Executive Compensation Practice

At CBC-CRG, we have understood from the beginning that executives work best when they're focused on the business, rather than worried about compensation, and that effective compensation programs must work hand in hand with a company's strategic business plan. Our team of compensation experts works closely with clients to provide a full range of planning, development and implementation services.
CBC-CRG's exhaustive approach typically includes in-depth fact-finding to fully understand a client's organization, culture and business strategy; analysis of performance to determine the factors that drive the creation of value for shareholders/owners; a competitive assessment of existing industry pay practices; evaluation of internal constraints that may limit plan design alternatives; and an analysis of the tax and accounting effects as well as the cost and benefit trade-offs associated with a compensation plan. These analyses are then combined to create a total compensation strategy covering all the key elements of program design:

• Pay positioning relative to the competitive environment
  
• Risk profile: the mix of salary, incentive compensation and benefits
  
• Leverage: the relationship between incentive plan payouts and performance
  
• Timing: the mix of short- vs. long-term incentive programs
  
• Incentive plan design: objectives, performance measures and participation
  
• The role of benefits and perquisite programs

Once the strategy is in place, CBC-CRG then provides specific recommendations for changes in a client's existing compensation programs and assists in implementation. Throughout the process, CBC-CRG never loses sight of the major and growing role that executive compensation plays in reinforcing a client's overall business and in helping to focus executive performance on achieving optimal return for shareholders/owners. The ultimate objective in all cases is to design a total compensation program that is strategically, economically and culturally sound.

Clark/Bardes Consulting-Compensation Resource Group, Inc. , 633 West Fifth, 52nd Floor, Los Angeles, CA 90071-2086. Tel: 213-438-6300; Fax: 213-438-6600.