Jamie McGough, Partner at Meridian Compensation Partners, is the featured expert on this episode of The Executive Compensation Podcast. Jamie is experienced in total compensation strategies, analysis, and pay for performance. He has more than 22 years of experience consulting with compensation committees and senior leadership on compensation and corporate governance matters.
In this episode, Jamie goes back to the basics of compensation plan design. He addresses numerous reasons that explain why executive pay is relatively high in terms of supply and demand for high-performing talent. He also explains why the growing availability of public information surrounding compensation often increases the value of executive pay.
Jamie breaks down common metrics and outcomes for which companies typically compensate, such as profitability and stock price creation, and how intangible metrics like ESG play into final pay decisions. Lastly, he addresses a few other popular talking points: diversity in the C-Suite, rapid advancement of young executives, and over-paying or under-paying executives.
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