Highlights
Learning Objectives
1. Understand some typical provisions of an executive compensation agreement and the implications of those provisions when involving senior executives with significant stake in the organization.
2. Appreciate the importance of aligning executive compensation with business strategies to create a long- term focus for senior executives and to distribute risks and rewards.
3. Examine the challenges of drafting specific clauses of employment agreements that refer to organizational policies and documents.
Tasks
1. Discuss the importance of compensation for a CEO as a strategic tool for aligning a company’s key talent with the overall business strategy. How can organizations design executive compensation to align with business strategy using risk and reward distribution?
2. Examine the employment agreement between Murthy and iGATE and highlight the clauses that led to the dispute between the parties.
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