Question
You are a member of the senior management team at your company.At the upcoming senior management retreat, the emotionally charged topic will be whether to
You are a member of the senior management team at your company.At the upcoming senior management retreat, the emotionally charged topic will be whether to keep or eliminate the company's executive perks for sending executives to work overseas. You currently enjoy all of these perks in your management role.
Company cars
Company paid cell phones
Personal financial planning
Executive Dining Room
First class air travel
Free travel for spouses on extended trips
Sign-up bonuses
Stock options
Country club memberships
Large expensively furnished offices
. International perks for expatriates
. Cost of living allowance
. Overseas premium
. Hardship allowance
. Housing Deduction
. Children's education
What course of action will benefit the company in the long-term - eliminating all perks, retaining all perks, or eliminating some perks while keeping others?
Explain the reasoning for your decision and if you choose the last option (eliminating some perks while keeping others), explain why you decided to keep some perks over those you eliminated. Please click on reply and type in your thoughts.
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