On today’s episode, we’re joined by George Paulin and Gerard Leider, both partners at Meridian Compensation Partners, LLC. George and Gerard discuss executive compensation and annual incentive plan design.
Key Takeaways:
(02:33) Typical annual incentive plans use financial metrics tied to business goals and strategy.
(04:13) The most common financial metrics are profits, returns or cash flow.
(08:23) Companies are moving away from formulaic threshold-to-maximum goal ranges.
(11:18) Macroeconomics creates uncertainty in annual planning and goal setting.
(15:16) Realistic goal setting is crucial, especially in down years.
(19:59) Find the balance between performance risk and leverage in payout curves.
(20:42) Set motivational yet achievable goals.
Resources Mentioned:
George Paulin -
https://www.linkedin.com/in/george-paulin-2b9b5111/
Gerard Leider -
https://www.linkedin.com/in/gerard-leider-7348501/
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