Solving the Incentive Compensation Challenges in Executive Retirements
What used to be golden handshakes for retiring executives, along with the retirement parties and going-away gifts – have increasingly become executive and board wrestling matches. We explain the current complexities in detail and give guiding principals that can help navigate the delicate balance of compensating retiring executives.
- The Rising Retirement Age
- No Age Discrimination Protection
- Productivity, Succession or Management Change Consideration
Guiding Principles to create healthy executive retirements that serve the interests of all parties:
Due to high readership of this article, WorldAtWork is also providing a podcast with Chris Crawford and Ian Keas. More details to come.