Ventana Research Viewpoint:
Total Compensation Considerations in Financial Services
Steve Goldberg, VP and Research Director from Ventana Research authors this new original piece from the Ventana Viewpoint Series.
Creative strategies are necessary to draw top talent in an environment where rapid wealth accumulation is often a primary personal driver, and the difference between having an “A-player” instead of a “B-player” in a particular role can translate into huge differences in revenue delivered. These creative strategies lead to greater complexity in both general plans and individual packages, and they include elements such as instruments that convert to cash or actual shares based on a company’s stock price increasing over time or deferred compensation payouts when total compensation thresholds are reached.