Avoiding the Pitfalls of Special Equity Awards

Avoiding the Pitfalls of Special Equity Awards

Update: 2024-06-10
Share

Description

On today’s episode, we’re joined by
Michael Brittian, Partner at Meridian Compensation Partners, LLC. Michael explores the nuanced world of special one-time equity awards, offering insights into when and why these can be pivotal for executive compensation strategies, especially during leadership transitions or significant company achievements.




Key Takeaways:




(01:33 ) Michael outlines the typical components of executive compensation packages.


(05:11 ) Common scenarios where special compensation awards are beneficial.


(07:06 ) The benefits of accomplishing goals using the existing compensation plan over instituting special equity awards.


(09:39 ) Principles for designing effective and justified special awards.


(11:58 ) The importance of aligning special awards with company goals and shareholder expectations.


(16:28 ) Discussion on setting realistic and strategic performance goals for special awards.


(19:54 ) Special awards should not be a replacement for solid compensation structure.




Resources Mentioned:




Michael Britton -
https://www.linkedin.com/in/michael-brittian-4896201/


Meridian Compensation Partners, LLC -
https://www.meridiancp.com/




This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.






#Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback

Comments 
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Avoiding the Pitfalls of Special Equity Awards

Avoiding the Pitfalls of Special Equity Awards

brittany@quillit.io (Meridian Compensation Partners)