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    July 28, 2022
    Videos

    The Purpose of a Benchmarking Peer Group

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    A company peer group is a critical part of the compensation program design process. Peer data helps companies identify the right performance metrics, targets, and goals.

    It also paints a picture of the market for executive talent, informing recruiting strategies and providing insights into the competitiveness of the program.

    Gerard Leider, Partner at Meridian Compensation Partners, explains the role of a benchmarking peer group for spin-off companies designing their first compensation program.

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