Importance of Reviewing Compensation Programs Routine compensation reviews, particularly for a whole company population, aid in assuring the organization is offering competitive compensation packages that can attract and retain top talent. By regularly reviewing...
Join us at the Texas Bankers Association CFO Conference
Texas Bankers Association 2023 CFO Conference | June 14 -16 Hyatt Hill Country Resort San Antonio Join NFPCC Practice Leader Tyler Brown on June 16 for an informative discussion- Turning Carrots into Karats: Trends in Executive Compensation Across the US and in Texas;...
Webinar – Turning Carrots into Karats: Trends in Attracting and Retaining Executives
May 25, 2023 | 10:00 AM CT Join NFPCC Practice Leader, Tyler Brown in this informative session covering the latest trends and key concepts in executive compensation across all industries. He'll also explain how to develop effective retention strategies focused around a...
NFP Compensation Insights | April 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Staying Ahead of Rising Compensation Challenges Boards and management teams are facing an increasingly demanding environment when it comes to compensation-related issues. Inflation, a tight labor market...
Rising Compensation Challenges and How to Mitigate Them
Inflation, threats of recession, and high employee turnover are just a few of the issues Boards and management teams must contend with in 2023. These challenges are coupled with increased regulations, continued shareholder institution noise, and the SEC continuing to impose...
NFP Compensation Insights | March 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » The Evolving Role of the Compensation Committee The role of the compensation committee continues to evolve and grow in complexity. Members can now expect to have more responsibilities as their roles expand into...
The Future of the Compensation Committee. Is it secret? Is it safe?
It’s no secret that the role of the Compensation Committee has been evolving for some time now. It is safe, however, to say that sitting on a Compensation Committee (or board of directors for that matter) is not what it used to be. What was merely a fiduciary role to...
2023 Proxy Season Preview – Compromise and Conflict Ahead
A challenging proxy season is ahead as noted in this comprehensive report by The Conference Board. The authors share findings from last year's proxy season that provide insights and expectations for what's to come. Some of the key takeaways for this year's proxy season...
Banks Need a Game Plan to Keep Your Best People
Bank Compensation and Benefits Study identifies concerns and solutions Today's competitive and ever-changing banking industry demands focus on attracting and retaining top performers as an essential tool for success. It's no surprise the 2022 TBA Bank Compensation and...
NFP Compensation Insights | February 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Pay Transparency Laws Pay transparency laws continue to gain momentum as more states are now requiring employers to disclose salary ranges. These laws have been enacted as part of the efforts to achieve greater...
Pay Transparency Laws in the United States: Overview, Importance, and Challenges
Pay transparency refers to the communication of company pay practices to employees and explanation of how pay is determined for unique positions. While pay transparency can be a controversial issue, it has gained traction in recent years as a way to address pay disparities...
Webinar: Compensation Trends & Strategies for a Competitive Market
Feb 23, 2023 | 2:00 PM CT As you plan for the new year, it’s important you have a pulse on data and trends in order to make informed decisions about your strategy, especially in a world changing as fast as this one. Join the NFP compensation consulting team as we...
NFP Compensation Insights | January 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Annual Incentive Payouts and TSR - Is There a Link? It's the start of the new year and companies are preparing their salary budgets and planning for annual incentive bonuses. Traditionally, it's known that...
2023 Midstream & Upstream Industry Compensation Surveys – Open April 1st
Keep your compensation programs competitive by participating in NFPCC's Midstream and Upstream Industry Compensation Surveys. Get access to the latest benchmarks in both corporate and technical roles, inclusive of actual total direct compensation and target total...
Should TSR Performance Be Accounted for in Annual Incentive Plans?
It’s that time of year again as calendar year organizations begin to finalize their respective annual incentive/bonus payouts. Within this context, many board members and directors, in their totality, are wrestling with investor perspectives and pre-determined performance...
Executive Compensation Considerations in the 2023 Reporting Season
Proxy season is around the corner and there is much to consider in regard to executive compensation disclosures. The SEC has new rules around pay for performance and clawback provisions which companies will need to examine closely in order to craft effective disclosures....
NFP Compensation Insights | November 2022
Compensation Risk Assessments As we near closer to the 2023 proxy season, preparations are underway as public companies gather requirements for various compensation-related disclosures. Among them are the results of a compensation risk assessment. The SEC...
