2012).
However, there is a sense that there is inadequacy in perception of directors in board related to what constitutes enterprise value creation. There are several challenges of performance based pay involved and these are discussed in the essay in the most prominent sense. What is essential is to focus upon understanding the way in which the challenges can be dealt with. It becomes essential for companies, to, therefore, find out whether pay for performance is good for them or not. If it is good, they need to ensure that its practical implementation will be as per the requirement.