LEADERSHIP & STRATEGY
Business Chief APAC looks at how executive compensation plans are evolving in Asia Pacific ( APAC ) in 2021
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s we enter into the second month of 2021 still faced with uncertainty , no one could have predicted that this time last year , a pandemic was going to encompass the world the following month , grinding most organisations to a halt .
With companies searching for ways to survive and thrive in the ‘ new normal ’, Business Chief APAC explores how organisations have been managing their executive compensation plans – both in the short term and the medium to long term – and what the future will look like for executive compensation for the rest of 2021 and beyond .
EXECUTIVE COMPENSATION : SHORT TERM MANAGEMENT
When the pandemic hit in March 2020 , the crisis required immediate and decisive action from management teams with a focus on the wellbeing of the business , employees and supply chain partners . In an article titled ‘ Managing executive compensation during COVID-19 ’ by Yong Fei Tan Director , Executive Compensation , South Asia , and Shai Ganu , Managing Director and Global Practice Leader at
FEBRUARY 2021