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Northrop Grumman Executive Summary

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Introduction
The Northrop Grumman Corporation was formed in 1939. The company provides technologically advanced and high quality services to the US Government, local customers, foreign governments and international customers in four segments, which are Technical Services, Aerospace Systems, Information Systems and Electronic Systems. Due to providing assistance in defense programs of the US and other countries, the risk related to its operations is very high. (CORPORATION, For the fiscal year ended December 31, 2014)
Dollar Tree, Inc. is famous for providing merchandise at discount stores at a fixed price of a $1 and it follows the low cost strategy in order to remain competitive against such giant competitors. It is expected that by the end of January 2015, …show more content…
Therefore, Northrop Grumman is providing flexible, attractive and competitive compensation plan which is also aligned with the long term and short term performance of the executives for the best interest of the shareholders.
On the other hand, the compensation philosophy of the company is to provide the appropriate balance of each executive compensation plan, which involves cash and non-cash components and both long term and short term components. The company is paying compensation to its executives on pay per performance policy and combined with the stock ownership program in order to align the benefits of the executives with the benefits of the shareholders. Therefore, Dollar tree, Inc. is also providing flexible, attractive and competitive compensation plan which is also aligned with the long term and short term performance of the executives for the best interest of the shareholders and in order to retain the executives for a longer time

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