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EXECUTIVE COMPENSATION

HR Management Activities

Many organizations, especially large ones, administer executive compensation somewhat differently than compensation for lower-level employees. An executive typically is someone in the top two levels of an organization, such as Chief Executive Officer (CEO), President, or Senior Vice-President.

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M&A in your future? You need an Employee Benefits Audit.

CorpStrat

Review any and all TOP HAT or executive compensation programs, and be sure to address any unfunded liabilities or promises like bonus agreements. Prepare any desired s everance and retention bonuses and consider equity/phantom stock agreements that could help assure continuation for key people.

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“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.

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[Podcast]: Employee Retention Issues

Proskauer's Employee Benefits & Executive Compensa

David Teigman: Hello and welcome to The Proskauer Benefits Brief: Legal Insight on Employee Benefits and Executive Compensation. Nick LaSpina : One common approach right now is awarding retention bonuses. Are they really market compensation at this point in certain industries? David Teigman : That’s a fair point, Nick.

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

Proskauer's Employee Benefits & Executive Compensa

Compensation not considered “incentive-based compensation” for purposes of the Final Rules: salaries; purely discretionary bonuses; compensation tied to subjective or strategic performance standards (i.e., Notably: No exclusion for EGCs, SRCs, FPIs, controlled companies or companies with only listed debt securities.

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Preparing for the HR Certification Exams: Audio Style

UpstartHR

That has continued to mature and develop and now has 50+ tracks and several hours of content that ranges from technical to practical. I’ve referenced a few of the episodes from great HR podcasts like HCI and Xenium, and I’m also adding some of my shows from We’re Only Human to the mix.

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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

Many organizations aren’t in a position to retain their people, let alone stimulate feelings of financial security and solidarity with bonuses and rewards. Design a multi-pronged strategy to reduce labor costs versus relying on the more traditional approaches such as layoffs, hiring freezes, delaying bonuses, reduced hours and furloughs.