In this presentation we will examine the current compensation environment and discuss different performance-based incentive vehicles for executives and key officers of your Bank. We discuss the keys to effective and motivating cash incentive plans and will share what banks are using in respect to equity-based/longer-term incentives. We will also include information on Board of Director Compensation and Compensation Committee best practices. This session incorporates applicable regulatory guidelines and updates surrounding incentive-based pay. Market data from our BCG surveys and databases will be incorporated throughout.
After this session you will be able to:
· Assess Senior Management Total Compensation
· Develop Salary Administration Policies and a Salary Increase Matrix
· Design Annual and Long-Term Incentive Plans
· Understand how to avoid risk in annual incentive plans
· Utilize different types and design features of equity grants
· Better understand supplemental executive retirement plans (SERPs) and Employment/Change-in-Control Agreements
· Better Understand Board of Director Compensation