VARIABLE REMUNERATION SYSTEMS DESIGN
Design of a Long-Term Variable Remuneration Plan for Executives.
Multinational Group, leader in the search and selection of Professionals, present on all 5 continents.
Description of the Case
Define a long-term variable remuneration mechanism for Executives, with the aim of strengthening the commitment of key staff to the most critical goals from its Strategic Plan for the next five years, as well as their loyalty, so that the incentive is attractive to those who have contributed to the Company’s growth and consolidation over all these years.
- Goals to be met with the plan.
- Parameters which modulate individual perception (goals).
- Goal amounts, assigned to each beneficiary.
- Payment mechanism.
- Formalisation of the selected mechanism, incorporating legal and tax implications (for the Executive) and accounting obligations (for the Company) in each of the Countries.