Background
Ellig, Bruce Robert was born on October 15, 1936 in Manitowoc, Wisconsin, United States. Son of Robert Louis and Lucille Marie (Westphal) Ellig.
( ANSWERS TO EXCESSIVE EXECUTIVE PAY Charges of excessiv...)
ANSWERS TO EXCESSIVE EXECUTIVE PAY Charges of excessive executive compensation have filled the business press for a number of years, yet few understand why pay plans trigger such results.This desktop reference book is an easy-to-access, invaluable guide to structuring appropriate executive pay plans. Properly used, it will help avoid excessive executive pay resulting from poorly designed plans. Written by renowned compensation expert Bruce Ellig, this book is a must read for the designers, approvers, and recipients of executive compensation, as well as those who write about the subject. Consultants and in-house pay designers will find detailed examples (supplemented with over 400 figures and tables) to trigger their own creativity. Compensation committees and other approvers of executive pay plans will value the definitions and descriptions of various pay plans and the conditions under which they would be appropriate. Executives themselves will find the book useful. Not only in better understanding their own plans, but learning more about other plans, both those they may only have heard about, as well as many that have not yet caught their attention. And those who write about the subject will be able to put their comments in a better perspective.. The Complete Guide to Executive Compensation takes an in-depth look at each of the executive pay elements: salary, executive benefits and incentives (both short and long term). This review also includes the role of the board of directors (and its compensation committee) along with the influence of the major stakeholders (most notably the shareholder). And a complete chapter is devoted to various measurements of executive performance. This book also contains a compendium of selected key information on executive compensation, including laws, Internal Revenue Code sections, IRS revenue rulings, accounting interpretations, and SEC actions. No other book has such a complete resource section. In addition, it includes both a historical review of key developments and a look ahead, as well as a glossary with more than 2,000 definitions.
http://www.amazon.com/gp/product/0071474072/?tag=2022091-20
( Strategies for gaining a powerful edge in the executive...)
Strategies for gaining a powerful edge in the executive talent wars The competition for executive talent is fierce, making it imperative that executive compensation programs become an integral part of every company's strategic business plan. The Complete Guide to Executive Compensation provides in-depth coverage of current issues and trends in designing and administering executive compensation packages that are strategically, economically, and culturally sound. Renowned compensation and benefit expert Bruce Ellig begins by providing guidance for board members and company executives on defining a company's organization, culture, and business strategy, in order to establish a framework for executive compensation. He then discusses the often difficultbut essentialissues within that framework, including: • Pay positioningrelative to the competitive environment • Risk profilethe mix of salary, incentive compensation, and benefits • Leveragethe relationship between incentive plan payouts and performance • Timingthe mix of short- versus long-term incentive programs • Incentive plan designobjectives, performance measures, and participation
http://www.amazon.com/gp/product/0071376291/?tag=2022091-20
( The authoritative guide to executive compensation--updat...)
The authoritative guide to executive compensation--updated for today's business environment The Complete Guide to Executive Compensation has long been recognized as the guide to executive pay. Now in its third edition, The Complete Guide to Executive Compensation has been fully updated to address important changes regarding venture capitalism, boards of directors' responsibilities, shifts in stakeholder power, and laws like the Dodd-Frank Wall Street Reform and Consumer Protection Act and healthcare reform. It includes appendices of selected laws, Internal Revenue Code sections, IRS revenue rulings, SEC actions, accounting interpretations, a bibliography of selected books, DJIA history, and a glossary of more than 2,000 definitions. The Complete Guide to Executive Compensation covers: • Critical-to-know executive pay elements: salary, employee benefits, executive benefits, and long- and shortterm incentives • The difference between current and deferred compensation, including statutory requirements • The role of the board of directors and its compensation committees, along with the influence of the major stakeholders • Various performance measurements of the income statement, the balance sheet, and the cash flow statement that are used in incentive plan payouts The Complete Guide to Executive Compensation addresses a wide range of needs. Consultants and in-house pay designers will find detailed examples that will trigger their own creativity, supplemented with more than 400 figures and tables. Boards of directors and compensation committees will benefit from the definitions and descriptions of various pay plans and the conditions under which they would be appropriate. Executives will not only better understand their own plans, but also those they may