The Executive Remuneration Plan For Whc s New Subsidiary

Elekta is a Swedish company founded in 1972 by late Lars Leksell. Lars Leksell was a professor of neurosurgery at the local institute called Karolinska Institue in Sweden. His company specialises in radio-surgery, radiation therapy, and related equipment. Elekta is a human care company developing significant innovations and clinical solutions to combat cancer and brain disorders. The company operates only in Sweden but their equipments are used all over the world. A total of 6,000 hospitals around the globe use their medical solutions in oncology and neurosurgery. The success and the structure of the company is because of their 3,400 employees who work hard day and night to provide and facilitate best results whether it be development of clinical solutions or treatment planning for radiation therapies. The purpose of the report is to highlight the remuneration plan of Elekta and to develop the executive remuneration plan for WHC’s new subsidiary in Sweden. Elekta’s Remuneration Plan An Executive Remuneration plan is the most current development made for a company’s executives and is executed all around the world. Remuneration planning is a key incentive for the company. Remuneration retains talented staff to sustain a competitive advantage. It creates customer value and demolishes the significant erosion of business value. It is of prime importance to Elekta and it’s stakeholders that the guidelines for remuneration and other terms of employment for the executive of the