Equity-baed Pay 以股权为基础的薪酬制度.pptxVIP

wEquity-basedPay以股权为基础的薪酬制度H翰威特1

w1614121086420DateofGrant授予时间Gainuponmaturationofaward奖励到期时的利得H翰威特DateofExercise工龄2WhatDoWeMeanby“Equity-Based”Pay?什么是“以股权为基础”的薪酬制度?Anyformofpayarrangementalignedwith,orpayingoutin,stock任何以股票形式支付或与股票相关联的薪酬形式Thebasicpayoutopportunityworksasfollows:最基本的支付形式如下图所示:

wH翰威特3TheEntirePayPicture整体薪酬图

wH翰威特4TheEntirePayPicture整体薪酬图

wH翰威特5TheEntirePayPicture整体薪酬图

wH翰威特6TrendTowardGreaterEquityParticipationforEmployees员工持股已成为全球的趋势Increasingnumberofcompanieshaveembracedbroad-basedemployeeownership越来越多的公司实施了广泛的员工持股计划Nonmanagementemployeescollectivelyownbetween6%and10%oftotalcorporateequity非管理层员工总计持有公司全部股票的6%到10%Estimated3,000companieshaveinstitutedbroad-basedoptionplanssince1989从1989年开始，大约3,000家公司实施了广泛的员工持股计划Sharessetasideforoptionsatallpubliccompaniesvaluedat$600Bcomparedwith$60Bin1985现在所有的上市公司用于股票期权的股票价值已上升到6,000亿美元，而1985年只有600亿美元41%oflargeU.S.employersgivestockoptionstoatleasthalfoftheirworkforce41%的美国大型企业向一半以上的员工授予股票期权

wH翰威特7WhyConsiderEquity-basedPay?为什么考虑以股权为基础薪酬制度？Alignmentofshareholdersandemployees’incentiveopportunities统一股东和员工的奖励机会Forgestighterbondbetweenexecutivesandotheremployees,asallcanbeputonacommonincentiveplatform将管理层和其他员工的薪酬制度紧密结合，使公司所有员工的激励机制趋于统一Motivatebroadgroupofemployeestoworktowardcommongoal—inspiresteamwork鼓励广大员工向共同的目标前进-鼓励团队协作精神Incentivepayoutsarea“win-win”situation—paymentsoccurindirectrelationtocompanyperformance激励机制处于“双赢”状况-报酬与企业业绩直接挂钩Minimizescashoutflow,aspaymentsaremadeinequity由于实施了股权薪酬制度，可以最大限度地减少现金支付

w翰威特8HFinancialReasonsforProvidingEquity-basedPay提供以股权为基础薪酬形式的财务因素StudybyHewittAssociatesandtheJ.L.KelloggGraduateSchoolofManagement(NorthwesternUniversity)(1998):翰威特公司和西北大学J.L.Kellogg研究生管理学院联合进行的调查表明(1998年):— CompaniesthatinstitutedemployeeownershipprogramsexperiencedanaverageannualReturnOnAssetsof2.6percentagepointsgrea