The Multi-Stakeholder Business Model: Revolutionizing Compensation and Benefits

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About the Host

Fred Whittlesey

Founder and Principal Consultant of Compensation Venture Group, SPC (CVG)

 

Fred Whittlesey is founder and Principal Consultant of Compensation Venture Group, SPC (CVG), a Seattle-area consulting firm specializing in executive compensation, incentive compensation, equity compensation, and employee pay. CVG is a Washington Social Purpose Corporation, became a Certified B Corporation in 2013, and reinvests profits in impact startups and Fledge LLC, the conscious company incubator/accelerator. Fred also is Adjunct Professor at Seattle Pacific University teaching graduate-level courses in total rewards systems, and is a writer for InvestorJunkie.com. He holds an MBA from UCLA, and is a Certified Equity Professional (CEP), Certified Compensation Professional (CCP), and Certified Executive Compensation Professional (CECP)

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Can corporations play a role in making the world a better place? This question has gained increasing attention among investors recently, and a new school of thought is emerging: not only do companies have the ability to enact positive change on the community and environment, but they actually have a corporate responsibility to do so. Investors are now more focused than ever on ensuring corporate pay practices reflect this full spectrum of stakeholder interests. As a result, the rapidly evolving multi-stakeholder model of business is forcing companies to adopt a new framework for merit increases, annual performance reviews, incentive plan design, and other elements of compensation plan design.

How should today’s employers address new priorities like responsible investing, conscious capitalism, and Environmental, Social, and Governance (ESG) criteria? In this exclusive HRCI webinar, Principal Consultant Fred Whittlesey of Compensation Venture Group will deconstruct these drivers behind the multi-stakeholder business model, as well as the ways in which they will shape future compensation and benefit plans and policies.

Attendees will learn:

  • The phrases that define the new approach to compensation and how they correspond to terms for similar concepts in your organization

  • The historical background supporting current compensation practices as well as the competing framework that has shifted the thought process

  • How investors’ emerging views on value creation demand a rethinking of current practices within a new framework from Boards of Directors and executive teams

  • Why HR must proactively develop methods for assessing current programs and market trends in light of this relatively new perspective
Theresa M. Worman

Executive VP, Strategy & Development | Compdata Surverys & Consulting


 

Watch this On Demand Webinar for Free!

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