When it comes to creating an executive compensation program, it can feel like there s little gray area between giving top performers too shiny a golden parachute, with exorbitant perks, and providing the company s leaders with the incentive they need to continue doing their best. This book gives readers the techniques and understanding they need to design a rewards strategy that will motivate performers while benefiting the entire organization. Taking a careful look at the complicated state of executive rewards, this no-nonsense, practical guide provides readers with a complete methodology for motivating management to accomplish critical business goals. Eschewing a one-size-fits-all approach, the book uses case studies and examples to illustrate what factors should be considered including environment, key stakeholders, people strategy, business strategy, and organizational capabilities when designing a program that will benefit both their company and the people who fuel its success.
Michael Dennis Graham and Tom Roth are consultants at Grahall Partners, LLC, a consulting firm that designs total reward strategies for organizations. Both have over 30 years experience and together have worked on over 300 reward strategies. Michael has been a Consultant and or Practice Director for Watson Wyatt Worldwide, Towers Perrin, the Hay Group, Arthur Andersen Worldwide, Clark Consulting and Pearl Meyer & Partners and is the coauthor of Creating a Total Rewards Strategy. Tom Roth has worked at J.P. Morgan, Mckinsey & Co., Register.com, and Pearl Meyer & Partners.
Dawn Dugan is a freelance writer based in Hinesburg, Vermont.