Human Capital: Bonuses to Senior Executives at the Department of Veterans Affairs
Author | : J. Christopher Mihm |
Publisher | : DIANE Publishing |
Total Pages | : 18 |
Release | : 2007-12 |
ISBN-10 | : 1422319148 |
ISBN-13 | : 9781422319147 |
Rating | : 4/5 (48 Downloads) |
Download or read book Human Capital: Bonuses to Senior Executives at the Department of Veterans Affairs written by J. Christopher Mihm and published by DIANE Publishing. This book was released on 2007-12 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key practices of effective performance mgmt. for the Senior Exec. Service (SES) include the linkage of ¿line of sight¿ between individual performance & organizational success, the importance of linking pay to individual & organizational performance, & the need to make meaningful distinctions in performance. The author identified certain principles for exec. pay plans that should be considered to attract & retain the quality & quantity of exec. leadership necessary to address 21st cent. challenges, incl. that they be sensitive to hiring & retention trends; reflect knowledge, skills, & contributions; & be competitive. This testimony focuses on the VA process for awarding bonuses to SES members, the amount & percentage of bonuses awarded for FY2004-2006. Ill.