Case Study - Market Intelligence
Ardea benchmarked board level remuneration across the UK healthcare sector.
The situation
As owners of a newly acquired company, our clients lead an annual review of board level salaries.
The aim is to set a level of compensation appropriate to the size and complexity of the business. This has to be balanced with the ambitions, motivations and perceptions of the executives concerned. An effective review will ensure their long and short term interests are properly aligned with the business.
Accurate information allows for an effective review, negating hear-say about competitor reward and giving the investor-owner the freedom to set salaries at or ahead of the market place.
The Ardea solution
Benchmark companies were selected and agreed as appropriate comparators. Board level compensation was identified and properly verified.
The result
The report was able to provide an evidential and independent basis for the level of board compensation to be decided. The report carried no commentary and as a ‘value neutral’ tool carried greater weight and credibility.
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