Following the fluctuating trends in compensation over the last few years, it is important for companies to take a step back and reassess what compensation means, its purpose, and how it is evaluated. As the market continues to stabilize, after a few years of historic...
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...
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...
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...
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...
Why CEOs Aren’t Overpaid
While CEO pay has been a hot topic for many years, it has come back into the spotlight after the House of Representatives recently voted to repeal the Dodd-Frank legislation. Critics are complaining that transparency is necessary to lower CEO pay, but we are sharing this Fortune...
The Role of Executive Pay in Promoting Responsible Business
While pay isn’t the only way to attract, retain, and motivate employees, the demand for transparency from shareholders and increased regulations have put executive pay under more scrutiny than ever before. This article reinforces that properly designed pay packages are...
Rewarding Executives for Successful Bank M&A
"Mergers and acquisitions (M&A) can create significant value for shareholders. Accordingly, bank executives should be rewarded when completing and integrating successful transactions. However, in today’s environment of heightened executive pay scrutiny, some approaches to...
10 Key Findings That Impact Board Performance
"Overseeing a company is no small task. Disruptive technologies are changing corporate business models, geopolitical turmoil is impacting supply chains and investment opportunities, and increased regulatory complexity is affecting innovation. Institutional investors and...
NFPCC’s Chris Crawford on NPR Morning Edition
Our own Chris Crawford, Executive Director and Co-Owner, on NPR Morning Edition discussing the fear of an age gap in talent for the Energy Industry. http://app1.kuhf.org/audiolibrary/110328oil-industry-talent-shortage.mp3 Courtesy of...
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...