email this page  print this page

Executive Compensation

Looking for an opinion on compensation?

The QTI Group has the expertise to help for-profit and not-for-profit organizations ensure executive compensation is fair, market driven, and aligned with stakeholder interests. We can guide not-for-profit organizations through a process that creates “rebuttable presumption of reasonableness” and we can help for-profit organizations design plans that increase total shareholder value.

QTI Consulting is frequently called upon to provide an independent evaluation of the reasonableness of compensation compared to a benchmark group of similar organizations or organizations of similar size and scope.  We work with Boards as an independent, trusted partner.

Case Study: Two boards, one direction.

Two long-term QTI clients asked us to help them build consensus on important compensation issues. With multiple constituencies and a changing labor market, they knew they needed a respected partner and an open process. We ensured that all opinions were heard and we successfully brought both organizations to consensus through a deliberate, results-oriented process.

The experience repeated a pattern we have noted before Compensation Committees need:

  1. Reliable market data on all forms of compensation.
  2. A partner that all stakeholders know will adhere to the principles of independence, fairness, equity, transparency and respect for the organization’s mission and the community.

Strategic Compensation Design

We view it as our role to work closely with the compensation committee to design executive incentives that reward the difficult balancing that executives must perform.  We know sound plans must reward short- and long-term performance, investment and efficient use of resources, innovation and core business growth.  We understood compensation risk long before the Wall Street meltdown and we have a gut feel for what is fair, reasonable and aligned with the market. 

QTI Consulting experts design executive compensation programs that are built upon organizational strategy, aligned with shareholder interests and are competitive, defensible and motivational.

The broad spectrum of executive total rewards (base salary, short-term incentives, long-term incentives, perquisites, benefits and intangibles) has seen significant changes with recent regulatory developments, governance pressures and corporate scandals.  We are on top of national labor market changes and we know the Wisconsin labor market like the back of our hand.

QTI Consulting will work with your Board to guide them through the planning process and establish a competitive mix of executive rewards that equitably and defensibly reward your leadership team.

 

 

Bank compensation planning used to be easy but that has changed.  Here are some tips to help instill confidence again.

Wisconsin bioscience companies project a salary increase of 3% in 2012.  Learn more here. 

More organizations are anticipating difficulty recruiting over the next 12 months as compared to last year. See our Wisconsin Human Resources Planning Survey results to learn more.

Learn About Renewed Government Focus on Pay

Here are some of the current projects we are working on:

Updating base compensation structure for a professional services firm

Performing market pricing, FLSA study, and structure analysis for a foundation

Developing administrative career ladders for a utility

Updating base compensation – including market pricing, assisting with internal job classification, and adjusting structure – for a life insurance company

Assessing current staff and recommending 5 year strategic HR plan for a growing catalog retail business

Conducting FLSA study for a higher education organization

Working with a family business to design executive incentives

Conducting an engagement survey for a professional services firm

Creating HR, manager, and employee training materials describing new compensation program at a property/casualty insurer

Building base compensation program for a health insurance company

Working with board to conduct a multi-source feedback appraisal on the top executive at a non-profit

Assisting an evolving foundation in creating more robust job documentation

Completing an executive compensation study for a manufacturer

Developing career ladders for a professional services firm

Conducting an HR economic pulse survey in conjunction with a higher education organization in Milwaukee

Working with an insurance agency to gather job information, market price jobs, and create a compensation structure

Performing an executive compensation study for a managed care organization

Developing engineering career ladders for a utility

Conducting employee engagement survey for a business membership association

Conducting an HR needs survey of dental offices

Adjusting compensation program at a manufacturer to align to market and allow efficient use of compensation budget

Designing staff annual incentive program at a health care facility

Researching and assessing impact of recent legislation on loan officer incentives at a bank

 

 

 

 

 

 

QTI News

Wisconsin bioscience companies project a salary increases of 3% in 2012.  Learn more here .

Click here to read the inaugural edition of QTI Consulting's HR Strategic Directions.  This edition focuses on low-cost engagement initiatives.  Stay tuned for future editions focusing on topics like Sales compensation, Base pay strategies in a recovering economy, and Talent management & succession planning.