Liftstream is an executive search recruitment company in the life sciences sector
This article was authored and posted by Karl Simpson, CEO and Founder of Liftstream, an Executive Search and Leadership Advisory firm operating in Life Sciences. It’s contents reflect his personal views and experiences.
Fair and equitable compensation is a challenge which grips leaders at all levels of the corporate ladder. It is CEOs and Boards who often receive the brunt of the hostile objections to what are viewed as excessive rewards. While undershooting on compensation also provokes equally audible protestations among those who wish for the company to continue to attract market leading talent and retain it effectively. For many, the correlation between financial rewards and quality talent is incontestable. For others, the connection is more opaque and the financial gains seen as disproportionate.