以股权为基础的薪酬制度

股权设置,股权薪酬方法

wEquity-based Pay 以股权为基础的薪酬制度

H 翰威特

股权设置,股权薪酬方法

What Do We Mean by “Equity-Based” Pay? 什么是“以股权为基础”的薪酬制度?

Any form of pay arrangement aligned with, or paying out in, stock 任何以股票形式支付或与股票相关联的薪酬形式

The basic payout opportunity works as follows: 最基本的支付形式如下图所示:Gain upon maturation of award 奖励到期时的利得

w16 14 12 10 8 6 4 2 0

Date of Grant 授予时间

H 翰威特

Date of Exercise 工龄

股权设置,股权薪酬方法

The Entire Pay Picture 整体薪酬图

The Big Picture 总体图Total Compensation 全面薪酬

w

Perquisites 特殊待遇 Qualified and Supplemental Benefits 应有福利和补充福利 Long-Term Incentives (Options, etc.) 长期奖励计划 (期权, 等等) Annual Bonus 年度奖金 Base Salary 基本工资

H 翰威特

Hewitt Associat es

7

B0 4 81 2 /0 6jp ECTS o h .P P T/01 -C -02 4 06 /2 0 00

股权设置,股权薪酬方法

The Entire Pay Picture 整体薪酬图

1990-1999 Key Trends in the U.S.Top Corporate Officers21991Perquisites 3% Base Salary 33%Perquisites 2% Benefits 11%

1

1995Base Salary 33%

w

Benefits 9%

Long-Term Incentives 28%

Bonus 27%B en efits 10%

1999P erq u isites 2%

Long-Term Incentives 27%

Bonus 27%

B ase S alary 28%

L o n g -T erm In cen tiv es 39% Bonus 21%

1 2

Average Revenues $2B/Median Revenues $2B Average of CEO, CFO, and Law7B04812/06jpECTSoh.PPT/01-C-024 06/2000

H 翰威特

He witt Associates

股权设置,股权薪酬方法

The Entire Pay Picture 整体薪酬图

1990-1999 年的美国主趋势企业高级行政长官21991

1

1995特殊待遇 2%基本工资 33%

w

特殊待遇 3% 福利 9%

基本工资 33%

福利 11%

奖金计划 28% 奖金 27%

1999福利 10% 特殊待遇 2%

长期奖金计划 27%

奖金 27%

基本工资 28%

长期奖金计划 39% 奖金 21%1 2

H 翰威特

平 均收 入 $2B /中 位收 入 $2B C EO, CFO 的 平均 数7B04812/06jpE CT Soh.PP T/01- C- 024 06/2000

Hewi tt Asso ci at es

股权设置,股权薪酬方法

Trend Toward Greater Equity Participation for Employees 员工持股已成为全球的趋势

Increasing number of companies have embraced broad-based employee ownership越来越多的公司实施了广泛的员工持股计划

— Nonmanagement employees collectively own between 6% and 10% of total corporate equity 非管理层员工总计持有公司全部股票的6%到10%

w

— Estimated 3,000 companies have instituted broad-based option plans since 1989 从1989年开始，大约3,000家公司实施了广泛的员工持股计划 — Shares set aside for options at all public companies valued at $600B compared with $60B in 1985 现在所有的上市公司用于股票期权的股票价值已上升到6,000亿美元，而1985 年只有600亿美元 — 41% of large U.S. employers give stock options to at least half of their workforce 41%的美国大型企业向一半以上的员工授予股票期权

H 翰威特

股权设置,股权薪酬方法

Why Consider Equity-based Pay? 为什么考虑以股权为基

础薪酬制度？

Alignment of shareholders and employees’ incentive opportunities统一股东和员工的奖励机会

Forges tighter bond between executives and other employees, as all can be put on a common incentive platform将管理层和其他员工的薪酬制度紧密结合，使公司所有员工的激励机制趋于统一

w

Motivate broad group of employees to work toward common goal—inspires teamwork鼓励广大员工向共同的目标前进 - 鼓励团队协作精神

Incentive payouts are a ―win-win‖ situation—payments occur in direct relation to company performance激励机制处于“双赢” 状况 - 报酬与企业业绩直接挂钩

Minimizes cash outflow, as payments are made in equity由于实施了股权薪酬制度，可以最大限度地减少现金支付

H 翰威特

股权设置,股权薪酬方法

Financial Reasons for Providing Equity-based Pay 提供以股权为基础薪酬形式的财务因素

Study by Hewitt Associates and the J.L. Kellogg Graduate School of Management (Northwestern University) (1998): 翰威特公司和西北大学J.L. Kellogg研究生管理学院联合进行的调查 表明(1998年):— Companies that instituted employee ownership programs experienced an average annual Return On Assets of 2.6 percentage points greater than industry averages each year of the 4-year study period 对实施了员工持股计划的公司进行跟踪调查的四年当中，其资产回报率比同行 业平均水平高出2.6个百分点 — Cumulative Total Shareholder Return over 4 years also 6.9 percentage points greater than comparison group averages 四年中股东回报率要比其他公司高出6.9个百分点

w

— 82% of companies reported that ownership program had a significant positive impact on business results 有82%的公司认为，员工持股计划会对经营业绩产生积极影响— Significant correlation between companies reporting positive impact and effective sharing and use of business information 分享公司经营信息并加以有效利用与以股权为基础的薪酬计划紧密关联，而这 一薪酬计划会对经营业绩产生积极影响8

H 翰威特

股权设置,股权薪酬方法

Financial Reasons for Providing Equity-based Pay 提供以股权为基础薪酬形式的财务因素

Joseph Blas …… 此处隐藏：6370字，全部文档内容请下载后查看。喜欢就下载吧 ……