Creating an Ownership Culture or Why Nobody Washes a Rented Car
From Our Equity Compensation Webinar SeriesEach one-hour Webinar features an experienced authority in the field and discusses a requested topic.
This replay was recorded on November 9, 2010.
About This MeetingThis 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 program is multi-disciplinary, covering compensation design, communications and workforce engagement considerations.
This Webinar has already taken place. It is available as a free replay in the members-only area of this site.
PresentersJim 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.