World at Work: 2016 Total Rewards Conference
June 6-8, 2016
San Diego, CA
SH&P Speakers: Sandra Pace & Michael Sherry
Annual Executive Incentives: The Onus of Paying a Bonus
As organizations consider how best to use resources, pay-for-performance is an appealing mantra. Incentive compensation remains a powerful tool to motivate, manage and retain key employees within a public, private or nonprofit entity. However, as both the competitive and economic environments continue to shift, we have seen some organizations struggle to maintain effective incentive compensation programs, particularly among public and nonprofit entities. The importance of an effective program is only heightened by the increased public scrutiny on executive compensation and the link between pay and performance. This panel discussion will cover emerging and best-practice short-term incentive plan considerations to address potential pitfalls.
Sandra Pace, Managing Director, Steven Hall & Partners
Michael Sherry, Consultant, Steven Hall & Partners
Best Practices for Compensation Committee Interactions: Can’t We All Just Get Along?
Drawing on the collective experiences of the panelists in serving the compensation committee as both advisors and members of management, this discussion will provide candid, practical and actionable advice on how HR professionals can best support the compensation committee. Hear compensation committee best practices and how management can help implement them, practical steps HR professionals can take to ensure a productive compensation committee meeting, how to effectively onboard new directors, and how to initiate and manage productive relationships with key stakeholders, including other members of senior management, the compensation committee chair, other members of the board, and the compensation committee’s advisors.