Remuneration vs Equity: Incentives that Work, with Tony Gilbert
- E2
- 46:13
- February 9th 2026
In this episode, we get into the practical reality of compensation in private capital-backed businesses with Tony Gilbert, Head of Compensation Advice at Jamieson.
When should management teams benchmark salary and bonus? How do incentives change when the buyer is a Strategic rather than another PE fund? What’s different about take-privates, where hundreds of employees may be used to equity schemes? And as hold periods stretch with infrastructure and long-duration capital, what replaces the classic “in-and-out” PE equity story — cash LTIPs, phantom plans, retention bonuses, or something else? We cover it all on “The Coalface of Private Equity”.
The Coalface of Private Equity
The Coalface of Private Equity is your inside look at the dynamic world of private capital transactions.
Brought to you by Jamieson, the market-leading adviser to management teams in private equity, this podcast goes beyond the headlines and into the boardrooms. Join us as we engage with CEOs, C-suite executives, non-execs, and experts from across the private equity ecosystem—including lawyers, tax advisors, and insurance brokers.
Each episode reveals firsthand insights into the challenges, strategies, and human stories behind some of the most significant transactions in private equity today. Whether you're an industry veteran or curious about the forces shaping this fast-paced landscape, The Coalface of Private Equity is your guide to understanding deal-making through the lens of those working hard at the Coalface.