Does your company's executive compensation plan allow your company to recruit and keep the executive talent that it needs to succeed? Does the plan align the senior executives interests with the owners of the company? Does it encourage the right behaviors and the appropriate levels of risk? Is it correctly aligned for not only the CEO but also for the other executives on the senior leadership team?
In order to attract, retain and motivate the right executive talent, it is imperative to have a competitive and well thought out executive compensation program: competitve base salaries, benefits and perks as well as bonuses and equity incentives that are tied to the right short term and long term outcomes.
Private companies have unique challenges vis-a-vis public companies with publicly traded shares, but private companies also have advantages if structured appropropriately.
This session will provide highlights from ChiefExecutive.net's definitive CEO and Executive Compensation In Private Companies Study
and share key benchmarks for salaries, benefits, perks, bonuses and equity incentives for CEOs and other senior executive positions (including the heads of HR, Finance, Operations, Sales, Marketing and R&D) and how they vary by sizeof company, industry, type of ownership and geography. The session will also share best practices in setting up and managing executive compensation programs.
This session will focus on some of the practices that private companies can adopt to be competive with public companies and private equity backed companies to be able to recruit the best executive candidates and keep them engaged and motivated.
Key takeaways from this session will be:
1) the median salaries, bonuses and equity incentives that private companies are paying their CEOs and other senior executives (heads of HR, Finance, Operations, Sales, Marketing, R&D, etc.)
2. Best practices in designing and managing executive compensation plans to ensure that your plan is competitive and attracts, retains and motivate the right people and the right behaviors