According to the textbook,which of the following is the cornerstone of executive compensation because it is the element on which the other compensation package elements are based?
A) Benefits
B) Gainsharing
C) Salary
D) Profit-sharing
E) Incentives

Question

Quizplus · Accepted Answer

Salary is considered the cornerstone of executive compensation because it serves as the base on which other compensation package elements are built. Benefits, incentives, gain-sharing, profit-sharing, and other forms of compensation are often calculated based on the executive's salary. Therefore, setting the right salary is critical to designing a fair and effective executive compensation package.

According to the Textbook,which of the Following Is the Cornerstone