Your group has been allocated a company to use as the basis for demonstrating your understanding of the performance measurement system usage in large companies.
From your research of the literature, the group will have identified key methods of performance measurement systems and also the links between various methods used and motivation of performance.
Your task now is the review the details of the Remuneration Report of the 2017 Annual Report of the company allocated and critically reviews how this company assessed the performance of its senior executives comparing their methods to those you have found discussed in the literature.
Please remember the following:
1. Do NOT focus or cover the remuneration to director - ONLY the executives (sometimes referred to as Key Management Personnel).
2. Do NOT focus on the pure financial results of the company. This is NOT a financial accounting or corporate finance report or subject, it is a review of the methods used to review and reward performance.
Allocated company is: Primary Healthcare
You need to do only five Points
1. Remuneration policy and philosophy
2. Strategy goals
3. Performance measurement
4. Financial Measurements
5. Non-financial measurements