A detailed look at changes to the advisory firm's analysis of compensation programs for the upcoming proxy season, including new standards for the selection and use of peer groups; new considerations for pay-for-performance alignment; and the consideration of realizable pay values. It updates our November 30, 2012 Client Alert with additional technical information, including:
- Updated Compensation Voting Guidelines and Technical Implementation
- Governance QuickScore: ISS replaced the GRId methodology used in prior years with a quantitatively-driven scorecard designed to identify governance risk in four categories, including compensation, and set a February 15 deadline for companies to confirm the information and data used in their QuickScore analysis.
- 2013 Burn Rates: The advisory firm's annual updates for Russell 3000 and Non-Russell 3000 companies, used in its voting recommendations on new or amended equity plans.