Determining Pay For Executives (Competitive Market Pay) 3
Determining Pay For Executives (Competitive Market Pay)
Ensure your organization is not overpaying or underpaying your executives while still remaining competitive.
Now that you have found the perfect candidate for your executive positions, how do you know what the right compensation package is for him/her? During this highly interactive course you will use advanced principles of market pricing in combination with the five pay elements, proxy statements, compensation philosophy and survey data to price executive positions. This program will provide you with the tools and confidence you need to determine competitive pay for executives in your organization.
Explain the elements of executive compensation and importance of the mix of rewards in determining competitive executive pay levels
Explain how the executive compensation philosophy affects executive pay
Identify the potential impact of the compensation discussion and analysis (CD&A) for named executive officers (NEOs) and explain how to use it as a data source
Describe the process for establishing/updating peer groups and selecting/commissioning executive pay surveys as well as custom surveys
Describe the processes for turning survey and proxy data into market intelligence
Explain how and when to use regressed data versus tabular data
Explain how to determine the prevalence and estimate the value of executive benefits and perquisites
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