Compensation Risk Assessments
Incentive compensation holds an important yet unique place within a company’s pay program initiatives. Both long and short-term incentive plans should be designed to balance attracting and retaining top-level talent in conjunction with motivating behaviors to achieve a...
2022 Midstream & Upstream Industry Compensation Survey Results
We have completed our annual midstream and upstream compensation surveys and recently released the results. Once again, this year's responses revealed interesting findings in these sectors. Below we share notable takeaways from each survey. Midstream Survey The median...
NFP Compensation Insights | October 2022
Executive Retention Strategies By now, we are all well aware of the high turnover rates in the employee population and the Great Resignation phenomenon. Companies have been implementing creative strategies for attraction and retention to deal with this ongoing...
Executive Retention Strategies in a Turnover-Heavy Market
“Where have all the people gone?” An HR executive recently posed this question, a question to which an answer is unclear. He was right, where are they? Turnover is on the rise and hiring more difficult than ever. There just doesn’t seem to be a pool of talent, and...
Our Rebrand is Complete!
We are excited to announce our rebrand as NFP’s Compensation Consulting practice is complete! Our integration with NFP allows us to expand our capabilities and create new paths for collaboration that elevate value for our current and future clients. While things have...
NFP Compensation Insights | September 2022
The L-Blast is Now NFP Compensation Insights! The SEC's Final Ruling on Pay vs. Performance Last month, the SEC released final rules on the pay for performance disclosure requiring public companies to submit additional information regarding executive compensation...
Oh, Pay vs. Performance! Oh, My Goodness!
Pay vs. Performance? “Okay, it’s happening, everyone stay calm.” – Michael Scott Last month, after nearly a decade, the Securities and Exchange Commission (SEC) adopted final Pay vs. Performance rules (“Final Rules”). These Final Rules, while more complex than...
NFP Compensation Insights | August 2022
The L-Blast is Now NFP Compensation Insights! Four-Day Workweeks are Getting More Attention As companies continue to struggle with attraction and retention challenges, employers are exploring more creative options to entice workers. Remote work, flexible...
Four-day Workweeks are Gaining Traction
Despite remote working exponentially increasing over the last two years, the standard workweek has continued to be five days, which became the standard roughly 80 years ago. You might be wondering why five-day workweeks are in place and the answer is fairly straightforward:...
NFP Compensation Insights | July 2022
The L-Blast is now NFP Compensation Insights! NFPCC Conducts CEO Pay Analysis of North Texas' Top CEOs As we dive into the results of this year's proxy season, NFP Compensation Consulting recently conducted an analysis assessing the compensation packages for Chief...
NFP Compensation Consulting Conducts CEO Pay Analysis
As we delve into the results of the 2022 proxy season, NFPCC conducted an analysis for Dallas Morning News assessing the compensation packages for the top one-hundred Chief Executive Officers, based on company revenue, in the DFW area. This year’s Chief Executive Officer...
Following Inflation & Compensation
It has been decades since Americans have experienced record high inflation. Macroeconomic conditions, monetary policy, and a long list of other factors have caused inflation to rise around 8.6% over the last 12 months, and the consensus is inflation will continue to trend...
The L-Blast | May 2022
A Look Into the 2022 Proxy Season As predicted, this year's proxy season is proving to be an especially active one, particularly in the areas of environmental and social issues. As annual meetings wind down, we have a good idea of how trends affecting these issues are...
2022 Proxy Season: A Peek into Developing Trends
As we hit the midpoint of the 2022 proxy season, shareholders and investors continue to shift focus towards untraditional topics compared to the prior year's proxy seasons. At the forefront of these conversations sits ESG (environmental, social, and governance) and human...
The L-Blast | April 2022
ESG & Executive Compensation Linking environmental, social, and governance metrics to executive compensation is becoming increasingly prevalent. Pressures from investors, shareholders, environmental and rights advocates, and the government are pushing companies...
ESG & Executive Compensation: A Deeper Look Inside the Growing Trend
Effective compensation programs have a strong circular relationship between measurable goals, tangible performance, and actual payouts. This is true whether the goal or goals are short-term or long-term in nature. But what happens when the lines between goals and...
