Total Package-Compensation and Benefits

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This formal business report is prepared by the Employee Compensation Subcommittee to be submitted by the Company Compensation Committee before the Air Wave Incorporated Board of Directors for their review and consideration during the next scheduled board meeting

Executive Summary

The growth of the company named Air Wave Incorporated was spearheaded by the merger efforts of its founders three years ago . Two small firms were eventually merged into a new company , the compensation benefits of

which are the subject of this report . The number of employees of the said business organization is 115 and are all working in three locations such as in Denver , Colorado , Davenport , Iowa and Atlanta , Georgia . Basically , Air Wave Incorporated designs manufactures and distributes wireless technology used in huge nursing homes to facilitate real-time monitoring of residents vital functions and their physical location throughout the building on a 24-7 basis . In other words , a small digital transmission chip is being implanted into a nursing resident arm

Besides , concealed building antennas pick up the signals that are in turn relayed to a central monitoring station that provides real-time data on each resident . In the event that there is a medical problem , the screen monitor flashes a resident 's physical location and physiological information on the screen . This allows immediate...