James Kzirian
As companies prepare to go public, they must redesign their executive compensation structures to adhere to all manner of rules and regulations. Go-Public compensation strategies should be evidence-based, so the first step is to define a market reference.
In this brief video, Jim Kzirian, Partner at Meridian Compensation Partners, explains why companies should select a peer group of public companies as a reference point. These companies could have any number of things in common: industry vertical, revenue, market capitalization, etc.
Peer groups are rich sources of information for pay benchmarking, annual and long-term incentive program design features, the magnitude of equity grants, and more. They can help companies establish a compensation program that reinforces talent attraction, retention, and motivation.