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Two ways in which the compensation package of the board of directors and the executive management ofbSOE should be determined?
Two ways in which the compensation package of the board of directors and the executive management ofbSOE should be determined?
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Apr 14
1. Benchmarking: One way to determine the compensation package of the board of directors and executive management of a State-Owned Enterprise (SOE) is to benchmark their salaries and benefits against those of similar companies in the industry. This can help ensure that their compensation is competitive and in line with market standards.
2. Performance-based incentives: Another way to determine the compensation package of the board of directors and executive management of an SOE is to tie their pay to the performance of the company. This can include bonuses, stock options, or other incentives that are based on achieving specific goals and targets. By linking compensation to performance, it can help align the interests of the executives with those of the company and its stakeholders.