Steps to Pay Equity
Pay Equity Is More Than A Buzzword In Today’s Workplace. Pay equity is the practice of paying employees equally for equal work, regardless of gender, ethnicity, sexual orientation or other protected characteristics. Studies have shown that companies with pay equity are more profitable, have higher employee morale, and are better able to attract and retain […]
Client Alert – CLAWBACK Update
An Update on Executive Compensation Clawbacks Back in October 2022, the SEC adopted final rules detailing listing standards for “Recovery of Erroneously Awarded Compensation” – or more commonly known as “clawbacks.” The rules, implemented 12 years after the passing of Dodd Frank, are summarized for reference. In an interesting turn of events, the SEC, after […]
2023 Energy Company First Filers Analysis
It was a great year!
Incentive Plan Decision Making
While Pay versus performance disclosures will headline most executive pay stories, the real cruxt of the matter is designing pay + performance programs. Many public, private and not for profit company boards and management are asking how to set pay for stretch and who should design the incentive plan mechanics. We provide simple guiding principles. […]
SEC’s Pay Versus Performance – 2023 Early Impressions
SEC’s Pay Versus Performance – 2023 Early Impressions As we head into March and the start of proxy season, the SEC’s newly required Pay Versus Performance disclosures are front of mind for many that deal with compensation and corporate governance. The Commission just recently released some *timely* clarifications on their rules, called Compliance & Disclosure […]
2023 Compensation Committee Priorities
2023 Compensation Committee Priorities A recent poll conducted found that 98% of CEOs expect a recession in 2023, although there is little agreement on the duration or severity. While economic uncertainty will be an influencer of compensation committee meetings and decisions on executive pay throughout 2023, there are a number of priorities Compensation Committees may […]
A New Currency: Work From Home
A New Currency in the Compensation Toolbox: Work From Home If necessity is the mother of invention, then the COVID pandemic is the mother of a new compensation currency: Work From Home (WFH). The Evolving Compensation Toolbox The total compensation toolbox has evolved rapidly over the last 30 years. For most of the 20th century, […]
What Job Seekers are Looking For
What Job Seekers Are Looking For Job seeker preferences are shifting – with candidates now indicating that the right salary/benefits takes priority over other elements (like the flexibility of remote work) when considering a new role. That’s the headline from a recent survey conducted by Sense, an AI-driven solutions provider for enterprise recruiting, which polled […]
Future State of Remote Work
Future State of Remote Work A recent study conducted by Gallup found that as pandemic-related restrictions have eased, so has the prevalence of fully remote work for “remote-capable” employees. With Gallup estimating 70M+ full-time employees in the US capable of working remotely, and the current tightness in the labor market, how companies define the “workplace” […]
North America ‘enthusiasm gap’ about ESG’s
North American ‘Enthusiasm Gap’ About ESG’s According to an Oxford and Protiviti survey conducted over the second quarter, North American business leaders lag leaders from other countries in their views on the importance of ESG (Environment, Social, Governance) on business success over the next decade. While recent assessments of ESG in executive pay have found a range of practices […]