Executive Compensation Consultants or Associates are responsible for designing, developing and reviewing, often comprehensive compensation programmes, for executives across organisations. These consultants work closely with the Board of Directors and HR department to ensure they attract the right executives and make sure they are retained within the organisation.
The role of an Executive Compensation Consultant is a varied one with numerous responsibilities, which include:
- Conducting reviews of executive pay design to ensure they are competitive and support drivers of attraction, retention and engagement.
- Developing pay philosophy, salary structure design, pay ranges and pay-for-performance analysis.
- Providing Remuneration Committee support, advising on executive compensation strategy.
- Assisting clients with Directors’ Remuneration Report drafting.
- Working with companies to understand and qualify their executive compensation strategy using data analytics, regulatory research and financial trends.
- Supporting clients with corporate governance, regulatory reviews and trends updates.
- Providing clients with benchmarking on several pay elements including base pay, executive benefits, short and long-term incentive plans and total reward, using a variety of sources such as disclosed data and survey data.
Harvey Sutton are experts in placing ambitious individuals looking to progress their career in Executive Compensation. We have a range of roles currently available for the right candidate. Complete the form below or call us today to discuss your next career move.
