Organizational Development Consulting & Long-Term Incentive Plan Development
The Overview
Throughout the years, this company has required ways to incent and retain key personnel as a part of their overall strategy to position leadership team members to be able to thrive into the future.
The company wants to continue to create value for these participants without giving up company stock, while also having the flexibility to offer value, mirroring the company’s value, on a “go forward” basis.
The Challenges
- Compliance and Administration
- Funding Obligation Monitoring
- Communication
- Participant Ownership Mentality
The Suggested Solution
In situations like this, our team would suggest putting together a SAR Plan (Stock Appreciations Rights Plan).
We would also suggest a systematic process to address the compliance and communication areas needed for the plan to have a strong retention impact.
Disclosure: All case studies have been written for illustrative purposes and should not be construed as a testimonial or specific client experience. They are hypothetical situations that discuss the complexities of a situation, event, or a problem that one could encounter in the work area.
