Pitney Bowes Software Systems
Pitney Bowes Software Systems (PBSS), a division of Pitney Bowes, was a leading provider of complete integrated solutions including multi-platform software, consulting, systems integration, and services. PBSS solutions included information management software for customer service, marketing, mailing applications and systems integration.
PBSS was challenged to attract, retain and motivate its software team. The company was competing for talent with other technology companies that were providing attractive stock options. The Company designed a creative phantom stock plan which needed to be valued every year.
Carter Morse & Mathias provided PBSS with annual valuation advisory services related to the Company’s compensation plan for a number of years.