Contrary to popular belief, the biggest challenge in executive compensation today is not excessive government regulation. The biggest challenge is driving exceptional performance. Executive compensation and incentives are incredibly powerful tools for directing and motivating people to achieve the company's purpose, mission, strategy and objectives.
Human resource executives must rise above the incessant tug of increasing regulations to make sure their organizations' compensation programs are based on powerful principles such as purpose, accountability, engagement and alignment. They must get beyond the limited tools of competitive benchmarking and peer groups, and maximize the power and effectiveness of the incentive tools they have at their disposal.
Don Delves of The Delves Group will explore new and highly effective principles for evaluating and improving executive and employee compensation and incentives. Based on input from hundreds of independent board members, this principles-based model has been implemented at several major corporations.
It gives management and boards a more comprehensive conceptual framework and language to discuss, design and evaluate compensation programs. It also provides a very effective means of communicating compensation programs to shareholders.
Delves will introduce the principles-based framework and give real-life examples of how it works in practice to diagnose compensation plans and identify areas for improvement. The results, based on experience to date, offer deep insights into the overall effectiveness of compensation programs, and help to improve accountability, engagement and alignment.
Please join us for what is sure to be an informative event.
Space is limited, so register today!