Executive
Compensation Planning
Management focused on results is a key
ingredient to the success of any enterprise. Compensation of management
should be carefully designed to align managements personal rewards with the
focused objectives of the business. Setting the limits of management
compensation by industry comparison tends to establish the perception and
expectation that management's objective is to achieve about "average" in the
industry.
The Directors or Ownership
of an enterprise should first recruit the best management it can find and
establish a thoughtful Compensation Plan that aligns motivations and
objectives. Creating an atmosphere that the top management of an enterprise
has an artificial ceiling on rewards tends to place that same limitation on
the Corporate culture's self image on its potential to lead the growth of
the enterprise.
Corporate Resources
Consulting Group, Inc. can serve the Directors or Ownership as an
independent resource to propose creative and well developed links between
the objectives of the Company and Management’s motivation. Managements’
complete understanding of the personal financial motivations established is
a key ingredient to success. The Compensation Plan should be relatively
simple so it does not draw so much time and mental energy that it takes away
from focus on achieving the business objectives.