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EXECUTIVE COMPENSATION

HR Management Activities

As Figure shows, the common components of executive compensation are salaries, annual bonuses, long-term incentives, supplemental benefits, and perquisites. Therefore, their total compensation packages are more significant than their base pay. The bonuses have amounted to as much as 35% of a store manager’s base salary.

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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

It is quite likely that as the situation unfolds, we might see employers continue to rapidly evolve. It cannot be dismissed that employment and wage still remain dominant concerns of both employees and employers. This includes: Providing daily wage workers compensation for hours not worked due to the impact of this virus.

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

It is quite likely that as the situation unfolds, we might see employers continue to rapidly evolve. It cannot be dismissed that employment and wage still remain dominant concerns of both employees and employers. This includes: Providing daily wage workers compensation for hours not worked due to the impact of this virus.