Developing executive compensation programs

Executive Compensation

How we help

We provide industry and market based customized services related to the challenges above. Beyond that, we advise on the optimized pay mix for your executives, built from the elements below:

  • Joining Bonuses – sign-on awards and buy-outs for incentives forfeited at a previous employer
  • Fixed Compensation – base salary and allowances, benchmarked against the relevant market
  • Short- and Long-term Incentives – annual bonus and multi-year plans tied to performance
  • Benefits – medical, insurance and retirement provision at executive level
  • Retention Schemes – deferred awards that hold key leaders through transitions
  • Perquisites – car, housing, education support and similar executive provisions

What a review covers Six workstreams, scoped to what your organization actually needs.

Market Benchmarking

Positioning your executive roles against the relevant sector and geography, not a generic national average.

Governance & Documentation

Plan rules, approval routes and the paper trail that lets a remuneration decision be explained later.

Pay Mix Design

Setting the balance between fixed pay, short-term incentives and long-term awards for each executive level.

Retention & Transition

Deferred awards, vesting schedules and the terms that hold key people through a change.

Incentive Plan Design

Choosing performance measures, targets and payout curves that reward the outcomes the board actually wants.

Implementation Support

Communicating the change to executives and handling the questions that follow.

Related services Executive pay rarely sits on its own.

Variable Pay Plans

The short- and long-term incentives referenced above, designed in depth, annual bonus, LTI, commission and retention schemes.

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Performance Management

The measurement layer underneath pay-for-performance. Objectives, measures and review cycles that make incentive payouts defensible.

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Organizational Architecture

Job evaluation, grading structures and salary ranges, the framework every executive pay decision sits on top of.

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Reviewing your executive pay program?

 Thirty minutes is usually enough to tell whether the issue is pay mix, the structure underneath it, or the performance measures attached to it.