June 20, 2021
Business News

Energy Industry Leader Selects beqom to Manage Global Executive Compensation

NYON, Switzerland–()–beqom, a cloud-based total compensation software provider, announced it has been selected by one of the world’s largest investor-owned electric utility service providers to manage its executive compensation.

The company uses Long Term Incentive (LTI) plans as a key part of its compensation strategy to reward executives for their commitment to the company’s long-term performance. The company was seeking to replace a spreadsheet-based solution to manage LTI plans for thousands of executives located all over the world. beqom was selected to provide a transformative solution to manage these LTI processes end-to-end.

beqom will provide a digital platform for the company to store and maintain…

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