Ing Remuneration

UNIVERSITEIT VAN AMSTERDAM - DECEMBER 2010 PROPOSALchief direct officer wages PACKAGE ING BANK| Authors: Jasper Dijkstra (5876362) Ruben cutting edge de Geer (5836646) Sander Schwanen (1234567) ancestry: Economics for Organization and Management 1 1.Introduction In this piece of music we propose for a remuneration share for the chief operating officer of ING beach. This proposition is written for the Remuneration Committee of ING host NV (ING). We give the committee with a well considered stipend package in which the stakeholders, the CEO and the regulations are taken into account. To propose for a compensation package, we exit first outline the current and expect following(a) state of the bank in this business role. We allow question to which regulations and principles we will be subject to. In the next character we conduct a benchmark appraisal in which we resume comparable compensation schemes of different companies. On the keister of th is assessment we propose for a base salary. In the subsist department we discuss the structure of the remuneration package in equipment casualty of long and short-term variable pay. 2.The business case ING is one of the largest fiscal services postrs based in the Netherlands.

The financial services they provide include retail and commercial banking, investments, emotional state insurance and seclusion services to a global market. As per January 1, 2011 ING separates the group into both components: banking operations and insurance operations. After the separation, these dickens components will be two stan d alone companies, so they dont have anythin! g to do with each other anymore. This new view demands a tailor made compensation package for the CEO of ING Bank to assure that the incentives of the CEO will be adjust with those of ING Bank as an organization. Currently ING Bank is recovering from the atrocious financial and economic downturn. In the trine quarter of 2010, kindle result (interest income minus interest expense) grew with 8% compared with the third...If you want to disembowel a full essay, order it on our website: OrderCustomPaper.com

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