While not all pay is justifiable, executive compensation continues to be unnecessarily painted in a severely negative light. In the world of governance, it is a common topic which bands together the masses against the few, falsely highlighting inequity and greed. While...
NFP Compensation Insights | October 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Our Role in Risk Management The role of compensation consultants is vital when it comes to risk management. Companies should be able to rely on us for peace of mind, knowing we have equipped them and their Boards...
Compensation Consultant’s Role in Risk Management
In today’s dynamic business landscape, risk management is a paramount concern for organizations striving for sustainable success. Among the myriad aspects of business operations that require careful oversight, compensation management stands out as a crucial area that can...
Subchapter S Bank Association Annual Conference
October 19-20, 2023The Omni La Mansion del Rio San Antonio, TX Join us for the 26th Annual Subchapter S Bank Association's Conference - the only conference specifically created to educate and help financial institutions maximize the benefits of their S Corporation election....
NFP Compensation Insights | September 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » ESG and Executive Pay Linking ESG to executive compensation continues to be an upward trend, however there is still much controversy and complexity for corporations as they determine if including ESG metrics...
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...
ESG and Executive Pay: A Perpetual Discussion
Sustainability goals are now widely considered on par with more traditional KPIs and are slowly becoming standardized as external pressures continue to push corporations to tie non-financial measures to executive pay; however, this hasn’t always been the case, clearly. So...
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...
NFP Compensation Insights | July 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Compensation for Bank Executives Executive compensation continues to be a topic of intense scrutiny and complexity across all industries and compensation in the banking sector is no exception. In fact, the financial...
Executive Compensation in the Banking Industry: An Overview
Executive compensation is a complex and multifaceted subject that plays a crucial role in the functioning of banks. In a vibrant financial sector, the compensation of executives at banks is of significant interest and scrutiny. This comprehensive explanation aims to delve...
Fall Compensation Bootcamp
Are you looking for a virtual, yet comprehensive compensation training program? NFP has your back! Our Fall 2023 Compensation Bootcamp is now open for registration. Our team of nationally recognized experts will give you the opportunity to learn the basics as well as...
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...
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...
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...
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 | 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...
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...
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...
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...
The L-Blast | August 2021
Another proxy season is behind us, and like every year, we had an opportunity to take notice of trends, specifically as they relate to executive compensation disclosures. In this case, we see companies are taking approaches to more clearly portray the link between pay,...
What’s the Real Deal? Bridging the Gap Between Reported Pay & Realized Pay
For a long time and even more recently in a pandemic/worldwide health crisis, the compensation of executives, specifically in cyclical and commodity-based businesses, has always been scrutinized. Our firm sees articles like Forbes’ “CEO Compensation is Out of Control” and...
The Dallas Morning News releases ranking of highest-paid CEOs compiled by NFP Compensation Consulting
NFPCC compiled its annual ranking report of the 100 highest-paid CEOs in North Texas, as reported in The Dallas Morning News. In 2020, Jay Adair, CEO of Copart Inc., topped the list at $25.7 million in total compensation. In addition to Dallas-Ft.Worth’s highest-paid CEOs,...
The Compensation Committee’s Role in Human Capital and DE&I, According to Fortune 500 Committee Chairs
Compensation committees continue to evolve, especially after last year's events. In this great article by NACD, new light is shed on the ever-changing role of the compensation committee in regards to human capital and ESG issues. For all of us either on these committees or...
Incentive Stock Options (ISOs) vs. Nonqualified Stock Options (NQSOs) – Knowing the Difference is Key – Did You Know Series
What is better ISOs or NQSOs? This week, one of the boards I sit on that is preparing to go public, asked the question – “What is better – ISOs or NQSOs?” It’s such a great question and actually, one of the easier questions I have gotten as a board member, so...
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...
The Controversial Golden Parachute Part II – “Did you know” series
Exploring the pros and cons, and key considerations when drafting golden parachutes I was Deloitte & Touche’s national partner in charge of performance management compensation. Several partners were in a conference room with me discussing a merger of two large...