Showing 553-564 of 936 Results
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
Research Report
Quick Poll: How Coronavirus is Affecting Broad-Based Pay and Benefits
How more than 360 companies are managing the impact of the current pandemic to their broad workforce’s pay and benefits.
Pearl Meyer Publishes Recommendations and Outstanding Questions on Executive Compensation Provisions of the CARES Act
The firm has issued a client alert that outlines what is known so far about executive compensation and workforce provisions in the CARES Act, and outstanding questions to be addressed.
Offshore Drilling Membership Group Salary Surveys
Summary and membership requirements for the Offshore Drilling Surveys.
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.”
Client Alert
Economic Stimulus Laws in the Wake of Coronavirus
There may be substantial strings attached to the “CARES” Act, including restrictions on executive compensation and other workforce constraints.
Research Report
Will Coronavirus Affect Executive Base Salary Planning?
Data from the week of 3/23/2020 on how companies are approaching executive base salary adjustments in light of the pandemic.
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.
Advisor Blog
Do Boards Need a Temporary CEO Succession Plan?
Now is the time to think through and document your emergency/temporary succession plan, including compensation arrangements and disclosure.
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.