Andrew McElheran
For many companies, It’s a huge challenge to set long-term performance goals that line up neatly with the industry-standard three-year measurement period.
Relative metrics add a degree of flexibility to the mix, so companies can account for the unexpected while still meeting investor and proxy advisor expectations.
In this short video, Andrew McElheran of Meridian Compensation Partners explains how a company might establish a relative metric and assess performance against it.