SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Compensation and Benefits in 2024 A new year is upon us, and you may be wondering what is in store for the compensation and benefits world. What trends and circumstances are shaping the industry in 2024 and how...
Compensation and Benefits Landscape for 2024
In 2024, the landscape of compensation and benefits is poised to undergo significant changes, driven by evolving workforce dynamics, economic conditions, regulatory factors and technology. Employers are expected to continue seeking innovative ways to attract and retain top...
American Bankers Association Webinar
Charting the Course: Future Predictions and Current Market Updates on Compensation and Executive Benefits October 4, 2023 | 2 - 3 PM ET Banks must strike a balance between attracting and retaining key talent while addressing stakeholder concerns and aligning pay practices...
NFP Compensation Insights | August 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Total Rewards for a New Era The concept of total rewards is nothing new to the HR professional. But as the workforce evolves, especially after a pandemic, we are forced to view total rewards through a different...
NFP’s Executive Benefits Trends Study Reveals Critical Insights for Competitive Compensation Packages
NFP has conducted an in-depth survey around executive compensation and benefits to help you stay abreast of the latest trends affecting the industry. We understand attracting and retaining top-level executive talent is paramount for your organization's success and NFP's...
Reimagining Total Rewards: A Holistic Approach to Employee Engagement
In today's dynamic professional landscape, the concept of compensation has transcended the conventional understanding. It is part of the holistic approach we know as total rewards. This comprehensive assortment of benefits and incentives extends beyond the monetary aspect,...
NFP Compensation Insights | June 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Mid-Year Look into Salary Increase Trends We are halfway through the year and it's a good time to assess how compensation increases have panned out this year so far. 2023 has seen the largest pay increases since...
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:...
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,...
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...
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...
Companies are finding ways to avoid compliance with Colorado’s new Equal Pay for Equal Work Act
As explained in this recent article, some corporations are getting creative with their job postings to avoid compliance with Colorado’s new state law – which went into effect in January of this year. The law requires job posts to include salary ranges and benefits...
Executive Perquisites: Stealth Compensation at its Best! – Did You Know Series
Why the GE case intensified scrutiny from the SEC resulting in stricter disclosure requirements Jack Welch – a past CEO of GE – might be known for a lot of things, but for me, he will always be the reason the SEC will forever watch, review, and opine on executive...
Executive Perks Today
Executive compensation in the eyes of shareholders and outside observers is a complex, intriguing subject matter that always has people talking. As for public company executives, with their compensation required to be disclosed, the discussion around how much the company...
L-Blast | May 2020
Dear All, We hope you and your loved ones continue to stay safe and in good spirits as we get through this unprecedented time. Although it will be a challenge, it’s definitely uplifting to see restrictions ease as our country begins to take the first steps in the...
L-Blast | April 2020
Dear All, We hope you and your loved ones continue to stay safe and in good spirits as we get through this crisis. There is a lot of uncertainty and fear in what we are experiencing, but let me reassure you we are here for you, our clients, partners, and colleagues, to...
L-Blast | March 2020
Dear All, We are facing unprecedented times and it is my sincere hope that you and your families are safe and have everything you need as we all continue to comply with orders from health and government officials. These are those times in our lives that we will always...
L-Blast | February 2020
Dear All, We are well into the start of the year with spring around the corner and proxy season upon us. Here at NFPCC we have been busy helping our public company clients with their proxies, shareholder outreach and CD&A disclosures. Effective communication to...
L-Blast | January 2020
Dear All, Happy New Year, may this be our best year yet! We hope everyone had a joyful holiday season in the company of family and friends. As many of you may know, I had a total knee replacement late December. I want to take this opportunity to thank all of you for your...
L-Blast | December 2019
Dear All, As 2019 comes to an end, we look back on this year’s accomplishments and the challenges we faced. It was a year that brought forth strength and growth as a team. We look forward to the new year with greater confidence, and purpose to continue to be better and...
L-Blast | November 2019
Dear All, The holidays are upon us and the end of the year is quickly approaching. It has been an interesting year for us here at NFPCC but in this month of Thanksgiving, we reflect on all our blessings and are thankful we can still say we had a successful year, despite...
L-Blast | October 2019
Dear All, It’s hard to believe the holidays are around the corner, but what an exciting time for our great city of Houston once again as the Astros compete for their second World Series title! We had a rough start but are now in the lead, just one win away from the...
Energy L-Blast | October 2019
To All Our Energy Community, There has never been a time where the energy industry has been in such a state of flux… especially with respect to executive and board compensation. Compensation has, for all intents and purposes, become a “battleground” of sorts. Still,...
L-Blast | September 2019
Dear All, It’s nice to feel some slightly cooler temperatures as we enter the fall season and start drawing closer to the end of 2019! It’s a good time to refocus our energies to tackle the last few months of the year and finish strong. We have some great reads for...
L-Blast | July 2019
Dear All, As summer vacations wind down and kids start getting ready to go back to school, we too are preparing for what’s ahead in the busy fall season. We have some great articles to share with you in this month’s L-Blast that we hope you find insightful. Our first...
