L-Blast | December 2018
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 NFPCCmp;A are very grateful for another great year and for all of you. We look forward to the new challenges and opportunities the new year will bring.
In this last L-Blast edition of 2018 we have some great pieces to share with you. The first article is an NFPCCmp;A original on the complex topic of Pay-for-Performance. In this piece we highlight some of the key components to consider when crafting compensation plans that help incentivize improved performance.
The second article features some of the key findings of The Conference Board’s “CEO and Executive Compensation Practices: 2018 Edition” report. It highlights developing trends in the changing landscape of senior management compensation including LTIs, say-on-pay and CEO pay ratio.
Our last piece from the American Institute of CPA’s (AICPA) details their response to the IRS and the Department of Treasury requesting guidance regarding Notice 2018-68 under the Tax Cuts and Jobs Act as it relates to executive compensation and IRC 162(m).
We hope you enjoy the reads and find these articles helpful. Once again, Happy Holidays from all of us at NFPCCmp;A and as always, let us know if there is a particular subject you’d like to learn more about.
Brent Longnecker and the NFPCCmp;A Team
Chairman and CEO
Longnecker & Associates
Not Just a Public Company Phrase
Everyone talks about it, but no one seems to know how to perfectly achieve it … pay-for-performance. We see it everywhere, on the sports fields and in the boardroom, everyone wants to correlate pay with performance. This desire has led to the continual search for the newest and best methods to achieve perfect correlation, yet still, none have found it. Likely because perfect doesn’t exist. Regardless, and although possibly futile, it remains important the effort is made and strides taken to develop pay programs that, at the very least, incentivize toward improved performance.
AICPA Comments on Treasury and IRS Guidance Regarding Executive Compensation
The American Institute of CPAs (AICPA) has written the U.S. Department of the Treasury and the Internal Revenue Service (IRS) with recommendations about the guidance in Notice 2018-68, which was issued to comply with the changes made by the Tax Cuts and Jobs Act (TCJA) relating to …
A Little Trivia… Did You Know?
The story of Rudolph the Red-Nosed Reindeer was first created in 1939 as a promotion for the department store Montgomery Ward and was later recorded as a song in 1949 by Gene Autry that became a Christmas classic.
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