Defensible Pay: No Benchmarks, No Problem

Challenge: Farient was engaged by the compensation committee of this large global financial institution to develop a defensible baseline of total direct compensation for the CEO and top management that would be less dependent on the typical, backward-facing competitive pay data.

Approach: Farient designed a methodology to overcome the lack of reliable and defensible benchmark pay data at a relatively small number of peers, and instead emphasized the fundamental financial health and performance of the institution.

Result: This methodology established a reasonable starting point for determining executive pay, and then enabled Farient to work with the client to apply best judgment around this starting point based on an agreed-upon scorecard of balanced measures.

See how Farient can help your company innovate

Contact Us

Tweet
Email
Share