Andrew McElheran, Partner at Meridian Compensation Partners, is the featured expert on this episode of The Executive Compensation Podcast. Andrew consults on the full range of executive compensation matters, including strategy, short- and long-term incentive program design, and performance analyses. He has nearly 15 years of experience with companies in Canada and the US.
This episode focuses on trends in performance measurement. Andrew discusses the challenges organizations face in designing compensation strategies in the wake of Covid-19, such as public perception of executive compensation during an economic downturn. He also addresses the growing importance of ESG metrics and non-financial performance indicators.
Andrew explains the difference between financial and non-financial performance metrics, provides some guidance as to how these metrics might be used in annual and long-term incentive plans, and proposes some considerations for companies trying to choose the right metrics to inform compensation decisions.
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