On today’s episode, we’re joined by
Michael Brittian, Partner at Meridian Compensation Partners, LLC. Michael explores the nuanced world of special one-time equity awards, offering insights into when and why these can be pivotal for executive compensation strategies, especially during leadership transitions or significant company achievements.
Key Takeaways:
(01:33) Michael outlines the typical components of executive compensation packages.
(05:11) Common scenarios where special compensation awards are beneficial.
(07:06) The benefits of accomplishing goals using the existing compensation plan over instituting special equity awards.
(09:39) Principles for designing effective and justified special awards.
(11:58) The importance of aligning special awards with company goals and shareholder expectations.
(16:28) Discussion on setting realistic and strategic performance goals for special awards.
(19:54) Special awards should not be a replacement for solid compensation structure.
Resources Mentioned:
Michael Britton -
https://www.linkedin.com/in/michael-brittian-4896201/
Meridian Compensation Partners, LLC -
https://www.meridiancp.com/
This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.
#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback
