Incentive Compensation Plans
Good Morning,
We are in the process of using Blanchard and Associates particularly Mike Blanchard to design our equity incentive plan and he is very thorough and will look at all of your compensation plans to make sure they integrate properly.
Mike Blanchard
770-672-6767
Jon Kranov
President & CEO
Ottawa Savings Bank
925 LaSalle Street
Ottawa, IL 61350
125 W Bluff Street
Marseilles, IL 61341
1508 Creek Drive
Morris, IL 60450
www.ottawasavings.com
815-433-2525 (Main Office)
815-433-2573 (Fax)
815-366-5436 (Direct Dial)
815-228-9397 (Mobile)
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------Original Message------
We are looking to start an incentive compensation plan for most of the staff. I'm concerned about creating a plan that has unintended consequences, therefore, I'd like to work with a consulting firm that has done this successfully for banks. I'd like recommendations for consulting firms. I'd prefer it be a consulting firm rather than insurance company.
Thanks.
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Eric Donaldson
Chief Financial Officer
Silver Lake Bank
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