Temasek's "Deferred Compensation at risk" in staff
Compensation is very unique.
60 % of all compensation is in this Deferred mode.
Does this mean staff can only collect relevant compensation for
any
business year after 3 to 9 years ?
If so,this method can prevent sfaff to get huge bonus
in short term but their decisions may harm Temasek in long
term.
http://www.temasekholdings.com.sg/temasekreview/2008/Compensation-Framework-p2.html
(5) Deferred Compensation at risk,with vesting in three to nine
years,includes...
also there is a frame work to define profits---Wealth Added!
nnnn
I was inspired by this
<!--m-->Correcting Temasek
Misperceptions -
This WSJ's editorial is very funny.Its tone means Temasek is the
only
company in the world lost huge in majority USA created
crisis.
USA shall take a leaf from Temasek how to compensate staff.
Yankees CEO just get billlions of bonus and bye bye to companies
before
it collapses!!
2009 Aug. 31 WSJ editorial "Temasek's Revised Charter
."
ss