Designing a Private Company Director Compensation Program
In this video, Bertha Masuda and Sue Schroeder provide a step-by-step guide on how to design a board pay program for privately held companies. Unlike their publicly traded peers, privately held companies do not have liquid stock. However, privately held companies need to have an attractive and competitive pay program in order to recruit and retain experienced board members. Bertha and Sue discuss the different board pay models and how to overcome private company challenges.