Total Rewards Briefs
Barrall, James D. C.
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On Governance: Why and How Companies Should Now Review Their Director Compensation Plans
June 27 | James D. C. Barrall, Senior Fellow in Residence, Lowell Milken Institute for Business Law and Policy, UCLA School of Law, ESG Center Fellow | Comments (0)Recent settlements in two cases appear to have been heavily influenced by the Investors Bancorp decision in ways that do not bode well for directors who determine their own compensation under shareholder-approved plans that do not limit their discretion to amounts that would not make it worthwhile for the plaintiffs’ lawyers to sue, or could be protected by the business judgment rule.
Burdick, Kenneth A.
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How Employers Can Help With Child Care
January 01 | Kenneth A. Burdick, CEO, WellCare Health Plans | Comments (0)Of the nearly 24 million U.S. children under the age of six, 15 million kids have parents who are participating in the labor force. This begs the question: Do working parents have access to affordable, high-quality child care?
Conway, Jennifer
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On Governance: New Year’s Resolutions for Director Compensation from Investors Bancorp Decision
February 07 | Jennifer Conway, Partner, Cravath, Swaine & Moore | Edmond T. FitzGerald, Partner, Davis Polk & Wardwell | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Comments (0)A recent decision by the Delaware Supreme Court raises a question as to whether a plan limit allowing board discretion to grant awards within general parameters will be sufficient to ensure business judgment deference, rather than an entire fairness review.
Devine, Marion
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Why Mental Health is a Talent Management Priority
November 18 | Marion Devine, Principal Researcher, Human Capital, Europe, The Conference Board | Comments (0)The current reality is that many organisations have moved ahead with well-being programs but are much more hesitant about developing their response to serious mental health issues. Ignoring this issue is no longer a viable option in a world of talent shortages and will only result in a waste or dismissal of the valuable talent provided by potentially up to a third of possible candidates for promotion and professional development. By engaging with this issue and believing they can make a positive
FitzGerald, Edmond T.
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On Governance: New Year’s Resolutions for Director Compensation from Investors Bancorp Decision
February 07 | Jennifer Conway, Partner, Cravath, Swaine & Moore | Edmond T. FitzGerald, Partner, Davis Polk & Wardwell | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Comments (0)A recent decision by the Delaware Supreme Court raises a question as to whether a plan limit allowing board discretion to grant awards within general parameters will be sufficient to ensure business judgment deference, rather than an entire fairness review.
Gavett , Gretchen
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The Factors That Lead to High CEO Pay
September 18 | Gretchen Gavett , Associate Editor, Harvard Business Review | Comments (0)No matter where you live, the difference between how much CEOs are paid and how much the average worker takes home is, well, big. Probably even bigger than most people think.
Kenny, Graham
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Making (a Little) Progress on CEO Pay
October 15 | Graham Kenny, Managing Director, Strategic Factors | Comments (0)Since companies can’t seem to solve the divisive problem of exorbitant CEO pay on their own, legislation may well turn out to be the best fix. Here’s how it’s starting to help in various parts of the world, though there’s still a lot of work to do.
Kohn, Arthur
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On Governance: Using Sustainability Metrics in Incentive Compensation Plans
February 15 | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Comments (0)Recent developments concerning corporate sustainability suggest that compensation committees of public company boards of directors, as well as human resources executives, should consider the use of metrics developed to measure sustainability in incentive compensation plans.
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On Governance: New Year’s Resolutions for Director Compensation from Investors Bancorp Decision
February 07 | Jennifer Conway, Partner, Cravath, Swaine & Moore | Edmond T. FitzGerald, Partner, Davis Polk & Wardwell | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Comments (0)A recent decision by the Delaware Supreme Court raises a question as to whether a plan limit allowing board discretion to grant awards within general parameters will be sufficient to ensure business judgment deference, rather than an entire fairness review.
Landry, John T.
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On Executive Pay, Simpler Is Better
February 13 | John T. Landry, Contributing Editor, Harvard Business Review | Comments (0)Michael Jensen wrote a landmark HBR article arguing that “It’s Not How Much You Pay CEOs, But How.” He wanted boards to adjust pay according to company performance as shown by stock price. V.G. Narayanan’s recent post in this debate goes a step further.