Page 29 - Appreciating Organization's Biggest Assets
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Executive compensation with special focus on its
impact on women employees
Namrata Peshwani
Commentary :
1) The case focuses on the executive compensation which is
the remuneration and benefits paid to top-level executives in an
organization
2) In recent years, there has been growing concern about the level
of executive compensation and its impact on employee morale,
productivity, and fairness within organizations.
3) One of the key issues with executive compensation is its impact on
gender pay equity. Women are often paid less than men for the same
level of work and experience.
4) The gender pay gap at the executive level is often attributed to a
“glass ceiling” that limits women’s advancement in the workplace.
This, in turn, can lead to lower productivity, higher turnover rates, and
a less diverse and inclusive workplace culture.
An effective compensations plan
helps organizations to define the type
of compensations they use in order to
keep up the morale of the employees
to increase the job satisfaction level.
This can be showcased through their
loyalty towards the organization and
the quality of work in order to achieve
these compensations. Executive
compensation can be done on the basis
of these six elements: Salary, Job Grade,
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