Are Your Business Leader Compensation Programs Aligned?
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Inside this white paper:
How goals are best achieved when business leaders are the target group, specifically with regards to financial rewards
Key constructs to effectively design and manage the total compensation package
Organizations are collecting more information about the behaviors required to be successful in the job, as they are increasingly incorporating behavioral competencies in their job evaluations.
Many professional and industry associations conduct and distribute managerial salary surveys by benchmarking pay programs.
To select appropriate benchmarks based on similar size and industry, organizations rely on financial data primarily from publicly traded organizations.
Well-designed compensation programs motivate business leaders to achieve the mission and vision of the organization by properly aligning short-term execution and long-term business strategy in a cohesive manner.
In addition to equity-related plans designed to motivate employees for long-term success, option awards and stock awards are forms of long-term deferred compensation that help to retain business leaders.
