Reference no: EM132426063

Tax 516 Assignment -

Short Answer Question -

1. Define how a salary can be used as a means to instruct performance of an executive or team of executives.

2. How do we address performance appraisals in the overall salary setting and revision process?

3. Explain some of the different elements that often effect salaries of executives.

4. What are some of the different actions that might be taken on a salary once it has been set or established within an organization?

5. What are some of the other popular forms of benefits that might drive increased performance of executives?

6. How might the different service programs be leveraged here to enable better pay for performance within an organization?

7. Class what are some of the different legal requirements we might want to understand better when establishing these types of compensation forms.

8. Explain the tax treatment and consequences of the other forms of benefits used as compensation elements within a business.

9. Discuss the importance of short term incentives by the different types of companies.

10. Explain how eligibility might be included here in how we both implement but measure the success of short term incentives.

11. Discuss the form and timing elements of short term incentives that might be used.

12. How do we establish the targets that should be tied to these short term incentives?

13. Discuss the different long term incentive models that are options to an organization and what types of criteria should be evaluated when considering these different methods.

14. Explain the long term incentive compensation option eligibility rules and guidelines?

15. Discuss the tax liability that exists for both short term incentives and long term forms of these performance enhancers.

16. What are some of the ways that these short and long term incentives may be put at risk through actions within the company?

Professional Development Questions -

1. Explain the major considerations that should be addressed when designing the executive benefit plan.

2. List and discuss the executive benefit plan design considerations.

3. List and discuss the executive benefit plan action steps and how these would be used to employ this strategy.

4. Discuss the framework for design considerations of long term incentives, to include the action steps to employ each.

5. List and explain the long term incentive plan design considerations.