only have heard about, as well as many that have not yet caught their attention. Shareholders, legislators, and others will turn to it again and again as their go-to desktop reference book. Professors and students will be privy to invaluable insight they can find nowhere else. The Complete Guide to Executive Compensation provides everything you need to gain the edge in the war for recruiting and rewarding executive talent. PRAISE FOR THE COMPLETE GUIDE TO EXECUTIVE COMPENSATION "The Complete Guide to Executive Compensation . . . could be described as an 'Execupedia.' Whether you're a professional advising on the subject, a manager in the field of human resources, an executive whose compensation is affected by the principles and practices explained in the book, this book is a must." -- Joseph E. Bachelder, Special Counsel, McCarter & English, LLP "Whether you are a board member, shareholder, executive, or designer of executive compensation plans, this is an authoritative, go-to source. Ellig's guide is front and center on my bookshelf." -- Peter T. Chingos, Senior Partner, Compensation Advisory Partners LLC "An essential reference and description on current practices in executive compensation, one of the most critical responsibilities of board members." -- Ursie Fairbairn, Corporate Board Member and former CHRO, American Express; CEO, Fairbairn Group "Bruce Ellig's tour de force . . . continues to be the 'must-have' resource for executives, board members, HR professionals and benefits consultants, and academic specialists interested in understanding the key elements of executive compensation." -- William C. (Curt) Hunter, Dean Emeritus of Tippie College of Business, University of Iowa; President, Beta Gamma Sigma International Business Honor Society "The definitive source of information and expertise on executive compensation. Ellig has done it again! It truly is a 'Complete Guide.'" -- Ed Lawler, Director, Center for Effective Organizations, University of Southern California, Marshall School of Business "Bruce Ellig, long regarded as one of the leading gurus of executive compensation, has done a tremendous service by producing the third edition of his highly regarded book." -- David A. Nadler, Vice Chairman, Marsh & McLennan Companies; author of Building Better Boards
http://www.amazon.com/gp/product/0071806318/?tag=2022091-20
Ellig, Bruce Robert was born on October 15, 1936 in Manitowoc, Wisconsin, United States. Son of Robert Louis and Lucille Marie (Westphal) Ellig.
Bachelor of Business Administration, University of Wisconsin, 1959; Master of Business Administration, University of Wisconsin, 1960.
With, Pfizer, Inc., New York City, 1960-1996;
manager compensation and personnel research, Pfizer, Inc., New York City, 1968-1970;
corporation director compensation and benefits, Pfizer, Inc., New York City, 1970-1978;
vice president compensation and benefits, Pfizer, Inc., New York City, 1978-1983;
vice president employee relations, Pfizer, Inc., New York City, 1983-1985;
vice president personnel, Pfizer, Inc., New York City, 1985-1995;
vice president employee resources, Pfizer, Inc., New York City, 1995-1996;
retired, 1996. Speaker in field; member Pfizer standing committees, 1985-1996, corporation education Employee Compensation and Management Development, Retirement Plan, Retirement PlanAssets, Savings and Investment, Corporation Advisory Council, since 1996. Consultant Organisation Resources Counselors Inc., since 1996.
Board directors Headway Corporation Resources Inc. Advisory panel Career Control.
( Strategies for gaining a powerful edge in the executive...)
( The authoritative guide to executive compensation--updat...)
( ANSWERS TO EXCESSIVE EXECUTIVE PAY Charges of excessiv...)
Member Mayor's Advisory Pay Commission, New York City, 1977—1978, chairman, 1980. Member Presidential Quadrennial Pay Commission, 1976. Member merit pay task force United States Civil Service Commission, 1979.
Member sector staff Council Wage and Price Stability, 1979—1980. Member Center Advanced Human Resource Studies Cornell University, 1985—1995. Advisory board Kentucky Educational television, 1987—1990, Global Remuneration Organization.
Member dean's advisory board School Business University Wisconsin, since 2004. Fellow: Wharton's Aresty Institute, Employer Benefits Research Institute, National Academy Human Resources (life). Member: Metropolitan Club, Senior Executives Forum, Human Resources Roundtable Group, Business Roundtable Conference Board (advisory council human resource management), Personnel Round Table (life), American Compensation Association (life.
Certified program developer 1996—2005), Society Human Resource Management (life. Chairman board directors 1996, faculty staff since 1996, Lifetime Achievement award 1999), North-East Senior Human Resources Executive meeting Group, New York Personnel Management Association (past president), American Management Association, New York Association Compensation Administrators (charter president), University Wisconsin Business School Alumni (board directors emeritus), New York City of C., Wall of Fame, Indiana Chamber of Commerce (human resource committee), University Southern California Center Effective Organizations (advisory board emeritus), University Illinois Center Human Resource Management (past partner), Wharton/Spencer Stuart Director Institute, Phi Beta Kappa, Phi Eta Sigma, Beta Gamma Sigma.
Married Janice Reals. 1 child from previous marriage Brett Robert.