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Compensation Resolutions for 2024

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...

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Executive Pay: It’s Not All About Performance

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...

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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...

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Compensation Increase Trends in 2023

What the Data Reveals We are well into the middle of the year and most companies have made it through the daunting period of performance reviews and annual raises. So how have increases played out so far?  Mercer’s recent survey revealed that 2023 annual merit...

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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...

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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...

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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:...

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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...

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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...

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Recruiting & Retention Crunch

The effect of the 2020/2021 economy has wrecked recruiting and budget plans, causing a shifting of power. Specifically, the transition and pausing of business in the early months of the pandemic resulting in a precipitous decline across all sectors. The economy has...

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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...

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Compensation in the Real Estate Industry

Introduction The pandemic has significantly impacted the real estate sector. With a surge in the number of employees who work from home, the demand for office space has softened. At the same time, growth in e-commerce has exploded, resulting in further disruption...

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The Attraction and Retention Paradigm

BUILDING SUCCESS THROUGH TALENT ACQUISITION AND PRESERVATION The importance of employee attraction and retention on overall business success is an often-debated issue. Although two very divergent schools of thought exist — either employees as assets or employees as...

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COVID-19 and Compensation: What to Think About

According to a recent survey by Willis Towers Watson, in mid-February some 15% of participant companies expected material impacts from COVID-19 to persist over the next six months. As we all know, the situation has continued to evolve around the world, injecting increasing...

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Establishing and Maintaining Pay Equity

In a previous article written by NFPCC in 2018, the growing concern of gender pay gaps and how they impact attraction and retention issues in corporate America was addressed. Through this process, it was discovered that the issue of the pay equity gap really was not as...

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