IRE367H1 Lecture 1: Lecture 1
9 Mar 2017
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Esop - stock ownership profit sharing piecework - paid by unit of production, encourage people to produce at high rate. 75% of value of target was returned to workers project completion bonus. Company wide plans profit sharing - for profit sector. % of company profits are returned to certain people in organization profit line - ebitda companies establish profit target entitlement mentality. Stock options the right to purchase x shares of company stock at a fixed price at a certain date in future. 2016 - option to 1 million shares ar share exercise date jan, 2019 shares currently trading @ share. 2019 - trading @ share encourage ceo to do things for the company for the company golden hand cuff. I, ii, iii, iv (b. ed) pay for performance individual performance merit pay merit bonus commission piecework group / team gains sharing project completion bonus company-wide profit-sharing. Esop stock options indirect pay benefit (not cash compensation)
