The compensation of the top executives represents an important aspect of administrative science, as it links together aspects that relate to corporate governance, human capital, organizational culture and performance management. Ideally, the executive remuneration philosophy of the organization should ensure that the remuneration properly reflects the duties and responsibilities of its executives and that remuneration is competitive in attracting, motivating and retaining people of the highest caliber.
In a previous blog post we have presented a new Castrol football application, the World Cup Predictor. Using performance data from every international match played by the World Cup 2010 participating teams in the last ten years and simulating the tournament more than 100 000 times, to minimize the error rate as much as possible, the Castrol team of performance analysts calculated each team’s chances of progression through the competition.
The 2010 report on the The World Cup and Economics was recently released by the Global Investment Research Division of Goldman Sachs. Besides forecasting football scores and rankings, the report presents an analysis regarding the correlation with other types of indicators within the World Cup context.
In the last decade Employee Engagement has become a hot topic both in academic literature and in practice. The debate goes mostly around the implications that employee engagement can have on the success and bottom line of a company (Sacks, 2006).
