Course
Overview
This
intermediate-level course provides an overview of the executive rewards
field. Topics include a review of executive compensation and benefits plans,
how they operate, and tax and accounting treatments. On the third morning,
an optional certification exam is administered covering the course content.
Please note that this course focuses on the design and administration of
programs prevalent in publicly-owned/traded companies.
Who Should Attend
This course is particularly valuable for professionals who are new or
relatively new to the executive rewards function. This course presents the
differences in packages between rewards of executives and other employees.
It is recommended that participants be proficient with the content covered
in WorldatWork course T2 or have at least two years of experience in the
compensation function before taking this course.
What You Will Learn
Executive Rewards
in a Total Rewards Strategy
- The evolution of
rewards
- Who is an
executive?
- Objectives and
elements of executive rewards
- Influences on
executive rewards
- Uniqueness of
executive rewards
- Developing
executive rewards strategy
-
Tax and Regulatory
Influences on Executive Rewards
- Forms of taxation
- Million-dollar
cap/Section 162(m) of the revenue code
- Taxation of
deferred compensation
- SEC regulations
Financial
Statements and other Measures of Executive Performance
- Financial
statements
- Income statement,
balance sheet, statement of cash flows
- Key
financial/performance measures
Salary and
Short-Term Incentive Strategies
- Benchmarking for
executives
- Short-term
incentives
- Types
- Basis for setting
goals
- Performance
measures
- Characteristics
of an effective plan
Long-Term Incentive
Plans
- Understanding
long-term incentives
- Types of long-term
incentive plans
- The equity market
Long-Term Incentive
Plan Design
- Long-term incentive
plan design
- Considerations for
equity-based rewards
- Stock options plan
design
Supplemental
Executive Benefits & Perquisites
- Understanding
supplemental executive benefits
- Nonqualified plans
- Deferred
compensation plans
- Supplemental
executive retirement plans
- Funding
- Perquisites
- Current issues
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