Challenge: Prominent Southern California - based Company had utilized one of the larger International Consulting houses for years and was seeking a fresher/more effective approach to managing executive compensation
Solution: Introduced simpler, more understandable methodology tailored to the client's unique/evolving requirements
Results: Unanimous approval by the Board; subsequently engaged to support a number of other critical initiatives
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Solutions should be tailored to address each company's unique variables, such as nature of ownership, stage of evolution, pay philosophy, size, industry, competitive labor market. |
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Pay strategies: Public, Private, Non-Profit
Development of pay positioning philosophy/program objectives
Clarification of incumbent roles/pay history
Development of customized survey pay benchmarks
Development of total comp recommendations (base, short/long-term incentives, benefits, perquisites)
Creation of incentive, equity, deferred compensation programs
Board Compensation
Employment Contracts/Severance Plans
Ad hoc support
Customized training/communications
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