This is a required course for the CMS designation and can also be used as an elective course for the eight-course curriculum.
This course is scheduled for revision for fall 2009 (December testing). This course addresses both strategic considerations and specific program elements across a range of financial rewards for executives. Some of the topics covered include the importance of linking compensation with business strategy; the various roles and responsibilities involved in designing and approving executive compensation programs; the accounting, tax and regulatory environment; strategies and issues in linking pay for performance; details on each of the specific compensation elements (base salary, short-term and long-term incentives, retirement arrangements, benefits and perquisites), strategic considerations around communications, and related issues on program administration. The focus of the course is on Canadian executive compensation, with useful U.S. references for dealing with executives who are working in the United States or for U.S. citizens working as executives in Canada .
Please note: Course 6 - Executive Compensation and Compensation Issues assumes an understanding of the basic compensation theory and design methodology covered in Course 5 - Compensation Concepts and Principles.
See Study Materials for details on how to order study materials.
Note: The Readings Update September 2007, March 2007, September 2005 and Errata —September 2004 (now available in PDF) are required reading for this course. Please use the order form or e-mail cancebs@ifebp.org to order your free copy.