Assume you are the head of the public relations office of GSIS (Government Service Insurance System)...

Assume you are the head of the public relations office of GSIS (Government Service Insurance System) that just gave its CEO a huge bonus. Outline a plan to be presented to the press justifying the bonus given to the CEO.

To clarify, GSIS is a social insurance institution that provides a defined benefit scheme under the law. It insures its members against the occurrence of certain contingencies in exchange for their monthly premium contributions.

Expert Solution

In recent years there have been any cases where the CEOs are being paid in far excess of what an entry level employee would make and this has cause criticism in many cases where even in circumstances where the performance of the company has been poor but the senior management continues to receive high salary and bonus and this issue has also grabbed a lot of media attention and shareholders have been cautious to invest in companies where such activities are going on. If the GSIS performance has been good and a lot of is because of the CEO action and plan so the bonus is justified. In order to justify this plan to the media, the company should release a press statement, the press statement should consist of the key contribution of the CEO during the year and key performance outcomes ratios like, net income, increase in year on year basis and other such financial statement ratios. The company should also mention the future plan of the company which is being led by the CEO and how it is going to benefit the shareholders in the long-term. In the press briefing the company should mention about the bonus structure of the CEO and explanation that this pay structure for the CEO has been approved by the board of directors. A detailed press statement should be issued by the company along with the approval of the board of directors because most shareholders agree that in order to retain high performing individual you have to provide and attractive pay structure and if the company is doing well then that pay structure should be justified.

jeff jeffy answered 2 years ago

Assume you work as an assistant accountant in the head office of Netflix. With the increasing...

Assume you work as an assistant accountant in the head office of Netflix. With the increasing popularity of online movie streaming, your company has struggled to meet its earnings targets for the year due to the high cost of creating programming content unique to your company. It is important for the company to meet its earnings target this year because the company is renegotiating a bank loan next month that is necessary for international expansion, and the terms of that...

QUESTION : Assume that you are the marketing manager Pak Suzuki head office. you have to...

QUESTION : Assume that you are the marketing manager Pak Suzuki head office. you have to give a formal presentation to the new marketing executives who have recently join pak Suzuki . presentation should be about the product of the company select at least 5 product of the organization and categories in the BCG matrix?

Lisa is a Vice-President at the Head Office of a national insurance company and Fred is...

Lisa is a Vice-President at the Head Office of a national insurance company and Fred is State Manager for Queensland Branch. They are discussing the Queensland Branch’s budget for next year. They both expect that the branch’s client base will expand by about 10%. Fred is asking for a 10% increase in the budget (after adjustment for inflation). Lisa is offering only a 5% increase. Fred worries that this will mean a fall in the quality of services for Queensland...

prepare a proposed public relations plan for a community health promotion service

What are the positive aspects of public relations being used by government? What role can public...

What are the positive aspects of public relations being used by government? What role can public relations play in national emergencies and furthering public policy?

Assume you are allocating indirect costs for the purchasing office in the Department of Public Works...

Assume you are allocating indirect costs for the purchasing office in the Department of Public Works to two mission centers, street paving and snow removal. What are two allocation bases (not allocation methods!) that could be used to distribute indirect costs from the director’s office to the mission centers? Which of your two is a better base and why? (6 points)

A federal government department has high levels of absenteeism among the office staff. The head of...

A federal government department has high levels of absenteeism among the office staff. The head of office administration argues that employees are misusing the company's sick leave benefits. However, some of the mostly female staff members have explained that family responsibilities interfere with work. Using the MARS model. as well as your knowledge of absenteeism behavior, discuss some of the possible reasons for absenteeism here and how it might be reduced.

According to Marriott’s vice president of marketing and public relations, quality, price, service, amenities, comfort, and...

According to Marriott’s vice president of marketing and public relations, quality, price, service, amenities, comfort, and convenience are all independent variables that affect the preferences for a hotel chain. Assume that in a survey, each of the independent variables is measured on a 7-point scale with 1=poor and 7=excellent. Preference for hotel chain is also measured on a 7-point scale, with 1=not at all preferred and 7=greatly preferred. Each respondent rates Marriott and three competing hotel chains on all the...

Abby, Deborah, Mei-Ling, Sam, and Roberto work in a firm's public relations office. Their employer must...

Abby, Deborah, Mei-Ling, Sam, and Roberto work in a firm's public relations office. Their employer must choose two of them to attend a conference in Paris. To avoid unfairness, the choice will be made by drawing two names from a hat. (This is an SRS of size 2.) (a) Write down all possible choices of two of the five names. This the sample space. Note: Please input, for example, (Abby, Mei-Ling) or (A, M) to include a pair and use...

Prepare a proposed public relations plan for Kenyan Village community health promotion service that I can...

Prepare a proposed public relations plan for Kenyan Village community health promotion service that I can submit to them for adoption

Question