2022 Midstream & Upstream Industry Compensation Surveys Open June 1st!
Keep your compensation programs competitive by participating in NFP Compensation Consulting's Midstream and Upstream Industry Compensation Surveys. Get access to the latest benchmarks in both corporate and technical roles, inclusive of actual total direct...
The L-Blast | March 2022
Compensation for a Multigenerational Workforce Employers are currently facing challenges on all levels. Among them are human capital concerns regarding attraction and retention, and their direct link to compensation and the total rewards landscape. Today's workforce is...
Compensation for a Multigenerational Workforce
In times of economic uncertainty and heightened retention concerns across all employers, utilizing capital to its highest utility is of the utmost importance. NFPCC has been diligently focused on the strategic use of compensation within client organizations. Specifically,...
The L-Blast | February 2022
New Focus on Executive Pay for Performance Executive compensation and pay for performance have always been a hot topic, but the SEC's recent reopening for comments on its pay versus performance rule has put renewed focus on this highly debated issue. A push from the SEC...
Renewed Focus on Executive Pay for Performance
It’s been nearly twelve years since The Dodd-Frank Act was enacted as a direct response to the financial crisis of 2008. The Act holds many sections detailing regulations to be enforced; however, a recent resurgence of proposed pay for performance mandates from 2015...
The L-Blast | January 2022
Inflation and Executive Compensation It's a new year and as inflation continues to rise, budgetary concerns regarding compensation take center stage. We have been writing on this topic for several months, focusing primarily on the effects on salaries at the employee...
Rising Inflation and Executive Salary Increases
Salary budget planning for 2022 has been a hot discussion as companies moved to finalize budgets for this year. In general, salary forecast trends for 2022 are currently tracking to be about one percent higher than previous projections earlier in 2021. Recent pulse surveys...
The L-Blast | December 2021
Compensation Strategies & Trends for 2022 The end of the year is upon us and planning for 2022 is underway. How can organizations navigate the unprecedented workforce challenges we are seeing? Tight labor markets, inflation, covid concerns, and various compensation issues...
Compensation Strategies & Emerging Trends for 2022
Companies preparing compensation strategies for 2022 can expect similar conditions to what we have seen in 2021. The ever-changing environment along with sporadic regulatory requirements from COVID protocols are forcing companies to be more adaptable. Believing the US...
The L-Blast | November 2021
Combating the Great Resignation The Great Resignation continues to exacerbate workforce concerns with no end in sight. As more and more companies struggle with retaining and attracting needed talent, it has become critical to dive into the root causes of this phenomenon...
Strategies to Combat the Great Resignation
The employment market reflects drastic changes following the COVID-19 pandemic. The U.S. Bureau of Labor Statistics reports 4.4 million workers left their jobs in September of this year with no indication of slowing. The old-school model of employee loyalty to a firm has been...
SEC Revives Executive Compensation Clawback Rule
Last month, the SEC announced it is reopening the comment period for its proposed clawback policy regarding erroneously awarded incentive compensation. The comment period is expected to close in mid-November and the SEC will then review comments before publishing a final rule....
2022 Proxy Season: A Look Ahead to Executive Compensation Issues and Considerations
Next year's proxy season is around the corner and it's a good idea to start preparing, taking important considerations into account regarding executive compensation. In this article, Winston & Strawn share key matters to consider as public companies begin planning,...
The L-Blast | October 2021
Reassessing Compensation Peer Groups Peer group selection has always played a key role in the executive compensation planning process. While peer group composition may have been somewhat static in previous years, companies are now at a point in which reassessment is...
Peer VS. Competitor: The Importance of Distinction for Executive Compensation
Impacts of a global pandemic, volatility in the markets, bankruptcies and consolidation through M&A activity has created a new business landscape… one no industry has completed escaped. The one area this impacts meaningfully is peer selection for compensation...
Cost-of-living and salary budget adjustments a top concern for compensation planning in 2022
As we near the end of the year, companies are starting to plan their compensation strategy for 2022. A topic that is top of mind is the higher rate of inflation we are experiencing and how cost-of-living salary adjustments will be affected in the coming year. Research shows...
The L-Blast | September 2021
In this month's L-Blast, we turn our attention to a topic that is quickly becoming top of mind for many companies and has gained quite a bit of media attention over the past few months. We are talking about a phenomenon we've come to know as The Great Resignation. What...