The 2019 Executive Pay Practices Study is now available for purchase and download by NAMIC members. This study goes beyond the base numbers of compensation benchmarking and provides details on the strategies and best practices that mutual insurance companies are using to build effective compensation packages for their C-suite leaders.
Ward Group recommends insurance carriers benchmark their executive pay plans at least every other year to ensure their compensation offerings remain competitive. This biennial report can help you quickly analyze your strategies and allow you you realign your executive pay structures to better attract and retain top leadership talent.
The Executive Summary includes a list of participants and highlights of the study results.
Executive Pay Practice Strategy
Base Compensation Management
Annual Incentive/Bonus Compensation
Long-term Bonus/Incentive Compensation
Paid Time Off
Supplemental Executive Retirement Plans
Watch a webinar from March 20, 2019 to learn more. The speakers — Jeff Reider of Ward Group and Margaret Resce Milkint of The Jacobson Group — explore recent hiring trends in the insurance industry and analyze the latest results from the study.
Contact Brian Snyder at firstname.lastname@example.org for more information about this unique study.