What are the four common components of a compensation package?

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06-09-2021
Mathematics

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What are the four common components of a compensation package?

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Yashonamaharjan5idn Yashonamaharjan5idn · Answer 1 · 2021-09-06T21:47:08-04:00

Yashonamaharjan5idn Yashonamaharjan5idn

06-09-2021

Step-by-step explanation:

The executive's total compensation package consists of four main components basic salary, short-term incentives, long-term incentives and perquisites. A basic salary this is regarded as a “fixed” element of pay and it does not normally vary in relation to company performance.

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