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“You need to talk about your philosophy on pay structure and define the story around it,” said Beth Florin, CEO, Pearl Meyer. “There are going to be bumps in the road, but [pay] transparency needs to be more than showing a number.”
“A number of CEOs tell me that when they get promoted into that CEO role, one of the first questions their board has for them is, ‘OK, who’s going to be your replacement?'” said Jan Koors, senior managing director at Pearl Meyer.
“Employers are trying to ensure that they can be as appealing as possible to candidates,” said Bill Reilly, managing director at Pearl Meyer. “The dynamic has shifted for people to look more holistically at the entire employer experience.”
"Even though tech companies have made an effort to control costs in the second half of this year, many have also increased their employees' compensation in some form over the last six months, most often through equity grants," said Aalap Shah, managing director at Pearl Meyer.
“Communication will play a big part in companies’ clawback strategies because the plan applies to compensation from current or former executives that was paid during the three years before the time that a restatement was required,” said Deborah Lifshey, managing director, Pearl Meyer.