L-Blast | March 2018
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 continues to unfold in the coming months.
That being said, we have an interesting NFPCC original article on CEO Pay Ratio and the media’s reactions to the first disclosures. This will be the first time the ratios will be extensively reported by the media and we can expect this to become another aspect of the ongoing debate around income inequality.
On another note, we have some very exciting news to share with you all. NFP Compensation Consulting has been recognized as one of 2018’s Best Companies to Work for in Texas for the 8th year in a row! To add to this excitement, our own Kevin Kuschel was named one of the Rising Stars of the Profession by Consulting® magazine. We are extremely proud of Kevin and our team as a whole for these amazing accomplishments.
Lastly, we would like to remind you that our Midstream and Upstream compensation surveys are launching April 1st. We encourage qualifying companies to participate and keep their compensation programs competitive in today’s market.
We appreciate each and every one of you. As always, let us know if there is a particular subject you’d like to learn more about.
The NFPCC Team
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 dislikes. But… when we’re doing news – when we’re doing the front-page news, not the back page, not the op-ed pages, but when we’re doing the daily news, covering politics – it is our duty to be sure that we do not permit our prejudices to show. That is simply basic journalism.”
NFPCC’s COO Kevin Kuschel Recognized as a “Rising Star of the Profession” by Consulting® Magazine
Our own Kevin Kuschel was one of 35 professionals to make the list honoring young up-and-comers in the consulting profession under the age of 35 who have distinguished themselves through extraordinary achievements. We are blessed to have Kevin as part of our leadership team here at NFPCC and applaud his hard work and dedication throughout the years.
2018 Midstream and Upstream Surveys Launch April 1st
Keep your compensation programs competitive by participating in NFPCC’s Midstream and Upstream Industry Compensation surveys and find out what it takes to attract, motivate and retain your teams. The surveys will provide current compensation trends as they relate to pay policies and practices, annual incentive measures and metrics, long-term incentive eligibility, vehicles and distributions, and new-hire and retention bonuses and grants.
Surveys are scheduled to launch April 1st and final survey results will be available only to participating organizations. You don’t want to miss out!
Click below to learn more about the surveys or contact Josh Whittaker at 281.378.1368
Contact NFPCC for Help with Your Proxy Statement
The deadline to disclose the CEO Pay Ratio in proxy statements is quickly approaching and NFPCC is here to help. Our internal experts have evaluated the rule, and understand the various alternatives available. Additionally, we are here to assist in developing your CD&A disclosures and can advise on what areas you should concentrate on when putting together your statement.
GET THE MOST OUT OF YOUR 2018 PROXY STATEMENT AND ANY SHAREHOLDER OUTREACH ENGAGEMENTS.
To download a copy of the L-Blast or see a PDF version click the link below: