Unique Compensation Structure
Expeditors International of Washington maintains a compensation structure that is unique to the logistics industry. According to their 2003 annual report, "Each of the Company’s branches are independent profit centers and the primary compensation for the branch management group comes in the form of incentive-based compensation calculated directly from the operating income of that branch. This compensation structure ensures that the allocation of revenue and expense among components of services are done in an objective manner on a fair value basis."
Read more about this topic: Expeditors International
Famous quotes containing the words unique, compensation and/or structure:
“I feel free as a bird. Im in a unique position because Im the boss. I buy what I like. I initiate things. I can experiment with all kinds of things I think the kids might be interested in. Nobody interferes. For me, its no chore to go to work. Most people never get to do this at any time in their lives.”
—Sarah Houghton, U.S. librarian. As quoted in Working, book 9, by Studs Terkel (1973)
“Senators and presidents have climbed so high with pain enough, not because they think the place specially agreeable, but as an apology for real worth, and to vindicate their manhood in our eyes. This conspicuous chair is their compensation to themselves for being of a poor, cold, hard nature.”
—Ralph Waldo Emerson (18031882)
“There is no such thing as a language, not if a language is anything like what many philosophers and linguists have supposed. There is therefore no such thing to be learned, mastered, or born with. We must give up the idea of a clearly defined shared structure which language-users acquire and then apply to cases.”
—Donald Davidson (b. 1917)