Designing Cutting-Edge Compensation Plans for Top Family Office Talent with Bruce Benesh

Today, it is my pleasure to speak with Bruce Benesh, Managing Principal at Benesh Consulting Group. Bruce has more than 40 years of experience in executive compensation, tax planning relating to compensation arrangements, and international human resource consulting. He formerly served as the national partner- in-charge of the Human Capital Services Practice at Grant Thornton, and prior to that was the partner-in-charge of Arthur Andersen's Americas Human Capital Services Practice.

Bruce, along with his firm Benesh Consulting Group, is a distinguished and generous advisor member of FOX, and we are fortunate to have his expertise available to our membership community.

Bruce begins with an overview of the family office executive compensation landscape today. He describes the current state of affairs in the space, the established practices, and the latest trends pertaining to compensating key staff at family offices.

Bruce then talks about some of the challenges family offices are facing when looking to create total compensation structures for their key employees and executives, highlighting the issues they struggle with the most.

Bruce has worked with dozens, if not hundreds, of family offices over the years, helping them design attractive and effective compensation packages for key hires. He summarizes some of the best practices he has observed most frequently and would recommend to our listeners.

Beyond hiring a compensation expert with experience in the family office space, such as himself, Bruce provides a summary of the other resources and practical tools family office owners and leaders should be aware of that can help them understand, plan, and design best-in-class compensation structures.

Do not miss this highly relevant and instructional conversation with one of the foremost thought leaders and practitioners in the family office compensation space.