Compensation Whiplash – the movement of compensation up and/or down so rapidly it gives you a headache. The recent labor market has hit HR/Compensation departments with a nasty concoction of variables – unprecedented labor market volatility, commodity price swings, hyperinflation, the great resignation, silent resignations, remote work, DEI, and 5 generations working together at the […]
It was a great year!
For the past 16 years, long-term incentives (LTI) in private companies have significantly increased. According to WorldatWork, the prevalence of LTIs in private companies increased from 35% in 2007 to 62% in 2019. Given the current hyper competitive market combined with volatile macro conditions of 2023 and beyond, the majority of private companies in every […]
Strategies for a Recession-Proof Compensation Plan The Market Background The stock market is down approximately 22% year to date (S&P 500 and Russell 2k) and US GDP has dropped in the last two quarters. By many economists’ measures, this defines the beginning of a recession. And while recessions and higher unemployment typically go hand in […]
Sitting on a board is no picnic. The primary responsibility for board members has evolved from its focus as a shareholder fiduciary over the last few years. In addition to this role, public, private and nonprofit boards must now also share the company’s responsibility to be a good community partner through environmental, social and governance […]