Examlex
What are the primary factors involved in determining compensation for a firm's CEO? What reasons best explain compensation reductions for top executives in recent years?
Employee Effectiveness
Refers to how efficiently and effectively an employee performs their job duties, contributing to organizational goals.
Individual Power
The capacity or ability of a single person to influence others or change outcomes in a desired way.
Legitimate Power
Power derived from a person’s position or job in an organization.
Organizational Role
The set of responsibilities, activities, and expectations associated with a specific position within an organization.
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