Skip to main content
Top
Cookie Notification
Cookie Notification

We use cookies to collect information about how our website is used and to improve the visitor experience. You can change your browser’s cookie settings at any time. Please review our privacy policy for more information. OK

  • Careers
  • Salary Surveys
  • Login
  • Blog

Menu

  • Why Pearl Meyer
    • Our Philosophy
    • Our Approach
    • Our Commitment
    • Our Clients
    • Our Role
  • Advisory Services
    • Consulting Services
      • Executive Compensation
      • Director Compensation
      • Employee Compensation
      • Compensation Communication
      • Leadership Development
      • CEO and Executive Succession
      • Compensation Governance
    • Specialized Expertise
      • By Industry
      • High-growth Start-Ups
      • Mergers and Acquisitions
      • Restructuring
    • Salary Surveys
      • Running Your Salary Survey
      • Salary Survey Portfolio
      • By Industry
  • Meet our Team
  • Knowledge Share
  • Contact Us
  • Why Pearl Meyer
    • Our Philosophy
    • Our Approach
    • Our Commitment
    • Our Clients
    • Our Role
  • Advisory Services
    • Consulting Services
      • Executive Compensation
      • Director Compensation
      • Employee Compensation
      • Compensation Communication
      • Leadership Development
      • CEO and Executive Succession
      • Compensation Governance
    • Specialized Expertise
      • By Industry
      • High-growth Start-Ups
      • Mergers and Acquisitions
      • Restructuring
    • Salary Surveys
      • Running Your Salary Survey
      • Salary Survey Portfolio
      • By Industry
  • Meet our Team
  • Knowledge Share
  • Contact Us
  • Careers
  • Salary Surveys
  • Login
  • Blog

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

process graphic
how-we-work-with-boards-and-management-small

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

expect-strategic-alignment-graphic

Strategic Alignment

  • Pay strategy and philosophy
  • Incentive plan design
  • Leadership development
  • Succession planning
  • Compensation communication
  • Sophisticated Analytics
expect-sophisticated-analytics-graphic

Sophisticated Analytics

  • Pay benchmarking
  • Pay and performance analytics
  • Incentive goal-setting
  • Marketplace trends
  • Equity plan reviews
expect-compliance-confidence-graphic

Compliance Confidence

  • Compensation disclosures (SEC)
  • Regulatory/legislative updates
  • Policy development/reviews
  • Contracts/severence arrangements
  • Proxy advisory firm policies/views
expect-tailored-solutions-graphic

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
Joe McNeal
August 2022

Biotech Layoffs: Ideas for Creating a Fair Compensation Plan

When considering staffing reductions, a fair and empathetic compensation program is imperative in the tight-knit biotech and pharma industries.

Read More
series-of-turquoise-human-figure-silhouettes-against-background-of-molicules
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.

components used for assay analysis in lab
Blog Post

Juggling Biotech Equity Grant Size, Dilution, and Retention

A decline in share prices creates challenges in the current equity grant cycle. Our data show how biotech companies are making adjustments.

DNA strands made of black and white spheres
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

Article
Bill Reilly
February 2023

Recent and Planned Compensation Practices for Life Sciences Companies

Despite a slowing economy and increased prevalence of job cuts, the market for talent in life sciences remains strong, as does wage inflation.

Read More
Article
Terry Newth
Joe McNeal
October 2022

What Growth-Stage Biotech and Pharma Companies Need to Know About the PvP Rules

While the rules are clear on what needs to be done to comply with pay vs. performance disclosure, there are unique challenges for biotech and pharma.

Read More
Advisor Blog
Matt Molberger
July 2022

Option Repricing or Exchanges in Development Biotech

For biotech, the retention value of options is currently in jeopardy. Here are several key points to weigh if your company is considering strong action.

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

Ways To Contact Us

Ways To Contact Us

Ways to Contact Us

 
Contact an Office
 
Contact a Consultant
 
Join Our Mailing List
Stay Connected: twitter linkedin youtube
  • About
  • Contact Us
  • News & Events

Copyright © 2023 Pearl Meyer & Partners, LLC. All rights reserved. Terms of Use  Privacy Policy