Fair Compensation Case

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Recommended: Is equitable and fair on compensation

1-Base compensation: $ 110,000 per year. I believe $110,000 is a fair compensation, it’s a 10% higher than the median salary for an MBA that graduated from Harvard in the Health related services industry. He will be working directly with the CEO, so right from the start he will have more responsibilities and impact than other managers that start at the company, I believe this deserves that extra 10%. I also believe, that when you are determining your own compensation, it’s better to put more focus on the compensations attached to results, that shows your commitment to the company and that you are not interested in the easy money. 2-The standard number of options received by executives entering Whole Health at Monroe’s level is 10,000. What number do you propose he should receive? …show more content…

Giving stock options is giving a part of the company, I believe they should be earned by showing commitment to the company through accomplishing goals and not just be attached entirely to time spent on the company. 3-Incentive bonus: $40,000 based on agreed upon goals The average incentive bonus for a Harvard graduate in health industry is $30,000, but I believe this is the item where he can have a higher negotiation power without seeming unreasonable. He is attaching this extra compensation to results and he has a boss that really wants him to succeed, I believe that he is showing that he is committed to the company and that he believes he can do a good job with the support he will

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