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WEBINAR REPLAY

Creating an Ownership Culture or Why Nobody Washes a Rented Car

This meeting has already taken place. It is available as a free Webinar replay in the members-only area of this site.

From Our Equity Compensation Webinar Series

  • Each one-hour Webinar features an experienced authority in the field and discusses a requested topic.
  • Discuss current administrative and other issues with fellow practitioners without leaving your office!
  • Free for NCEO members

Have you been looking for a way to network and gain CEP continuing education hours? Why not attend the NCEO's equity compensation Webinars? In response to questions and comments from practitioners all over the U.S., the NCEO has developed these online seminars to focus on equity compensation plan administration—for administrators to ask questions, share ideas, and gain CEP continuing education hours. The Webinars take place once per month for one hour (1 CEP continuing education unit per hour) and discuss a hot topic.

This replay was recorded on November 9, 2010.

About This Meeting

This program looks at the relationship between pay, work culture and employee and company performance. We will look at how differences in work cultures can determine the degree of employee engagement, as well as how these cultures can impact the desired alignment between pay and company success. Particular focus will be paid to how an "ownership culture" can be used as a differentiator in attracting, retaining and motivating a high performing workforce.

In this webinar, we will address:
  • What is an ownership culture and how do we achieve it?
  • The difference between "owners" and "renters".
  • Whether real equity necessary for ownership?
  • How simple changes in executive compensation programs can create true alignment with stakeholder interests.
  • Does an ownership culture really affect company performance?

This presentation will consider these issues in a range of ownership structures, including publicly traded, privately held, venture backed and ESOP.

This program is multi-disciplinary, covering compensation design, communications and workforce engagement considerations.

Presenters

Jim Sillery, Principal, Buck Consultants

Jim Sillery is a Principal in Buck's Chicago office. For nearly 30 years, he has advised companies on both domestic and global compensation issues. Jim specializes in working with companies in the areas of executive compensation, global remuneration, short and long-term incentive compensation, corporate governance, organizational design, work culture and performance management.

Jim is an Adjunct Professor at The John Marshall Law School. He has an MBA from Keller Graduate School of Management and a Bachelors of Science in Psychology from the University of Scranton.

Jim has been recognized by World at Work with a lifetime achievement award and currently serves on the Board of Directors of the Chicago Compensation Association.

Jim is the author of "Global Executive Remuneration and Risk Management", published in Buck's Global View Journal. He is contributing author to "Pay for Results: Aligning Executive Compensation with Business Performance" published in 2009 by John Wiley & Sons and co-authored an article entitled "Filling the Sales Compensation Gap" which was published in Workspan, World at Work's monthly magazine, as well as in a World at Work book entitled "Sales Compensation".

Jim is a frequent speaker on a broad range of compensation topics. He is frequently quoted in media such as CNBC, The New York Times, The Chicago Tribune, The Chicago Sun-Times, The Milwaukee Sentinel Journal, Crain's Business Weekly, BusinessWeek, and Workforce.