Owner experience in creating exec comp plan for day-to-day operator?

by a searcher from Hampden-Sydney College

4 years ago

I own a commercial landscaping business, and I'm looking to create an incentive plan for my long-term managers at the company.  I'm not interested in selling, so traditional equity isn't a good option for us.  We've tried some things in the past that were overly complicated and didn't work well for us.  Has anyone tried an executive compensation plan that has worked well for both the owner(s) and the manager(s)?

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5 comments

searcher from Hampden-Sydney College

I did!Happy to share it.Feel free to message me directly and I'm happy to walk through it with you.

2 years ago | like reply | 0 likes

searcher from University of Colorado at Boulder

Hey Billy - did you ever settle on a plan?I am trying to balance a quarterly profit payment (small) with a long-term profits payment (bigger) that has some vesting approach.Would love to hear if you figured something out.Thanks!

2 years ago | like reply | 1 like

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