The Ways of Compensation of Work for Senior Managers

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F18%3APU129261" target="_blank" >RIV/00216305:26510/18:PU129261 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Ways of Compensation of Work for Senior Managers

Popis výsledku v původním jazyce

The article is based on the results of the previous questionnaire survey, which deals with the remuneration of senior managers in selected businesses. One of the concepts of value approach is the indicator of economic added value (EVA). This approach focuses primarily on the wealth of its owners, but management cannot be subject to just one goal and other stakeholders have to be taken into asccount. The essence is the maximization of value for the owners, which consequently colesy relates the growth of the benefit to other stakeholders (even managers). Manager's evaluation is a very specific part of the overall remuneration system, as their performance cannot always be optimally linked to measurable indicators. The consequences of their decisions can often be seen only after a few years, and therefore the determination of optimal scales is more than important. If managers were to be ranked solely on the basis of the company's business reslts, how can it be that the external factors that affect not only the business itself but also the entire segment or industry can reflected in the amount or the reward? Effective rewarding managers is therefore a specific issue for the entire economy. This article present possible ways of evaluating managers and linking the amount of their remuneration to measurable indicators in an enterprise.

Název v anglickém jazyce

The Ways of Compensation of Work for Senior Managers

Popis výsledku anglicky

The article is based on the results of the previous questionnaire survey, which deals with the remuneration of senior managers in selected businesses. One of the concepts of value approach is the indicator of economic added value (EVA). This approach focuses primarily on the wealth of its owners, but management cannot be subject to just one goal and other stakeholders have to be taken into asccount. The essence is the maximization of value for the owners, which consequently colesy relates the growth of the benefit to other stakeholders (even managers). Manager's evaluation is a very specific part of the overall remuneration system, as their performance cannot always be optimally linked to measurable indicators. The consequences of their decisions can often be seen only after a few years, and therefore the determination of optimal scales is more than important. If managers were to be ranked solely on the basis of the company's business reslts, how can it be that the external factors that affect not only the business itself but also the entire segment or industry can reflected in the amount or the reward? Effective rewarding managers is therefore a specific issue for the entire economy. This article present possible ways of evaluating managers and linking the amount of their remuneration to measurable indicators in an enterprise.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

10700 - Other natural sciences

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Global Business Conference 2018 Proceedings - Developing New Value-Creating Paradigms

ISBN

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ISSN

1848-2252

e-ISSN

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Počet stran výsledku

269

Strana od-do

113-122

Název nakladatele

Neuveden

Místo vydání

Dubrovník, Chorvatsko

Místo konání akce

Dubrovnik

Datum konání akce

26. 9. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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