Incentive Compensation Roundtable 2023 | Risk Management Association (RMA) | 8 March 2023 | Kemper Corporation, 200 E Randolph St #3300, Chicago, IL 60601, USA

This programs are important tools for financial institutions. These arrangements serve several objectives, including attracting and retaining skilled labor, promoting better performance, and allowing an organization to better control costs while increasing profit.

If not designed properly, however, compensation arrangements can provide executives and employees with incentives to take imprudent risks that may not be consistent with the long-term health of the organization. Poorly designed incentive programs can inadvertently reward employees, contractors, and service providers for unethical behavior or other unfair, deceptive, or abusive acts or practices.

This roundtable offers a valuable opportunity to meet and discuss these challenges with your peers and identify best practices you can leverage at your institution to enhance the value of your incentive compensation/reward programs. A unique feature of RMA’s Roundtables is that each event agenda is a bit different, because the agenda is driven by a steering committee of your peers and by attendees’ recommendations. Recent topics have included:??

• Sound practices in incentive compensation management
• Regulatory expectations and trends for incentive compensation
• Incentive plan governance
• Employee performance-assessment tools and processes (e.g., scorecard improvements)
• Talent-related challenges including attraction and retention of employees

This is a one-day event (8 a.m.- 4:30 p.m.), with an informal networking dinner the night before.

Who will benefit?
The target audience includes management-level professionals working in human resources and experts creating or overseeing bank compensation and reward programs.