L-Blast | June 2019
Dear All, Summer is here and we are officially halfway through 2019! It’s a good time for all of us to assess where we are with our goals for the year and recalibrate as needed to achieve those objectives. We have some great pieces to share with you in this month’s...
L-Blast | May 2019
Dear All, It’s hard to believe school is almost out and summer is around the corner! Work has been intense here at NFPCC but as proxy season winds down we have some time to refocus our energies for what lies ahead. This month we bring you an original NFPCC article regarding...
L-Blast | April 2019
Dear All, This year is flying by and summer is already around the corner! We are still in the peak of proxy season and we think you will find this month’s articles especially helpful. In our original article we share the top executive compensation best practices as they...
L-Blast | March 2019
Dear All, It’s hard to believe the first quarter of the year is gone and Spring is here! We are at the peak of proxy season and we have some great articles to share with you this month. We hope these will shed some new light on executive compensation trends and the effects...
SERPs – One Size Does Not Fit All
Employers have long struggled with the ability to attract, retain and reward key talent. Government limits and restrictions on the amount that employees and employers may contribute toward qualified retirement plans, such as IRAs and 401(k) and 403(b) plans, leave many highly...
NFPCC Original Article: The Full Picture with Gender Pay Equity
Is gender pay equity gap as big of an issue in 2018 as it has been in previous years? We are all told that gender pay equity is measured on the same scale, but in reality the gap virtually disappears when analyzing the same level, company, and function. Most articles cite “The...
NFPCC’s Thoughts on the Approval of Tesla’s Pay Package
NFPCC's President, Chris Crawford, shared his thoughts on Tesla's newly-approved pay package: "It appears that Shareholders are okay with huge pay, as long as there is huge performance attached. This approval vote seems to swim counter to the current flow of compensation tides...
Will Salary Shaming Rein In CEO Pay? We’ll Find Out: QuickTake
We would like to share this article by the Washington Post with our readers, along with insight on the subject of salary shaming from one of NFPCC's founders. Here are 4 “predictions” from our company's President, Chris Crawford, related to CEO Pay and this article: CEO...
If the CEO’s High Salary Isn’t Justified to Employees, Firm Performance May Suffer
We would like to share this article written by Dina Gerdeman featured on Harvard Business School's website entitled, "If the CEO’s High Salary Isn't Justified to Employees, Firm Performance May Suffer." Researcher Ethan Rouen discovers that rank-and-file employees understand...
NFPCC Original Article: Compensation Media Bias
An article was recently published regarding the CEO of a not for profit, Health Care and Rehabilitation Services. Judith Hayward, the CEO, is reported to have received a $650,000 retirement package after 19 years of service. The author highlights the problematic excessive...
2017 Agenda: Priorities for Boards, Audit Committees and Private Companies
"Political swings, global volatility, technology innovations and investor expectations will require deeper board engagement. Drawing on interactions with corporate directors and business leaders as well as insights from its research, the KPMG Board Leadership Center has...
Golden Leash Rule, Say-on-Pay, Form 10-K Summaries: Proxy Season Guide to 2017
Check out this interesting read regarding the new say on pay rules, form 10-k summaries, and a guide for proxy season. "As another year comes to a close, it is time for public companies to become acquainted with the securities law and business developments of the past year...
Benefit Issues for 2017
Wilkins Finston Friedman Law Group “wrapped up” the year 2016 with their predictions of the benefit issues employers will face in 2017. Here are their top four benefit issues for 2017: •Health Care Reform. Speculation is rampant as to the extent of the upcoming changes...
High Time to Sharpen Executive Pay Clawbacks
"Whether you’re looking at a mutual fund or company stock, you want to see the management team having a significant amount of their own 'skin in the game' through a large commitment of personal financial resources. While this doesn’t guarantee success, at least you know the...
UPCOMING PRESENTATION: Turning Carrots into Karats for Millennials & Baby Boomers
This presentation by NFP Compensation Consulting will identify the differences of today's workforce with four very different generations of Workers: Baby boomers, Gen X, Millennials & Gen Z. The discussion will include what motivates the different generations along with the...
SEC’s Proposed Rules Requiring Member Companies to “Clawback” Excess Incentive-Based Compensation
SEC's Proposed Rules Requiring Member Companies to "Clawback" Excess Incentive-Based Compensation Article Written by Fulcrum Partners LLC MARKET TREND: There continues to be serious concern among regulators over the compensation of certain public company executives. The SEC's...
Golden Parachutes Under Fire: Provisions, Triggers, Benefits and Alternatives of a Change-in-Control
Change-in-control (“CIC”) provisions for public company executives have re-emerged on radar screens of shareholder activists and regulators due to recent executive pay legislations, such as December 16, 2009, increased Securities and Exchange Commission (“SEC”)...
Motivating a Multigenerational Workforce in the 21st Century
One of the biggest challenges in companies today is how to successfully motivate employees. No other time in modern history has the corporate landscape been as diverse as it is now with multiple generations coming together in the workplace. There are four unique generations that...