Paying
the CEO and the Senior Team competitive salaries is absolutely
essential if an organization wants to survive in the highly
aggressive arena of retention and recruitment of top talent.
If you have “star” performers, your competitors
will know it; and they will try to lure them away. Annual,
and sometimes more often, reviews of the competitiveness of
your executive salary levels are an absolute must if you want
to retain the talent level in your organization.
IHRS will develop executive level compensation plans that reflect
the market for your industry and the aggressive nature of
your organization in setting compensation. By addressing issues
of external competitiveness and internal equity against the
organization’s financial strength and corporate culture,
we can design a plan that targets executive compensation at
levels that allow you to retain the talent you have and be
attractive to applicants for open positions. Give us a call,
we’ll be happy to talk with you!
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