
Strategic Compensation - NASDAQ – listed e-learning and communications company.
Brief:
NASDAQ – listed e-learning and communications company. Underwent major change, including new CEO and senior team; change of strategic direction. Needed to focus and bring together an uncertain workforce.
Solution:
MM & K worked with Remuneration Committee and new CEO to:- Define an agreed remuneration strategy consistent with the business plan
- Put in place a new organisational structure
- Benchmark existing cash remuneration to market
- Support HR to prepare job descriptions and to put in place new salary progression and performance management programmes
- Put in place new sales incentives for the sales team
- Design and implement new equity incentive plans for key executives and a share acquisition plan for all employees
All together more rewarding

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