(847) 236-1208

An investment/financial services company with 100 total employees

The Situation

The Compensation Committee of the Board wanted to make sure its executive compensation plans were appropriate and did not create unintended consequences or impediments to unwind them. The Committee also wanted a thorough assessment of the CEO’s total compensation package with a recommended approach for a new package, as his employment agreement was expiring.

The Deliverables

  • A review of the executive team’s compensation package to determine whether it was reasonable.
  • A review of the external competitiveness of the executives’ total rewards package as compared to industry benchmarks and best practices.
  • A competitive assessment of the CEO’s total compensation package as well as recommendations for changes to this package.

The Results Achieved

  • The Compensation Committee felt that the review was very thorough. As a result of the review, certain changes were made to the deferred compensation and equity components of the executives’ plans.
  • The Compensation Committee and the CEO were pleased with the revised total compensation package that replaced the prior employment agreement.

Case Studies

Featured Clients

Benefits & Compensation Resources, LLC

Phone: (847) 236-1208
Fax: (847) 236-1209
Email: info@b-cresources.com

For over 5 years, Little Brothers-Friends of the Elderly has relied on BCR to provide a full range of HR services. BCR brings over 15 years of experience to the table, along with top notch professional, cost effective, and value added results. BCR is our go to HR firm!

Simone Mitchell-Peterson,
Executive Director
Little Brothers-Friends of the Elderly

BCR performed a comprehensive total compensation analysis for our business, and designed an effective job family compensation structure to reflect our various business lines and functions. BCR provided timely expert guidance to support our dynamic business needs, so that we could implement a compensation program that was flexible and scalable to meet our current and future growth needs.

Carrie Thomas,
Director of Compensation and Benefits
Lender Processing Services

Benefits and Compensation Resources is our main resource for benchmarking Executive Compensation, as well as all of our incentive programs. We know we will always be provided with accurate, detailed information that we are confident to share with our Senior Management Team and Board of Directors.

Melissa Davis,
Corporate Human Resources Manager
Plymouth Tube

Barb and the BCR team are the experts when it comes to compensation, both domestic and international. They spend a great deal of time learning the business before providing options for solutions. They have demonstrated great flexibility in adapting to scope changes along the way as well. Their depth of experience has given them, and our recommendations, great credibility to our Board of Directors.

Donna Griffin,
VP of Global Human Resources
Turtle Wax

BCR’s process is well defined, and at the same time, tailored to meet unique challenges and requirements. The expert guidance and input BCR provided, allowed us to quickly implement a compensation program to support our dynamic business needs.

Debra Manning-Dutko,
HR Director
Magellan

Our Division was faced with a large project – to redesign our compensation system for our 900 plus retail store operation. BCR was instrumental in leading our project management efforts to assist us in implementing the project within our timeframe. BCR’s project manager, Jennifer Ottolino, had the perfect blend of compensation and business experience to help lead this effort. The result was a massive roll out change, which was within our budget and within our timeframe. With BCR's expert guidance, all main areas were covered: compensation reporting, employee communications, change management and system related tasks.

Audrey Southard,
Senior Vice President
Follett Higher Education Group

BCR did a thorough analysis of the AAP's benefits as comparison to similar associations and non-profits. A written analysis was presented to the AAP board of trustees, who found it comprehensive and easy to follow. Barb Manny and Pam Krebs presented the implications of the results to the Board, and addressed questions on the data, benefit trends, and relation of benefits to compensation. The project was completed on time and within budget. Barb and Pam were responsive to staff questions and a pleasure to work with.

Nadine Seidman,
Deputy Executive Director
AAP

Benefits and Compensation Resources provided us with valuable benefits expertise, guidance and support at a critical time for our organization. As a newly-established organization with limited staff, BCR came in and quickly assessed our needs and objectives and worked with us, our broker and our vendors to implement our annual benefits enrollment and support our benefits function development. We know we can count on BCR to partner with us as we grow our business.

Jim Aikins,
Chief Human Resources Officer
Decision Insight Information Group

I have worked with Barbara for over 15 years and she is one of the most knowledgeable and creative professionals I know. Her expertise is deep in all areas of compensation and benefits, but it also spans far beyond this into other areas of human capital management. Barbara is one of the first calls I’d make when undertaking a change in our programs and I trust her knowledge and pulse on market trends.

Amy Mysel,
VP HR
Provisur Technologies

Find Us Online

Facebook

LinkedIn

Archives