Compensation Advisors is a leading compensation consulting firm offering over 20 years of unmatched experience designing compensation strategies for financial institutions nationwide.
Our firm specializes in providing compensation solutions for financial institutions. We keep our focus on a limited number of engagements which enables us to develop the most thorough understanding of our clients’ objectives. This approach provides the foundation to properly educate directors, executives and shareholders on efficient and effective compensation solutions.
Our mission is to be a trusted advisor to the financial industry. We deliver superior education and services to ensure directors, executives, and shareholders have a thorough understanding of the most relevant compensation practices.
Compensation arrangements for executives of financial institutions are best designed to align with a company’s culture and values, business strategy, trends in the industry and comparable to that of peers in the industry, while properly incorporating a performance factor directly tied to the performance of the company. Meyer-Chatfield Compensation Advisors is dedicated to servicing its clients in compensation program designs that are focused on the specific needs of each client.
Ensure the Compensation Peer Group Is Appropriate for the Company.
The compensation peer group typically includes similarly situated companies in terms of industry, size, location(s) and performance and should correlate closely with the performance peer group.
Utilize Well-Defined, Relevant and Results-Based Metrics.
Incentive plans should be customized to the company to support the achievement of its business strategy while limiting overly aggressive or overly conservative decision-making.
Confirm Compensation Levels Are Relative to Competitors.
By comparing the company’s compensation program to that of peers, the compensation committee can determine the competitiveness of each element of executive compensation and how each compensation component fits within the total program.