Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Harvard Business Publishing
Version: 29 June 1984
Length: 16 pages
Data source: Field research
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Abstract
This is a Spanish version. In 1969, Megalith centralized its financial and control functions. John Boyd, senior vice president for finance, hired four brilliant young managers to 'bring the group out of the stone age.' By 1975, this management team had created a near-perfect finance office of 630 employees. But two of the 'young stars' have just quit, and Boyd is sure the constraints of salary ceilings are responsible. He talks with a compensation consultant (Hay Associates).
Industries:
Size:
USD1.7 billion sales
Other setting(s):
1975
About
Abstract
This is a Spanish version. In 1969, Megalith centralized its financial and control functions. John Boyd, senior vice president for finance, hired four brilliant young managers to 'bring the group out of the stone age.' By 1975, this management team had created a near-perfect finance office of 630 employees. But two of the 'young stars' have just quit, and Boyd is sure the constraints of salary ceilings are responsible. He talks with a compensation consultant (Hay Associates).
Settings
Industries:
Size:
USD1.7 billion sales
Other setting(s):
1975