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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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Mercer

HR Lineup

Mercer is a leading global provider of consulting and outsourcing services in the area of compensation and benefits. They offer expert advice and solutions to help organizations attract, retain, and engage employees by designing and managing compensation programs. Another area of focus for Mercer is executive compensation.

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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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NYSE and Nasdaq File Amended Proposed Clawback-Related Listing Standards

Snell & Wilmer Benefits

As described in Part 4 of our 2022 end of year plan sponsor “to do” list , on October 26, 2022, the Securities and Exchange Commission published the final clawback rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”).