1 Components Executive Compensation Plan 2 Golden Parachutes 3 Explain Differences Qualifi Q34252803

1. What are the components of an executive compensationplan?

2. What are the golden parachutes?

3. Explain the differences between qualified and non-qualifiedpension plans.

4. Explain constructive receipt.

5. What is reverse discrimination and how does it influence thedesign of an executive compensation plan?

Expert Answer

Answer : 01

Wages

One key element of a compensationplan is employee wages. Hourly pays are listed for non-exemptemployees and salaries are listed for exempt employees.

HealthInsurance

Compensation plans also containdetailed data about medical, dental and image benefits. There areusually several different plans presented for each advantage,varying in price and coverage. Differences lie in deductibleamounts, out of a