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Many economists predict a backwards J recovery, with indications that it will be the end of 2021 before we return to where the economy was at the start of 2020.
In the FTSE 100, approximately two-thirds of companies are using some form of ESG metric in their incentive plans with about 60% incorporating them in the annual plan and 10% pulling them into the long-term plan.
Join in on this virtual panel discussion and hear from Brian Lane as he speaks during NACD’s popular compensation forum panel discussion and Q&A with other leading compensation experts and your fellow directors.
Most businesses have lost revenue during the pandemic, whether the business has shut down completely or not. While compensation plans and incentives were likely approved before the rise of COVID-19, it may be necessary to adjust economic forecasts and incentive plans. Many CEOs and board members have announced the suspension or reduction of their salaries, but that isn’t where the bulk of compensation lies. How do you adjust incentives in the wake of an “act of God”?