Latest Insights & Industry Trends

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....

We are excited to announce our rebrand as NFP’s Compensation Consulting practice is complete! Our integration with NFP allows us to expand our capabilities and create new paths for collaboration that elevate value for our current and future clients. While things have...

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...

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...

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...

In this month's L-Blast, we turn our attention to a topic that is quickly becoming top of mind for many companies and has gained quite a bit of media attention over the past few months. We are talking about a phenomenon we've come to know as The Great Resignation. What...

The Colorado Banker's Association is hosting this webinar in partnership with NFPCC. The webinar will provide some background information on pay equity legislation and an overview of the new Colorado law. We will also discuss how organizations can achieve compliance and ways to...

The Changing Boardroom Our partners at NACD work with hundreds of boards and provide us with valuable insights into the challenges all directors are facing. In this infographic, NACD highlights last year’s most notable trends and a look into what boards can expect for...

We recently closed our annual Energy Pay Pulse Survey and are releasing the full report to participants this month. Exclusive to NFPCC, the survey concisely and powerfully assesses market trends for companies in the energy sector. The survey is designed for organizations...

"Corporate boards across industry sectors should begin preparing for one-of-a-kind decisions regarding possible employee COVID-19 vaccination mandates and related verification efforts. Recent interest in company mandates arises from two critical but competing factors. One is...

After the US presidential election and looking ahead to a new year, most companies are still wondering when the world will return to normal. News that a COVID-19 vaccine may soon be publicly available—both Pfizer and Moderna announced in November that their respective...

"As a chaotic year comes to a close, questions loom as to how the health and humanitarian crises will shape corporate governance in the year ahead—especially as dust begins to settle and companies focus less on crisis response and more on recovery. To help directors frame how...

The 2021 executive compensation season will be more challenging than usual for most companies due to the financial and economic consequences of the COVID-19 pandemic. To meet these challenges, companies should be aware of several key issues relating to executive compensation as...

This is an interesting article from Forbes – ESG issues continue to be top of mind and something our clients constantly ask us about. This piece highlights important trends on why now is the time for climate action in America’s corporate...

In all businesses, the single largest asset and investment are the people. As any company leader knows, the biggest cost of doing business is most oftentimes the cost of labor; inclusive of wages, benefits, payroll, or other related taxes. This investment of organizational...

This NACD article provides some great points for public company boards to consider as ESG (Environmental, Social, and Governance) factors continue to take center stage and more and more companies report on these...

The concept of operational risk applies to all industries, and the COVID-19 pandemic has proven to be an object lesson on how severe operational risk can be. What is the board’s role in overseeing operational resilience post-pandemic? This NACD BoardTalk article offers...

"Annual incentive plans are an important tool that companies use to tie compensation outcomes to company performance. Setting the right goals with the right degree of difficulty or “stretch” is the key to ensuring that payouts are appropriate relative to performance. In...

Survey shows managers forecast higher salaries for the next 12 months. "Finance executives are increasingly worried about salary and benefit costs as they scrutinize company expenses amid the ongoing coronavirus pandemic, according to a third-quarter survey of about 1,070...

We have recently completed and released the results for our 2020 Midstream and Upstream Industry Compensation Surveys. Once again, this year's surveys revealed interesting findings in these sectors. Below are some of the key takeaways from each survey. Midstream Survey »...

Human Resources is always so key in EVERY organization. It is the “Corporate Conscience” and should always act as such. Enron ran into a similar issue decades ago, where HR turned a “blind eye.”  Let’s hope this is not the case here, with McDonald’s. The...

About the Company Recently, NFP Compensation Consulting was engaged by a Fortune 500 telecommunications company for a project based on the compensation payable to the executive team through a restructuring. The noteholders believed the compensation recommended by the debtor...

In this article from The National Law Review, key issues are highlighted relating to the IRS recently Proposed Regulations under code Section 4960, enacted as part of the 2017 Tax Cuts and Jobs Act which imposes a 21% excise tax on compensation exceeding $1 million for...

Many industry challenges are causing companies to problem-solve and react to stressed conditions following the COVID-19 outbreak. Boards and management teams may be faced with the need to restructure performance goals for 2020, modify the mix of equity awards, and find ways to...

The COVID-19 pandemic continues to inflict economic costs on companies across sectors of the economy. For affected companies with compensation programs that are significantly performance-based, motivating and retaining executive talent when incentive performance targets become...

With restored staffing levels and an increased budget, the SEC is well positioned for a busy proxy season in 2020. In this article by Broadridge, the major areas of change and the trends that are likely to affect public companies this year are reviewed. CLICK HERE TO VIEW...

Our partners at NACD (National Association of Corporate Directors) have just revealed results from their COVID-19 survey, in which more than 300 directors participated. The survey provides valuable insights regarding trends and governance challenges directors are expecting to...

