“Mergers and acquisitions (M&A) can create significant value for shareholders. Accordingly, bank executives should be rewarded when completing and integrating successful transactions. However, in today’s environment of heightened executive pay scrutiny, some approaches to providing additional compensation for M&A can result in criticism from shareholders and advisory firms such as Institutional Shareholder Services and Glass… Read more »
Category: Retaining Top Talent
“Board of Directors pay continues its upward trend according to a study published by Total Compensation Solutions (TCS). The Board compensation report shows increases of approximately 7 to 8 percent from last year for annual retainers for the Chairman, and Regular Board Members and an increase of 14.4% for Lead Director annual retainers.” Read the… Read more »
“Veteran director Sara Hays shares insights from her board’s successful CEO search. As chair of the board’s CEO search committee, what best practices can she offer? The search and selection of a CEO is among the board’s most important foundational duties. While sometimes boards are rushed to find a successor (due to an unexpected incident),… Read more »
Sandra Pace, Managing Partner, Steven Hall & Partners, and Michael Sherry, CECP, Consultant, Steven Hall & Partners, discuss why organizations may be struggling to maintain their incentive programs, emerging considerations, pitfalls, and best practices. View the video here.
“The problem with creating an incentive plan is that your employees just might do whatever you incentivize them to do. If you pay bonuses based solely on earnings growth, then you might not only get growth in earnings but also really bad loans that eventually sink the bank. If you don’t include the quality of… Read more »
“Some of the country’s best CEOs have had personal coaching, and that has contributed directly to their and the company’s success. No one is perfect, and we all benefit from one-on-one feedback, peer assessment, mentoring, and motivating coaches and trainers. Boards should see CEO coaching as a wise investment, and in the longer-term so old… Read more »
L&A Director, Kevin Kuschel, and Senior Consultant, Josh Whittaker, were recently quoted in an article entitled, “Job Openings Reflect Growing Confidence in Midstream Industry.”
Learn a little more about your employee dynamics and how motivation and rewards must be tailored for each generational group.
Savvy leaders know that there is no business without people. But sorting out the egos, budgets and pitfalls in an attempt to keep the best people “on the bus” challenges most leaders. How do we deal with the economic reality, deliver a heightened level of transparency and still make our companies look attractive? Dallas attorney,… Read more »
The amount CEOs are compensated will always be at the forefront of the pay-for-performance debate. However, it is the compensation design process that requires more consideration and disclosure. While there always will be skeptics to any approach to CEO compensation, there is no debating that good process, sound business judgment and independent third-party counsel provide the best foundation for CEO compensation plan design.