Webinar: Executive Total Compensation: Strategies to Motivate & Incent the Right Behaviors
October 10, 2024 3:00 pm - 4:00 pm
Does your institution have a motivational strategy for setting executive compensation?
How do you incentivize the right behavior? Does your strategy include annual or long-term elements? What about the regulatory guidelines? Attend this insightful session that will incorporate recent market data and surveys to help you establish solid compensation policies that incorporate best practices and avoid risk.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Assess senior management total compensation
- Manage base salary and establish salary grades
- Design annual and long-term incentive plans
- Understand how to avoid risk in annual incentive plans
- Better understand executive officer retirement plans
WEBINAR DETAILS
This presentation will examine the current compensation environment in the credit union industry and different performance-based compensation strategies for salary increases, annual incentives, and long-term incentives. It will address the keys to effective, motivating, cash-incentive plans and what credit unions can use to reward key officers for long-term performance.
This session will integrate applicable regulatory guidelines and updates surrounding incentive-based pay. It will review executive retirement plans used by credit unions. In addition, market data from industry surveys and Blanchard Consulting Group’s internal databases will be incorporated throughout.
WHO SHOULD ATTEND?
This informative webinar will benefit senior management, directors, and human resources officers.
TAKE-AWAY TOOLKIT
- Example compensation philosophy
- Sample annual incentive plan worksheet
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Jeff Fairchild, Blanchard Consulting Group
Jeff Fairchild is the Senior Vice President and lead consultant at Blanchard Consulting Group. Previously, Jeff served as the SVP and managing director of Newcleus Compensation Advisors. He has consulted with compensation committees, boards of directors, and senior executives on executive and director compensation practices since 2010. He assists clients in developing cash and equity annual and long-term incentive plans and provides analysis and guidance to ensure market-aligned pay and proper salary grade structures. Jeff graduated from the University of Alabama with a bachelor’s degree in commerce and business administration followed by receiving an MBA from Mercer University. He has worked in various industries including energy, medical devices, pharmaceutical, legal, and financial services.