Compensation Strategies: Recruiting, Retaining and Rewarding in 2022
Mar 2, 2022 - 3:00 PM (ET) - Virtual
Hosted by CFMA
About this Event
Develop a future focused approach for executive compensation strategies in a corporate environment. Because of the pandemic, many construction companies’ executive compensation plans have been up-ended, which has repercussions for retention and recruitment for 2022 and beyond. Uncertainty has made many contractors large and small to be particularly mindful of their risk profile – particularly with their overhead. This session will provide a deeper dive into the pros and cons of traditional qualified plans; deferred compensation structures such as cash based LTIP structures/phantom stock/stock appreciation right, ESOP, true equity, and stock options/restricted stock. We will dig into it all and highlight examples of Best Case and Worst-Case real world examples of what provided the goals – recruiting and retaining your key performers. Special attention will be made towards how to make people feel like an owner without a K1.
- Help increase recruitment and retention of your key performers despite the continued uncertainty
- Become much more familiar with the prevalent executive compensation structures, along with highlighting unintended consequences that exist
- How to make employees feel like an owner without a K1
Level & Prerequisites:
This is a group-live program at the Basic Level. No prerequisites or advanced preparation required.
Earn 1.5 CPE credit in the field of Management Services.
Who should attend?:
CFO’s, Hiring Managers, Controllers, Risk Managers, Business Owners, CPAs, and Professional Advisors.
Mark Deverges, Senior Manager, DHG Services