Stephen Diosi, Partner and lead of the Incentives & Remuneration team, and Tom Grogan, co-lead of the Blockchain Group, were published in the May 2019 edition of the Executive Compensation Briefing. Their headline article, 'Incentivisation in the Blockchain Era', looked at how emerging technologies such as blockchain might be applied to improve the speed, efficiency and effectiveness of employee incentive and remuneration plans.
The article briefly explained blockchain technology and suggested that administrators may consider moving their businesses towards distributed models and, in so doing, reposition themselves from service to platform providers. It also set out a non-exhaustive list of high-level questions for would-be adopters of advanced technology solutions to address at the very outset, to help them evaluate the merits and suitability of a blockchain solution within their business.
Stephen and Tom's article is available to subscribers via the Executive Compensation Briefing's website, which also includes an option to request a complimentary issue.
If you have any questions on this article or are interested in adopting a blockchain-based incentives plan, we would love to hear from you. Please contact either Tom Grogan or Stephen Diosi for more information.