On today’s episode, we’re joined by Michael Brittian, Partner at Meridian Compensation Partners, LLC. Michael explores the nuanced world of special one-time equity awards, offering insights into when and why these can be pivotal for executive compensation strategies, especially during leadership transitions or significant company achievements. Key Takeaways: (01:33) Michael outlines the typical components of executive compensation packages. (05:11) Common scenarios where special compensation awards are beneficial. (07:06) The benefits of accomplishing goals using the existing compensation plan over instituting special equity awards. (09:39) Principles for designing effective and justified special awards. (11:58) The importance of aligning special awards with company goals and shareholder expectations. (16:28) Discussion on setting realistic and strategic performance goals for special awards. (19:54) Special awards should not be a replacement for solid compensation structure. Resources Mentioned: Michael Britton - https://www.linkedin.com/in/michael-brittian-4896201/ Meridian Compensation Partners, LLC - https://www.meridiancp.com/ This episode is brought to you by Meridian Compensation Partners, LLC. Learn more by visiting MeridianCP.com. #Compensation #Wages #SPAC #Equity #ExecutiveCompensation #Clawback