Showing 157-168 of 176 Results
Benefits Pro
Companies Remaining “Flexible” on Furloughs and Pay Cuts in the Midst of COVID-19
“This pandemic impacts industry sectors differently, and its effect on pay and workforce decisions vary as well,” said Jim Hudner, managing director at Pearl Meyer.
Bloomberg Law
CEOs Taking Government Aid Could See Million-Dollar Pay Cut
“There was a lot of finger pointing after the 2008 financial meltdown,” Deb Lifshey of Pearl Meyer said, “but it’s hard to assign blame for a virus.”
Compliance Week
Coronavirus has Companies Scattered with Exec Pay Packages
“While the longer-term impact of COVID-19 on the economy is unclear, companies are beginning to inventory the impact and are considering a range of people actions to ensure they can effectively navigate this massive disruption,” said Brett Herand, principal at Pearl Meyer
Agenda
Investors May Accept Discretionary Bonuses “Within Bounds”
Peter Lupo, senior managing director and Atlantic region head said, “Discussions [about 2020 executive pay goals] will take place when comp committees convene for their regularly scheduled meeting to discuss goals around mid-year, but depending on the severity of issues, they could choose to have a special meeting.”
Compliance Week
Executive Pay Cuts a Growing Trend During Coronavirus
Preliminary results from a Pearl Meyer survey found more than half of companies among its 300-plus respondents have adjusted executive salaries in 2020.
World at Work
Organizations Are Tracking How COVID-19 Could Impact Exec Pay Practices
“Boards are laser-focused on the impact of COVID-19 on annual and long-term incentive plans,” said Peter Lupo, senior managing director and Atlantic region head at Pearl Meyer.
Agenda
Best Practices for Virtual Board Meetings
A survey of board directors by compensation consulting firm Pearl Meyer conducted between March 10 and March 16 found that 36% of the 233 respondents had already discussed the financial impact of the pandemic with their board, while another 59% said it would be on the agenda at their next meeting.
Modern Healthcare
HCA Healthcare CEO Made $27 Million in First Year
“So many variables affect companies' CEO pay ratios that it's not useful to compare them within industries, company by company, or even year over year,” said Deborah Lifshey, managing director, Pearl Meyer.
Agenda
Proxy Advisor’s New Peers to Purge “Groupthink”
“If Glass Lewis’s peer group is different than the one your company uses, that doesn’t automatically put you in a worse position,” said Managing Director Deb Lifshey.
CNN.com
Why CEOs Are Paid So Much
“Boards looking outside for a CEO will want a proven commodity and that will cost them more because an experienced CEO will want to be paid above the average,” said David Swinford, CEO of Pearl Meyer.
Agenda
Proxy Firms “On Notice” Over Errors
“This [SEC] guidance puts proxy firms on notice that they have to get it right and be more transparent,” said Deborah Lifshey, managing director, Pearl Meyer.
Crain’s Detroit Business
Non-Profits Step Up Incentive Pay to Stay Competitive
“In order to be competitive in the market and attract and retain the talent needed to achieve [the non-profit’s] mission, you need to have some kind of performance pay,” said Tim Dupuis.