11.3 Behavioral Economics: Implications for Participant Behavior
Designing incentive compensation plans without understanding how human beings make decisions and what motivates (and demotivates) employees and executives can lead to plan failures and unintended consequences. This panel of experienced practitioners and an academic will share current behavioral economic concepts and apply them to share plan and incentive compensation design. This panel delivers experts with extensive knowledge in plan design and with deep experience working with individuals who are making significant financial decisions every day, and will illustrate these showcased academic concepts and illuminate the importance and practical application to share plan practitioners.
, Merrill Private Wealth Management (US)
Carine Schneider, FGE
, AST Private Company Solutions (US)
, Virginia Tech (US)