article thumbnail

Why More Companies Are Linking CEO Pay To ESG

McDermott Will & Emery Employee Benefits

An important new governance survey suggests an increasing willingness to consider linking a company’s ESG performance measures to executive incentive compensation. But implementing such measures may present boards and their compensation committees with practical implementation challenges.

article thumbnail

“Clawback Comeback”: DOJ’s New Focus on Clawbacks to Prevent Corporate Crime

Proskauer's Employee Benefits & Executive Compensa

This new focus on “clawbacks” is intended to give general counsels and chief compliance officers the tools to implement “responsible corporate behavior” and to foster a corporate culture that both deters and punishes risky (and possibly criminal) behavior by top executives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Updated Glass Lewis Proxy Voting Guidelines (Clawbacks)

Snell & Wilmer Benefits

It is still too early to tell exactly how Glass Lewis will evaluate clawback policies that only satisfy the minimum legal requirements of the listing standards, but this new guidance seems to suggest that Glass Lewis may raise concerns with such policies.

article thumbnail

Performance Appraisal & Rewards in Response to COVID-19

HR Digest

Designing incentive compensation structure as a response to the COVID-19 pandemic. Many organizations are opting for a playing a waiting game before taking significant action in executive compensation. Identify and determine compensation policies best suited for the salesforce. Reviewing work from home policies.

article thumbnail

Long Time Coming: SEC Adopts Final Dodd-Frank Clawback Rules

Proskauer's Employee Benefits & Executive Compensa

The Final Rules task national securities exchanges (“exchanges”) with adopting formal listing standards that, in turn, require publicly listed companies to establish compensation clawback policies that meet the standards prescribed in the Final Rules.

article thumbnail

Shaping Performance & Rewards in Response to COVID-19

HR Digest

Designing incentive compensation structure as a response to the COVID-19 pandemic. Many organizations are opting for a playing a waiting game before taking significant action in executive compensation. Identify and determine compensation policies best suited for the salesforce. Reviewing work from home policies.

article thumbnail

Option Grant Practices: A Trap for the Unwary – Spring-Loading and Bullet-Dodging

Proskauer's Employee Benefits & Executive Compensa

A potentially overlooked but important issue that public companies should have in mind when granting option or option-like awards is avoiding the unintentional appearance of “spring-loading” and “bullet-dodging,” both of which have been a recent focus of the SEC and shareholders and viewed as potentially poor corporate governance practices.