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[Podcast]: DOL’s 2022 Final ESG Rules

Proskauer's Employee Benefits & Executive Compensa

Listen to the podcast Tanusha Yarlagadda: Hello and welcome to The Proskauer Benefits Brief: Legal Insights on Employee Benefits and Executive Compensation. Ira, why don’t you start us off by giving us a 50,000 foot view of how these final rules compare to the Trump administration’s 2020 regulations on the same topic?

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Employers increase ESG measures in executive pay programmes

Employee Benefits

This is driven by the adoption of environmental and climate metrics, which has risen from 21% in 2020 to 56% in 2023. In Canada, this is due to employers adding environmental and climate metrics to their L-tips, while 70% in both countries include at least one human capital metric in their executive incentive plans.

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Practical Considerations for New Pay vs. Performance Disclosure Requirement

Proskauer's Employee Benefits & Executive Compensa

The SEC’s final rule on Pay Versus Performance becomes effective on October 8, 2022, and will require new executive compensation disclosures for the upcoming proxy season (for annual proxy statements that include executive compensation disclosure for fiscal years ending on or after December 16, 2022).

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Overpaid CEOs a Huge Red Flag for Company Stability, Shareholder Advocacy Group Says

HR Digest

More than half of shareholders rejected CEO pay packages at 16 companies last year, up from ten in 2020 and seven in 2019. GlobalData , a data analytics and consultancy company, said in January that the number of job advertisements for CEO, CHRO, and CFO posts increased by 35% in 2021 compared to 2020.

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Uber CEO believes company chiefs are grossly overpaid

HR Digest

According to a Times report, eight CEOs of big companies, including some tech giants, raked in over $100 million in salaries in 2020. In comparison, Khosrowshahi’s compensation seems very little. He himself made around $12 million in 2020 and more than $42 million in 2019, when you include stock bonuses.

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January 20, 2022 – ACA & Employee Benefits Compliance Webinar

InterWest Insurance Services

About your presenter: Stacy is a partner at Marathas Barrow Weatherhead Lent LLP, a boutique employee benefits, executive compensation and employment law firm located in Boston.

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In Case You Missed It – Summer 2021

Snell & Wilmer Benefits

CalCurrent Podcast and Equity Compensation for Startups. On May 13, 2021, Phoenix executive compensation and employee benefits partner, Greg Gautam, joined Snell & Wilmer’s “CalCurrent” podcast. Read More ›. Posted on June 11, 2021 by Greg Gautam. effective January 1, 2021 for plans with calendar year plan years).