Structuring Director Compensation Programs
Posted by Daniel Kaufman on January 31, 2022 in Podcast Channel
Jessica Page, Lead Consultant, and Dan Kaufman, Partner at Meridian Compensation Partners, are the featured experts on this episode of The Executive Compensation Podcast. Jessica has more than 10 years of experience advising corporations on executive compensation matters including benchmarking, corporate transactions, and incentive plan design. Dan consults on a variety of issues including short- and long-term plan design, alignment of pay and performance, and compensation disclosure.
Board members play a critical role in a company’s management, but how should they be compensated for their time and effort? The director role is one of oversight and risk management, so pay differs from executive compensation in that it is based on service, not company performance.
You’ll learn how companies currently structure director compensation programs and how pay programs were impacted by the pandemic. Jessica and Dan also discuss future trends, including compensating for roles on special committees or assignments and establishing a mandatory retirement age.
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