Remuneration and Compensation - Executive Management Benchmarking


Brief

A commercially focused organisation operating across the public/charitable/commercial sectors. The Remuneration Committee members were concerned that the remuneration packages paid to the top 5 executives were not consistent with market practice – in particular base salary and bonus payments.

Solution

  • Developed a structured job analysis questionnaire for all five executives
  • Interviewed and discussed the roles with each executive
  • Prepared role profiles from the interviews
  • Identified an appropriate database against which to compare the five roles
  • Benchmarked the roles, identifying base salary, bonus, car allowance and total remuneration
  • Prepared statistical analyses of the market data comparing the actual remuneration against the market
  • Prepared graphs to highlight the statistical analyses
  • Discussed findings with Chief Executive
  • Prepared final report based on findings and made recommendations for going forward

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