Executive Management Benchmarking

Executive Management Benchmarking

Brief:

A commercially focused organisation operating across the public/charitable/commercial sectors. The Remuneration Committee members were concerned that the remuneration packages paid to the top 5 executives were not consistent with market practice – in particular base salary and bonus payments.

Solution:

Developed a structured job analysis questionnaire for all five executives
Interviewed and discussed the roles with each executive
Prepared role profiles from the interviews
Identified an appropriate database against which to compare the five roles
Benchmarked the roles, identifying base salary, bonus, car allowance and total remuneration
Prepared statistical analyses of the market data comparing the actual remuneration against the market
Prepared graphs to highlight the statistical analyses
Discussed findings with Chief Executive
Prepared final report based on findings and made recommendations for going forward

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