Compensation


SayOnPay

A critical look at pandemic-related executive compensation changes

2021-02-17T15:05:00+00:00By

With 2021 proxy season underway, a new analysis by Compensation Advisory Partners reveals what impact proxy advisory firm Institutional Shareholder Services will have on say-on-pay concerning executive compensation actions made in response to the pandemic.

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Murphy Oil, Marathon Oil ESG incentives a positive step for oil industry

2021-02-16T20:44:00+00:00By

The willingness of Murphy Oil and Marathon Oil to adjust their executive compensation frameworks, in part, to better align with their environmental targets is a rarity in the oil and gas industry and deserving of credit, writes Jaclyn Jaeger.

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Video: Wirecard’s failings back in spotlight

2021-02-11T21:40:00+00:00By Compliance Week

Jaclyn Jaeger lauds two oil companies for raising the bar on ESG commitment in the industry, while Dave Lefort assesses new developments in the Wirecard saga that point to greater failures in the firm’s internal controls.

woods

Goldman Sachs 1MDB fallout a case study for bonus risks

2021-02-03T20:05:00+00:00By

As Goldman Sachs cuts the pay of its top executives in response to more than $5 billion in penalties incurred for the 1MDB scandal, Martin Woods once again ponders whether bonuses helped facilitate the improper conduct that took place.

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Compensation or compromise? The risks of compliance bonuses

2021-01-06T22:03:00+00:00By

Financial crime expert Martin Woods assesses whether incentivizing compliance officers with bonuses may undermine the importance of performing the job with integrity and credibility.

askamii

What’s your worth? Succeeding in compliance pay negotiations

2020-12-29T19:00:00+00:00By

Whether you are asking for a pay raise in your current role or negotiating compensation in a new role, executive coach Amii Barnard-Bahn offers tips to help ensure you are paid equitably for the work you do and value you bring to your organization.

ESGReporting

Poll: More companies linking ESG initiatives to executive incentive plans

2020-12-17T17:02:00+00:00By

Current events have significantly accelerated the need for companies around the world to link ESG initiatives to their executive incentive plans, according to a recent poll conducted by Willis Towers Watson.

Goldman Sachs

Goldman board demands accountability with widespread 1MDB clawbacks

2020-10-28T14:58:00+00:00By

The board of directors at Goldman Sachs Group will attempt to claw back approximately $174 million from a dozen current and former executives—one of the largest clawback attempts ever—in the aftermath of the 1MDB scandal.

Female vs. male salaries 2020

Salary data: Women getting CCO opportunities, but pay disparity pervades

2020-09-30T18:03:00+01:00By

A crunching of numbers from our “Inside the Mind of the CCO” survey showed the same gender pay disparity that pervades corporate America also exists in compliance.

Employee compensation

Report: Median general counsel salary rises again, to $2.6 million

2020-09-17T16:18:00+01:00By

General counsel compensation is steadily on the rise, according to the latest in-house counsel compensation report by Equilar and executive search firm BarkerGilmore. Inside, we also explore what companies seek in a general counsel.

SECcrop

Argo Group to pay $900K for failing to fully disclose CEO perks

2020-06-05T14:43:00+01:00By

Argo Group International Holdings must pay a $900,000 civil penalty in a settlement reached with the SEC to resolve charges that it failed to fully disclose perquisites and benefits provided to its former chief executive officer.

DangledCarrot

Analysis: When a bonus becomes less incentive, and more compromise

2020-06-02T16:17:00+01:00By

Financial crime expert Martin Woods explores what happens when the annual bonus causes employees to disregard their values for want of a dollar.

Shareholder guidance

Glass Lewis and ISS issue new policy guidance on impacts of the coronavirus

2020-04-10T16:00:00+01:00By

Glass Lewis and Institutional Shareholder Services both issued new policy guidance this week on how they intend to approach a variety of matters around the coronavirus pandemic, including executive compensation.

MoneyScattered

Survey: Coronavirus has companies scattered with exec pay packages

2020-04-08T19:29:00+01:00By

Results from executive compensation consulting firm Pearl Meyer’s recent survey show that companies are all over the place with how they intend to treat executive compensation during the coronavirus pandemic.

Money laundering

Study: Europe blows U.S. away in financial crime spending

2020-04-07T14:44:00+01:00By

A new report found financial institutions spent $181 billion on financial crime compliance worldwide last year, with European firms spending three to four times more than their counterparts in North America.

Pay cuts

Executive pay cuts a growing trend during coronavirus

2020-03-27T16:45:00+00:00By

Hundreds of companies around the world have announced drastic cuts to the salaries of their senior executives as one way to reduce the unprecedented financial blow caused by the coronavirus pandemic.

askamii

Ask Amii mailbag: Your reputation, employee relations, and more

2020-03-11T16:34:00+00:00By

The latest edition of the Ask Amii mailbag answers queries on how to protect your reputation when your leaders break the rules; Amii also shares her perspective from the trenches on toiling as the ethical employee.