View
212
Download
0
Category
Preview:
Citation preview
Executive CompensationWhy, What and How
Executive CompensationWhy, What and How
Philadelphia Bar Association
HR CommitteeApril 27, 2007
Philadelphia Bar Association
HR CommitteeApril 27, 2007
2
Human Capital PhilosophyHuman Capital Philosophy
Human Capital Strategy
ShareholderValue
Business Strategy
3
Define the people who you want to attract, engage, and retain.
Human Capital ProcessesHuman Capital Processes
Define the pay and incentive systems that will attract, engage, and retain the right people.
Define the benefit programs that will provide the appropriate level of protection for people and their families.
Talent Management
Compensation
Benefits
Culture Alignment
Define your values and the cultural dynamics that will attract, engage, and retain the right people.
HR Operations Define the HR function that will align your human capital and business strategies.
4
ThemesThemes
Regulatory environmentPress coverageBoard of Director sensitivityCompensation committee processesCompany corporate cultureShareholder push back
Regulatory environmentPress coverageBoard of Director sensitivityCompensation committee processesCompany corporate cultureShareholder push back
5
ThemesThemes
Disclosure practicesOutside consultantsPlan design alternatives
Disclosure practicesOutside consultantsPlan design alternatives
6
The Why of Executive Compensation
The Why of Executive Compensation
Attraction & RetentionCompetitive landscapeCompany practice“I had it before” syndromeDrive business successImprove shareholder return (?)
Attraction & RetentionCompetitive landscapeCompany practice“I had it before” syndromeDrive business successImprove shareholder return (?)
7
The What of Executive Compensation
The What of Executive Compensation
Base payCash incentivesStock incentivesDeferred compensationRetention awards
Base payCash incentivesStock incentivesDeferred compensationRetention awards
8
The What of Executive Compensation
The What of Executive Compensation
PerksEmployment contractsSeverance arrangementsChange-in-control agreements
PerksEmployment contractsSeverance arrangementsChange-in-control agreements
9
The How of Executive Compensation
The How of Executive Compensation
Compensation philosophy Mix of compensation Annual bonus planLong-term bonus planLegal, tax and financial implicationsBoard accountability
Compensation philosophy Mix of compensation Annual bonus planLong-term bonus planLegal, tax and financial implicationsBoard accountability
10
About Jim GeierAbout Jim Geier
25 plus years of global and board-level corporate and consulting experience
President and founder of Human Capital Consulting Partners
Previously Vice President, Human Resources at Quaker Chemical Corporation
Former Vice President, Human Resources, for the Americas Region at Rhône-Poulenc Rorer Pharmaceuticals (today Sanofi-Aventis)
Board of Directors at Franklin Mint Federal Credit Union and Philadelphia Young Playwrights
25 plus years of global and board-level corporate and consulting experience
President and founder of Human Capital Consulting Partners
Previously Vice President, Human Resources at Quaker Chemical Corporation
Former Vice President, Human Resources, for the Americas Region at Rhône-Poulenc Rorer Pharmaceuticals (today Sanofi-Aventis)
Board of Directors at Franklin Mint Federal Credit Union and Philadelphia Young Playwrights
11
Human Capital Consulting Partners
Human Capital Consulting Partners
Contact:
Jim GeierPresidentHuman Capital Consulting Partners267-250-2612jimgeier@hccpartners.comwww.hccpartners.com
Contact:
Jim GeierPresidentHuman Capital Consulting Partners267-250-2612jimgeier@hccpartners.comwww.hccpartners.com
Recommended