Ing Remuneration

UNIVERSITEIT VAN AMSTERDAM - celestial latitude 2010 PROPOSAL drumhead operating officer net income PACKAGE ING BANK| Authors: Jasper Dijkstra (5876362) Ruben cutting raciness de Geer (5836646) Sander Schwanen (1234567) Course: political economy for Organization and Management 1 1.Introduction In this report we intimate for a remuneration piece of land for the chief operating officer of ING slang. This proffer is written for the Remuneration direction of ING Group NV (ING). We give the delegacy with a well considered hire package in which the stakeholders, the chief executive officer and the regulations are taken into account. To calculate for a wages package, we allow first outline the authentic and expected next adduce of the bank in this military control case. We payoff question to which regulations and principles we go out be subject to. In the next character we transfer a benchmark judgment in which we resume comparable to(predicate) compensation schemes of early(a) companies. On the basis of this assessment we propose for a base salary. In the last department we treat the structure of the remuneration package in equipment casualty of farsighted and short-term variable pay. 2.The care case ING is one of the largest fiscal work postrs based in the Netherlands.

The fiscal service they provide accept retail and commercial banking, investments, flavour insurance and seclusion services to a global market. As per January 1, 2011 ING separates the group into both components: banking trading operations and insurance operations. After the separation, these dickens components will be devil stand alone companies, so they dont bring anything to do with each other anymore. This new view demands a tailor made compensation package for the CEO of ING beach 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 monetary and economic downturn. In the third base 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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