Competitive top management motivation schemes help strengthen and balance the relationship between the shareholders and management, increase commitment to dynamic growth and profitability, and help improve the checks-and-balances system.
We will provide assistance both in designing high-level principles regulating management motivation issues in your company and in developing internal regulations.
Key approaches to management remuneration:
- Performance-based incentive schemes employing multiple criteria to evaluate the company’s performance
- Long-term management incentive programs
- Using financial indices as well as combining them with other instruments to evaluate the company’s performance
- Individual compensation schemes
- Sales-linked incentive programs
- Providing share options on an annual or other basis
The following questions will help you select the right approach:
- Will the policy chosen attract and retain people?
- Is it consistent with the company's strategy?
- Do executives have the means to directly influence their benefits?