There is Old Adage — You Get What You Pay For!
Although not everyone works purely for monetary benefits, it is proven that aligning managerial incentives to shareholder interests is the key to enterprise success. It is also well known that budget-based profit based incentive systems simply do not work. Worse yet, they make the budget process highly political, time consuming, and have consistently failed to deliver the results demanded by shareholders.
We have a novel and well proven approach to executive compensation; one that is based on the economic value creation (EVC) of the enterprise and is applicable for both privately held and publicly listed enterprises.
By designing value metrics, identifying value drivers, and ensuring that incentives are based on controllable line of sight incentive systems with regular monitoring and reporting, CRGroup has designed customized executive compensation systems that are significantly different and more effective than other incentive design methods.