We stand firmly against racism and the inhumane death of George Floyd. Racial injustice cannot be ignored and business leaders have the power and platform to lead change. Meaningful action must be taken to promote, encourage, and support justice and equality for all. This...

NACD BoardTalk | COVID-19: SEC Filings Are a Communication Platform A recent NACD poll on board responses to the COVID-19 crisis found that only 34 percent of boards at the time the survey was conducted in mid-March had reviewed their company’s external communications...

“This is a stealth bailout for the oil and gas industry,” said Jesse Coleman, a senior researcher with Documented, a watchdog group tracking the tax claims. It’s geared to companies “that have been losing money over the last few years -- and now they get that money back...

The SEC no longer plans to require proxy advisers to submit their voting recommendations to companies for checking before distributing them to investors ahead of shareholder meetings. This is an interesting update given Glass Lewis’ recent change in its model. Click here to...

As we move into the heart of proxy season, Glass Lewis and Institutional Shareholder Services (ISS) have issued and updated guidance as to how they will adjust their voting policies to account for actions taken by public companies in response to the coronavirus (COVID-19)...

As many of us settle into what has become a new normal, businesses are feeling the wave of negative effects the Coronavirus (COVID-19) has brought to the American economy and are desperately trying to navigate the challenges brought forth by this crisis. For many it has meant...

As was reported last week, the federal government reached an agreement with carrier airlines that will provide much needed funds that will aid the collapsing industry. Similar to the CARES Act, these funds come with strings attached, including caps on executive compensation...

This piece came out right before Good Friday and was almost immediately eclipsed by the OPEC++ discussions and subsequent production curtailment. While hurdles remain on the regulatory front, we found this to be a very interesting development for the human capital market...

“Glass Lewis gives companies the last word.” We thought about coming up with our own catchy phrase to summarize and lead into the below update from Glass Lewis, but felt Glass Lewis’ own phrasing captured it perfectly. In our view, this is a step in the right direction...

Please note we have implemented work-from-home plans for our offices. Standard operating hours remain in effect. Your primary contacts remain the same and are reachable by email and phone on their direct lines. Our main number is also functional and your calls will be...

As the world continues its efforts to respond to COVID-19, companies are in constant review of their strategic plans to ensure they effectively navigate the delicate exercise of balancing internal and external stakeholder interests. To aid this effort, NFPCC developed this...

Most Americans are starting to feel the waves of changes the Coronavirus (COVID-19) has brought to the economy. With concerns over unemployment, loan defaults, and failing businesses the U.S Senate passed the country’s largest one-time spending bill known as the Coronavirus...

As the world continues its efforts to respond to COVID-19, companies are in constant review of their strategic plans to ensure they effectively navigate the delicate exercise of balancing internal and external stakeholder interests. To aid this effort, NFPCC has developed a...

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 direct...

NFPCC Senior Director, Ian Keas, will be presenting at the Colorado Nonprofit Day Conference on Friday, March 20th. In his presentation titled “Compensation: Why It’s Important to Get It Right,” he will share valuable insights specific to the nonprofit sector...

Our Mountain States Practice Leader, Ian Keas, was recently quoted in a Reuters article entitled, "Musk Nears $346 Million Payday as Tesla Market Value Soars." “This is the very definition of pay for performance. But is he the only individual that could serve in that seat...

NFPCC notes that the direct impact ISS is having continues to be relatively unchanged in 2019. However, going forward into 2020 with new policy changes in place and the rise in shareholder activism, NFPCC believes ISS and institutional investors alike will continue to increase...

NFP Compensation Consulting was recently named one of the 2020 Best Companies to Work for in Texas for an unprecedented tenth consecutive year. The awards program was created in 2006 and is a project of Texas Monthly, the Texas Association of Business (TAB), Texas SHRM and Best...

NFP Compensation Consulting was named one of the Fastest Growing Firms by ALM's Consulting® magazine for the third year in a row (press release here). The award is a global recognition of the industry's top movers and shakers in terms of revenue and growth between 2015 and...

Institutional Shareholder Services Inc. is pushing back against changes to the regulatory regime for proxy advisers with a new lawsuit challenging what it calls “unlawful” guidance from the Securities and Exchange Commission....

One of our managers, Daniel Wilson, was quoted in a recent Bloomberg article entitled, "Tallgrass Energy Blames Sellers for All the...

SailingStone Capital Partners recently shared a memo» outlining key changes to their proxy voting guidelines relating to governance and incentive compensation practices. Below we share our thoughts on each of the changes they will implement in the 2020 proxy...

Recently, some of the team at NFPCC was afforded a great opportunity to participate in TPH’s Energy Roundtable discussion with multiple constituents involved in the corporate governance landscape within the industry. TPH (Tudor, Pickering, Holt & Co.) is an...