Strategies for Attracting and Incentivizing the Best Executives for Closely Held Companies
It is extremely important to the success of a closely-held company to have a well thought out compensation plan for key non-owner executives and managers. Almost all successful publicly-traded companies have short and long-term executive compensation plans that attract and motivate the talent they need to succeed. Even if the owners of a closely-held company may not want to reward their non-owner executives with stock doesn't mean that they can't have an executive compensation plan that is just as meaningful as those found in the most successful publicly-traded companies. Our presentation below describes the elements of compensation for the non-owner executive.
The Total Rewards group from the Cleveland SHRM chapter has arranged for Al Candrilli, Partner of the Organizational Consulting Group, L.L.C. –and John Wirtshafter, Partner – Executive Compensation and Governance at McDonald Hopkins LLC to share insights into the strategies that closely-held companies can use to attract, motivate and retain their executives.
The event will be held April 12 at Baldwin Wallace University.
Registration & Networking - 7:30 AM
Program - 8:00 - 9:30 AM
This program has been submitted to HRCI for re-certification credits. Register to attend the event here.
- Base pay,
- Annual incentives,
- Long-term incentives, and