On today’s episode, we’re joined by Chris Havey, Partner at Meridian Compensation Partners, LLC. Chris shares practical strategies for maximizing the value of Q2 and Q3 compensation committee meetings. With fewer urgent agenda items in the off season, these months present a valuable opportunity for committees to assess, test and refine their executive compensation programs. Chris outlines five key areas where thoughtful evaluation and preparation can significantly improve year-round decision-making.
Key Takeaways:
(02:26) Use lighter meeting agendas to focus on strategic priorities.
(06:20) Revisit compensation philosophy and its connection to guiding principles.
(06:48) Assess whether performance outcomes reflect compensation payouts.
(08:53) Conduct benchmarking to identify alignment or deviation from market trends.
(10:16) Review potential liabilities and risks across compensation programs.
(13:21) Improve proxy clarity and ensure messaging aligns with pay practices.
(14:36) Use compensation design to support investor relations.
(15:05) Incorporate shareholder feedback into future planning.
Resources Mentioned:
https://www.linkedin.com/in/chris-havey-12a5118/
Meridian Compensation Partners, LLC
https://www.linkedin.com/company/meridian-compensation-partners-llc/
This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com.
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