Executive Compensation

Executive compensation refers to the financial rewards and benefits provided to top executives of a company, which typically include base salary, bonuses, stock options, and other incentives. This compensation is designed to attract, retain, and motivate executives to drive the company's performance and achieve its strategic goals. It often reflects the executive's level of responsibility, experience, and value contributed to the organization. Executive compensation packages may also include perks such as retirement plans, health benefits, and allowances for transportation or housing. The structure of these packages is often influenced by industry standards, company performance, and regulatory requirements.