Searching California Law Could Be Tipping P on page 85

Some other changes that could last beyond the pandemic include: Revising the pay mix by increasing the base salary as a percentage of total cash, to attract talent, reduce anxiety/improve mental health, and protect talent from being poached by the competition, especially given the tight labor market across industries.

Despite statistics very similar to previous years in terms of average support, Willis Towers Watson (WTW) is observing an uptick in SoP failures, leading to a record year in that area: Source: WTW Global Executive Compensation Analysis Team analysis COVID-19 Pay Adjustments Drawing Heavy Scrutiny As a refresher, in early 2020, we saw proxy advisors put a spotlight on areas that could be negatively received, with a core notion that making executives whole at the expense of broader stakeholders would be problematic.

“By expanding the scope of these triggers, the SEC could potentially be turning ‘little r’ things to ‘Big R, ’ ” said Deb Lifshey , m anaging director at Pearl Meyer .

Better information about how much income their savings will produce in retirement and whether their retirement kitty is on track are among the top-ranked improvements employees say their employers could make (see Figure 1).

With the dot-com bust of 2000-2001 and the global financial crisis of 2008-2009, some countries adopted laws requiring firms’ CEO and CFO to sign off on the quality of the financials as stated in their filings (Sarbanes-Oxley Act of 2002 in the United States, for example).

These commitments could come in other forms, too: Volunteer efforts, religious interests, pets and hobbies all fall within the realm of “valued others.”

The column could be made more specific to note the type of plan: sales compensation, team award only or company bonus plan.

Higher paydays for interns could be part of a strategy by some employers to incentivize in-office work for college graduates set to enter the workforce.

“If a large portion is part time or key functions are being performed by part-time individuals, then retirement benefits could be a good investment.”

Azoulay, P., J.S.