Executive
Executive Benefits and Compensation :Creating an effective and equitable executive benefit program requires a comprehensive approach. Such an approach should balance pay and incentive considerations with long-term business and value-creation goals.
An effective executive benefit program should include the following :
- An analysis of performance to determine the factors that drive the creation of value for shareholders/owners;
- A competitive assessment of existing industry pay practices;
- Evaluation of internal constraints that may limit plan design alternatives;
- An analysis of the tax and accounting effects as well as the cost and benefit trade-offs associated with a compensation plan.
These analyses will help create a total compensation strategy covering all the key elements of program design and a compensation program that is strategically, economically and culturally sound.
At
EPIC, our team of compensation experts will work closely with you to provide a full range of planning, development and implementation services for your company or business.
Contact us for a consultation with you or your advisors.