Compensation consulting for Corporate Plan Sponsors

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Corporate plan sponsors encounter distinct challenges in managing plan assets with an in-house investment team. Crafting compensation programs that balance external competitiveness with internal equity presents complexities, particularly when the investment function is deeply embedded within the larger corporate framework. This function stands out not only in its role within the corporation but also in terms of its size, scope, and complexity. It is crucial for the success of the pay program to reflect the investment function's unique attributes, while simultaneously harmonizing with the corporate culture, mission, and strategic goals. 

Benchmarking salary and total compensation levels within the investment management industry is a nuanced endeavor, demanding a meticulous evaluation of peer organizations and an in-depth understanding of the competitive labor market. Mike's approach ensures that pay decisions are informed by robust, relevant data, reflecting the true dynamics of the investment talent labor market. He has a deep understanding of corporate plan sponsors as well as broad expertise across the full spectrum of investment managers. Plan sponsors conducting salary surveys rely on Mike's expertise of this complex labor market to ensure their pay programs are fair and competitive.

For corporate plan sponsors, the selection of performance metrics and standards is critical. Mike's proficiency in evaluating and implementing the most relevant metrics—whether it involves performance relative to policy benchmarks, absolute returns, funded status, corporate performance, or other tailored criteria—ensures that compensation strategies are not only competitive with the investment industry but also aligned with corporate standards. His analytical rigor ensures that compensation aligns with the plan's beneficiaries, fostering an environment of accountability and motivation. 

Mike offers a blend of deep industry insight, strategic acumen, and tailored advisory services. His dedication to understanding the unique challenges and objectives of each corporate client makes him an indispensable partner in developing and implementing compensation strategies that drive long-term success and align with corporate values and financial goals. With Mike's expertise, corporate plan sponsors can navigate the complexities of compensation planning with confidence, ensuring their investment teams are motivated and aligned with the sponsor’s overarching objectives.