Compensation Benchmarking: The “Total Rewards” Package:

How to ensure all of the components included in a total rewards package are part of your approach to executive compensation

The most thoughtful approach to a total compensation strategy must include addressing all of the financial anomalies in life…

  • Current Cash Pay
  • Disability
  • Premature Death
  • Retirement (Traditional & Supplemental)
  • Education Funding (self or family members)
  • Appropriate Vacation, Sick Leave, Paid Holidays – PTO
  • Appropriate Expense Reimbursement Allowances
  • Student Loan Repayment Programs
  • Supplemental Perks – Automobile Allowances, Entertainment Expenses, Etc.
  • Severance Compensation
  • Long Term Care
  • Short Term & Long Term Incentive Compensation

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