I have a research project due that focuses on Human Resource Management, Compensation and Benefits. The project is on the CEO pay packages of Caterpillar and John Deere. It needs to reflect the current CEO’s Doug Oberhelman (Cat) and Samuel Allen (John Deere) and their packages. I have provided the requirement for the paper below. The paper should be anywhere from 4-6 pages in length plus references. Possible references include:
Board of Directors Biographies, Samuel R. Allen. (2015). Deere & Company. Retrieved from: https://www.deere.com/en_US/corporate/our_company/about_us/leadership/executives/sam_allen_biography.page?
Charter of the Compensation and Human Resource Committee of the Board of Directors. (2015). Caterpillar, Inc. Retrieved from: s7d2.scene7.com/is/content/Caterpillar/c10080111.
Hagerty, J.R. (2015). Caterpillar CEO’s Annual Compensation Rises 14%. Wall Street Journal. Retrieved from: www.wsj.com/articles/caterpillar-ceos-annual-compensation-rises-14-1429564148.
International Directory of Company Histories. (2013). Caterpillar Inc. Detroit, MI: St. James Press. Business Insights: Essentials.
International Directory of Company Histories. (2010). Deere & Company. Detroit, MI: St. James Press. Business Insights: Essentials.
Maidenberg, M. (2015). Cat CEO pay in spotlight at annual meeting. Chicago Business. Retrieved from: www.chicagobusiness.com/article/20150609/NEWS05/150609802/cat-ceo-pay-in-spotlight-at-annual-metting.
Notice of 2015 Annual Meeting and Proxy Statement. (2015). Deere & Company World Headquarters Moline, Illinois. Retrieved from: investor.deere.com/files/doc_financials/annual_reports/2015/Deere_2015_Proxy_Statement_v001_y748.pdf.
Proxy Statement. (2015). Caterpillar, Inc. Retrieved from: s7d2.scene7.com/is/content/Caterpillar/c10477616.
Topic: CEO pay at Caterpillar and John Deere
Objectives:
Practice, assess and improve research skills
Practice, assess and improve written communication skills at level 12+
Practice project management skills to produce professional quality on-time deliverables.
Target Audience: As a Compensation Consultant, you have been hired by the National Association of Manufacturers to evaluate the appropriateness of Caterpillar and John Deere’s CEO compensation packages and the firms’ communication of their packages
Structure:
Introduction: the importance of CEO pay for the stakeholders of Caterpillar and John Deere
Literature Review (2 – 4 paragraphs); Identify Issues
Shareholder Reports & Public
Professional Press:
Popular Press: up to two (2) in introduction
Compare and Contrast the approaches of Caterpillar and John Deere to CEO Pay addressing questions like:
Which stakeholders appear to be valued by the Board and it’s Compensation Committee? Why?
Which firm’s communication is clearer and accessible?
Which firm’s rationale for its CEO compensation package seems more logical and winsome?
Evaluation and Recommendation
