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...
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...
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...
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...
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...
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...
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...