Executive compensation is a critical Board responsibility in ESOP-owned companies. Getting it right allows ESOPs to attract and retain the talent needed to fuel growth, and create wealth for employee-owners. But ESOPs are unique, in addition to considering market conditions, Boards need to understand the unique nature of the ESOP as a shareholder, and the kind of company culture that drives performance in employee-owned firms. For ESOPs, aligning incentives and culture is a key part of unlocking -- and sustaining -- the performance potential of employee-ownership. This workshop is aimed at Board members, senior leaders and trustees, and will help leaders understand: 1.) The key factors to consider regarding executive compensation 2.) The responsibilities, and fiduciary duties, of ESOP board members when it comes to executive compensation 3.) Alignment of incentives with culture and values 4.) The advantages of managing the ESOP to provide a consistent and sustainable benefit level.
This session is aimed at board members, senior leaders and trustees, and will help leaders understand:
