Incentives Quick Guide
Be it government, education, business, or healthcare, the definition of “success” has been upended by COVID-19. The pandemic will likely have an impact on executive compensation at many healthcare organizations. Along with the need to revisit base salary levels, organizations may be unable to quantify executive compensation incentive arrangements based on metrics and goals that were defined prior to the pandemic.
The topics discussed in this Incentives Quick Guide include:
The immediate impact on executive compensation plans
Alternative options for organizations to consider
Adjustments to long-term incentives, including both cash and equity
Executive retention and motivation
It is an opportune time for organizations to review their executive compensation programs to ensure that they will weather this period of uncertainty and be poised to recognize future success.
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