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...
NFP Compensation Insights | May 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Keeping Compensation Programs Competitive and Equitable The war on talent persists as organizations struggle to attract, motivate and retain their employees. The recent focus on pay transparency and equity are...
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...
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 | 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...
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,...
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 | December 2018
Dear All, It’s hard to believe 2018 is quickly coming to an end. We wish you all a very Merry Christmas and a happy and prosperous 2019! We at NFPCC are very grateful for another great year and for all of you. We look forward to the new challenges and opportunities the new...
L-Blast | October 2018
Dear All, It’s hard to believe the holidays are around the corner and soon we will be gathering with family and friends to celebrate and wrap up 2018! Here at NFPCC are excited to celebrate Thanksgiving, one of our favorite holidays, and are grateful for all of you and the...
NFPCC Original Article: Timing Long-Term Incentives
Introduction We are now in the 8th year of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). Among other things, the implementation of Dodd-Frank meant the majority of public issuers had to learn to navigate the waters of shareholder advisory...
L-Blast | August 2018
Dear All, Just like that, summer break has come and gone and school is back in session! As we gear up for the busy fall season we took a moment to evaluate our goals as well as our team members. We are excited to announce another round of promotions within our NFPCC staff! Read...
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...
L-Blast | July 2018
Dear All, We hope you are staying cool and enjoying vacations with your families. The start of school is around the corner and just like the kids, we too are gearing up for the busy fall season. In this edition of the L-Blast we have some great articles to share with you...
Dallas Business Journal Reveals Highest-Paid Public Company CEOs in North Texas
NFP Compensation Consulting provides the salary data for the Dallas Business Journal’s annual analysis on the highest-paid public company CEOs in North Texas. Click here to read the full...
Chris Crawford Quoted in Bloomberg Article on Comstock Resources’ Pay
NFPCC's President, Chris Crawford, was recently quoted in a Bloomberg article by Liam Denning entitled, "A Tiny Gas Firm's Big Lesson on Bosses' Pay." Denning explains how Comstock Resources exemplifies the skewed incentives in the E&P...
L-Blast | May 2018
Dear All, Summer is around the corner as another school year comes to an end and with it the first proxy season requiring CEO pay ratios. As I mentioned in a recent HBJ article, the really interesting use for the pay ratio will come in three to five years, when a given company...
NFPCC Original Article: Q&A with Highlights from Tudor Pickering Conference
NFPCC was recently invited to participate in Tudor Pickering’s 2018 Hotter N’ Hell Conference. Dan Pickering quizzed NFPCC’s Chris Crawford on recent executive compensation trends in the energy sector. Here are just a few highlights from that “fireside chat”. Q: It...
NFPCC Original Article: What are We Paying For?
Non Performance-Based Compensation Factors & Why they Matter Too Add together the volatile ingredients of egregious CEO pay articles, gender pay gaps, say-on-pay votes, CEO pay ratio legislation, media bias, market volatility, compensation lawsuits, collegiate athlete pay...
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...
L-Blast | March 2018
Dear All, Spring is finally here and with it the first CEO Pay Ratio disclosures of 2018! Although we are still in the early stages of proxy season, we are already seeing eye-catching data for the newly required pay ratio disclosure. It will be interesting to see how this...
NFPCC Original Article: Reactions to CEO Pay Ratios – the Destructiveness of Double Standards
The divisiveness of politics is reaching extremes in today’s climate. It’s incredible how the same story can be told by two different reporters and both will express the exact opposite information as fact. Walter Cronkite famously stated: “We all have our likes and our...
NFPCC Original Article: Paying for Performance in Not-for-Profits
DOWNLOAD THE WHITEPAPER Updated August 2020 With the passage of the 2017 Tax Act, more scrutiny continues to be applied to not-for-profit organization compensation. This follows recent actions from various state and federal agencies upping the ante on not-for-profit...
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...
L-Blast | January 2018
Dear All, We are well into the start of the new year and although 2018 has greeted us with some extremely cold temperatures that paralyzed our city for a couple of days, we at NFPCC have hit the ground running and are gearing up for proxy season. In this first L-Blast of 2018...
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...
What the Tax Bill Means for Executive Compensation
As we all know, both the House of Representatives and Senate voted to pass the Tax Cuts and Jobs Act legislation and sent it to 1600 Pennsylvania Avenue for the President’s signature. While it will take more time for the country’s citizens and corporate world alike to truly...
NFPCC Original Article: 2018 Proxy Season Preparations
December – a time for reflection on the year that was, review of company performance…and a first look at the latest policy updates from proxy advisory firms like Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”). While it...
L-Blast | November 2017
Dear All, This holiday season we at Longecker & Associates are reminded of how truly blessed we are to watch those we advise make a difference in their companies, community and many more areas. In the spirit of advising, we have some great articles to share with you all...
NFPCC Original Article: Compensation Landmines & Key Issues
“I would not give a fig for the simplicity this side of complexity, but I would give my life for the simplicity on the other side of complexity”. Oliver Wendell Holmes, Jr. Executive compensation practice and application is continually developing based on proxy advisory firm...
L-Blast | October 2017
Dear All, It’s hard to believe the holidays are upon us, but what an exciting time it is for our great city of Houston as the Astros compete for their first World Series title! We may be champions by the time this hits your inbox, but whether we win or not, we are proud of...
