Breakout Session 1: Results from FOX’s 2020 Compensation & Benefits Survey, sponsored by Grant Thornton
Overview
Find out what we learned about current family office compensation and benefits practices, including how Covid-19 has affected office structures.
Cassie Atteberry, Principal, Talent Outside the Lines
Ken Cameron, Director, Grant Thornton, LLP
Glen W. Johnson, Chief Operating Officer, Family Office Exchange
Rob Storrick, Manager, Human Capital Services, Grant Thornton LLP
Insights and Key Takeaways
Every other year FOX sponsors a Family Office Compensation and Benefits Survey. The 2020 survey had a total of 201 participants from across the United States, and was based on data collected from June 11-August 7. 60% of participants own one more more operating businesses, and 42% have professional HR staff to oversee compensation and benefits decisions. When asked, what are your greatest human challenges, it’s no surprise that 46% of offices answered finding staff with the right experience, closely followed by managing workload for current staff, and then employee succession.