Company 1: TelstraTelstra is known as Australia's leading telecommunications and selective information services company, providing a full chain of communications services and competing in all telecommunications markets. telecommunications. In Australia, we provide 15.8 million mobile services, 7.7 million fixed voice services and 2.8 million retail fixed broadband services. Their motto is that the more connected people are, the more opportunities they have. That's why we help create a bright, connected future for everyone every day. Telstra's future focus is on improving customer advocacy, generating value from the core and creating new growth businesses. Compensation Highlights for Fiscal Year 2013 Compensation results in fiscal year 2013 were consistent with the company's positive performance against financial and customer targets. Governance of these outcomes remains a priority of the Board of Directors and the Remuneration Committee, who regularly review their policies to ensure that their executive remuneration outcomes continue to be aligned with business performance. Some changes have been made to the remuneration framework and practices to better align the remuneration structure with the company's strategy and improve remuneration governance. The two changes made were: first, the replacement of the customer satisfaction measure with a Net Promoter Score (NPS) measure in 2013. Short-term incentive plan in 2013, which aims to improve customer service. Secondly, as mentioned in Telstra's 2013 Annual Report, p. 47, "they sought and received shareholder approval for David Thodey's (Chief Executive Officer) 2013 long-term incentive award at our 2012 AGM, as mentioned in their 2012 remuneration report." . middle of paper ......nt of this law, shareholders have the right to raise concerns regarding executive compensation and the board of directors must take their concerns into consideration.ConclusionIn conclusion, both companies The National Australia Bank (NAB) and Telstra operate very efficiently when it comes to their compensation and stock options. Both companies offer a wide range of compensation packages and offer incentives that best fit employees' needs. Telstra is very effective in managing interests between managers and owners and minimizing contracting costs within the organization. NAB measures employee performance before offering bonus plans and incentives. Additionally, the annual reports of both companies disclose information on how their managers are rewarded in terms of compensation plans..