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      • Executive Compensation
      • Director Compensation
      • Employee Compensation
      • Compensation Communication
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      • Compensation Governance
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Life Sciences Compensation Consulting

Learn more about Pearl Meyer's expertise working with boards and management teams in life sciences.

Building Teams That Drive Innovation

"With mission-driven cultures, an intense competition for scarce labor, and a broad range of business strategies, an executive compensation philosophy is a key element in how this industry manages talent."

-Terry Newth, Managing Director

Read More

We recognize the critical role that life science companies play in the world today. From bringing innovative medicines to market and developing new diagnostics, to delivering medical technology and devices to frontline workers and patients, these companies are pushing innovation to improve and save lives. Our compensation consulting services and forthright advice help the boards and senior leaders in these companies elicit the very best from their talent pool and build world-class management teams.

Our Approach to Executive Compensation in Life Sciences

We understand that there are many distinct sectors within the industry and that each organization is at a different place in its journey.

Whether your company is focused on a new therapeutic or equipment that allows a hospital unit to run more efficiently, our consultants are experienced in understanding the nuance of individual businesses and their long-term strategy. We translate that knowledge into executive compensation programs that produce desired results.

Similarly, we understand the needs of a Series B start-up differ greatly from those in a company that is ready to commercialize its product. We work with you at all points in the life cycle to customize your pay programs for your specific near- and long-term goals.

How We Design Executive Compensation Programs

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Collaboration and Results

We believe in a partnership approach when advising clients.

Building trust and facilitating open and productive communication between management, the board, and your Pearl Meyer team is the key to achieving success.

We help construct a shared, proactive, and goal-oriented vision for your organization's compensation programs—always with the aim to produce results, not surprises.

Contact us at lifesciences@pearlmeyer.com to hear more about how we might help your organization achieve a competitive advantage.

Compensation Services and Capabilities

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Strategic Alignment

  • Pay strategy and philosophy
  • Incentive plan design
  • Leadership development
  • Succession planning
  • Compensation communication
  • Sophisticated Analytics
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Sophisticated Analytics

  • Pay benchmarking
  • Pay and performance analytics
  • Incentive goal-setting
  • Marketplace trends
  • Equity plan reviews
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Compliance Confidence

  • Compensation disclosures (SEC)
  • Regulatory/legislative updates
  • Policy development/reviews
  • Contracts/severence arrangements
  • Proxy advisory firm policies/views
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Tailored Solutions

We combine properly aligned business and leadership strategies, analytics, compliance frameworks, and our consultants' innovative problem-solving. The result is a compensation program design that is tailored to your unique circumstances and helps transform executive pay from a cost of doing business into a competitive advantage.

Ask the Expert

Have a Question?

Contact Terry

Ask the Expert

Terry Newth

Terry is a managing director in Boston and head of the firm's Life Sciences practice. He says, "Each client business is so unique, yet they are all pushing the boundaries of science every day. It's our job to bring a fresh and creative approach to their compensation programs—one that's informed by data and best practices, but engineered to their specific goals and long-term vision."

Advisor Blog
Terry Newth
September 2020

Emerging Biotech Compensation: Mitigating the Effects of a Volatile Stock on Equity Grants

Three possible outcomes to model that can assist in mitigating the issue of volatility yet still promote good governance.

Read More
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Trends & Issues Article

The First Year of Say-on-Pay for Life Science Companies: How to Plan Ahead

What to expect as your company exits emerging growth company (EGC) status and faces its first say-on-pay vote.

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Video

Pre-IPO Compensation: Balancing Market Data with the Magic of a Start-Up

How to create a compensation program that is public company-compliant, but doesn't lose the innovative essence of the organization.

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Podcast

Winning the Talent War in Life Sciences

Developing an effective compensation strategy can be less than straightforward for companies that are still pre-revenue.

Related Knowledge Share Items

Advisor Blog
Robert James
September 2021

Founder Compensation: The Data Only Take You So Far

Understanding how your founder situation differs from the average is at the heart of establishing the right market reference point.

Read More
Article
Terry Newth
Deb Lifshey
August 2021

Transitioning From Stock Options to RSUs

Fundamental information about tax treatment of restricted stock and RSUs that can help companies add these vehicles to their pay mix in a smart way.

Read More
Advisor Blog
Terry Newth
May 2019

A Possible Solution to Growth Biotech’s Performance-Based Equity Conundrum

Many in this sector have issues with performance-based equity—here are two potential solutions for your long-term incentive plan.

Read More
Article
Terry Newth
Robert James
November 2020

Ready, Set, IPO: A Three-Part Plan for Executive Compensation

An IPO means major change for your pay programs and corporate governance; we outline three key areas that can help structure the planning process.

Read More

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