5. MISSION: “ TO MAKE IT EASY TO DO BUSINESS
ANYWHERE.”
VISION: “ TO SOLVE THE CHALLENGES OF SMALL
BUSINESSES IN PROCUREMENT,SALES AND
MARKETING,MANAGEMENT AND FINANCING
THROUGH INFORMATION TECHNOLOGY.”
6. WHAT IS ALIBABA ?
IT IS A MARKET PLACE
A SEARCH ENGINE
AND A BANK,
ALL IN ONE.
7. COMPENSATION MANAGEMENT
STRUCTURE AND OPERATIONS
u Committee shall comprise of 3 or more
Members of the Board of Directors.
u Appointment and Removal
u Chairman of the committee
u Delegation of Subcommittees.
8. MEETINGS
u The Chairperson of the Board of Directors or
any member of the committee can call for a
meeting.
u Performance criteria and Compensation of
Senior management .
u Communication
9. RESPONSIBILITIES AND DUTIES
u Review,evaluate the overall compensation
policies.
u Bonus pool.
u Review and monitor employee pension,profit
sharing and benefit plan.
u Equity based awards to directors,employees
and consultants of the company.
RECORD
u Maintain minutes of meetings and activities
of the committee.
10. COUNSEL & CONSULTANTS
u The committee is empowered to look into
matters of concern.
ANNUAL PERFORMANCE EVALUATION
u the committee shall conduct evaluation in
such manners that deem appropriate.