The Purpose of a Benchmarking Peer Group
Posted by Gerard Leider on July 28, 2022 in Video
A company peer group is a critical part of the compensation program design process. Peer data helps companies identify the right performance metrics, targets, and goals.
It also paints a picture of the market for executive talent, informing recruiting strategies and providing insights into the competitiveness of the program.
Gerard Leider, Partner at Meridian Compensation Partners, explains the role of a benchmarking peer group for spin-off companies designing their first compensation program.
Board Advisory Services, Corporate Governance Consulting, Program Design