
Phil Pinnell
Principal at executive compensation consulting firm Semler Brossy Consulting Group, advising boards and compensation committees.
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Sep 24, 2026
Psychology of Rewards
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3:58speaker_3HOST
And Phil, if we just stick to the senior executives specifically, how do incentives vary based on industry, company size, etc.? What are some of the factors that might drive?

Phil PinnellGUEST
Yeah, so there are a million different ways that you can structure incentive programs.

Phil PinnellGUEST
And I think that there are a few factors in play, right? So what we already touched on a little bit is what sort of behaviors are you trying to drive? But I also think that it's important to consider the background of the executive team and where they sit on the I need to pay my mortgage and send my kids to school versus I'm trying to drive generational wealth and how far along they are in their careers.

Phil PinnellGUEST
So there are people that are towards the end that are CEO and chair, in which case some of your tools for rewarding or incentivizing people that might exist if you are kind of earlier in your career, like you could get promoted or you could get a bigger job.

Phil PinnellGUEST
And at the same time, you've got much more flexibility in terms of how you structure incentives, because it is a status and recognition thing and not a I need to have money to pay for things thing.
10 MINS LATER
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15:07speaker_0HOST
And do you have thoughts on that and