NFPCC Original Article: NFPCC’s Response to HBR’s “Decoding CEO Pay”
There was an article titled “Decoding CEO Pay” recently published in Harvard Business Review, and in our opinion here at NFP Compensation Consulting, Messrs. Pozen and Kothari have some valid points, and many that are not so valid. It appears they found a few unique, obscure...
ISS Launches 2018 Benchmark Policy Comment Period
Institutional Shareholder Services (ISS) launched a two-week consultation on potential updates to its benchmark voting policy for 2018. The comment period will allow all interested parties – including companies, investors, advisors, and others – to provide their perspective...
2017 Proxy Season Review: Compensation
ISS published its annual post-season report on compensation results and trends last month, and this article from Harvard Law School Forum on Corporate Governance and Financial Regulation summarizes their findings. Here are some main points: Say-on-pay support reached its...
L-Blast | September 2017
"True heroism is remarkably sober, very undramatic. It is not the urge to surpass all others at whatever cost, but to serve others at whatever cost.” - ARTHUR ASHE Dear All, That quote holds true even weeks after the catastrophic effects of Hurricane Harvey and reminds us...
Business Wire: Activist Investor Challenges Executive Pay Accounting at T-Mobile
We found this great article written by Business Wire, and we wanted to share it with our readers: Activist Investor Challenges Executive Pay Accounting at T-Mobile July 31, 2017 - WASHINGTON - (BUSINESS WIRE) - Earlier today, the CtW Investment Group petitioned the SEC to...
NFPCC Original Article: CEO Pay Ratio Caps Will Not Work
Just last month, NFPCC’s “CEO Pay Ratio - Winter is Coming” article summed up the latest on the controversial pay ratio rule. This month, we dive into a related subject by taking a peek back in time to the mid-1970s. This past week, a 1977 Wall Street Journal article was...
Chris Crawford Quoted in Dallas Morning News Article Featuring Trends from NFPCC’s Compensation Study
NFP Compensation Consulting performed a detailed study of compensation awarded to chief executives at North Texas' largest publicly traded companies, based on 2016 revenue. This article written by Karen Robinson-Jacobs discuss the main trends found in our study and features...
NFPCC Original Article: CEO Pay Ratio – Winter is Coming
“Winter is coming” – a household phrase for those familiar with the Game of Thrones television series and book adaptation. Applied in the context of corporate issuers – CEO Pay Ratio is coming! Are you prepared? Are you familiar with how to run the calculation? Do you...
NFPCC Original Article: Upcoming HR/Reward Legislations and How You Can Impact Congress
Federal legislation impacts all citizens. This is especially the case for rewards professionals, as they must navigate and implement rewards programs that are subject to new legislation once it becomes law. Last spring, when WorldatWork held its first Legislative Summit in...
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...
Only 7 Say-on-Pay Failures So Far
The Say-on-Pay failure rate is the lowest it's been since voting began in 2011. According to this Semler Brossy chart, the failure rate is at 0.6%, and only seven Russell 3000 companies have failed thus far in 2017. Need help preparing for the next annual say on pay vote? Ask...
New Revenue Recognition Standard’s Impact on Compensation
There's a new revenue recognition standard that could affect compensation and bonus plans. These plans are made over many years, and the ways of measuring and the timing of recognition of revenue change. Determining compensation incentives that reward real growth will require...
Media Bias in CEO Pay
On March 13, 2017, Fortune.com published an article comparing compensation of Marissa Mayer, Yahoo’s CEO, and her replacement, Thomas J. McInerney. This article, titled “Yahoo’s new Male CEO Will Make Double Marissa Mayer’s Salary,” reports limited information and...
Incentive Plan Goal Setting
One of the biggest issues facing boards today is setting goals for incentive plans. How do companies find that balance between motivating executives, aligning with the company's strategic goals, and satisfying shareholders? This article by ClearBridge analyzed the goals for...
Here’s Why Executive Pay Gets a Bum Rap
We found this article and thought our readers might be interested in why executive pay gets a bad rap. The media typically looks at a total compensation number and reports it without the appropriate context, so it’s easy to understand why executive pay is often...
The “Buy Side” View on CEO Pay
This article is about executive compensation being highly controversial with most Americans feeling that CEO compensation among large publicly traded corporations is a problem. This article goes in depth to discuss how executive compensation practices have changed in the recent...
Return on Capital Grows in Popularity in LTI Plans
We came across a recent report that we thought would be interesting to our readers. With the debate growing on whether or not TSR measures are the best approach for performance-based long-term incentives, this study highlights and discusses some other metric alternatives and...
NFPCC’s Thoughts on “Excessive CEO Pay for Dumb Luck”
Interesting article. However, a few additional points to complete the compensation picture. One, there is no reference to actual pay received as tied to stock price performance. Rather, this is a reference to the summary compensation table. Added, the summary compensation table...
Interesting Article Gives Insight Into How Boards Should Self-Evaluate Performance
The following excerpt was taken from a Harvard Business Review article in March of 2017. How do you think boards should evaluate themselves? "The New York Stock Exchange requires that the boards of all publicly traded corporations conduct a self-evaluation at least annually to...