Complying With the CEO Pay Ratio Disclosure Requirement
Download a pdf of this article » This Thoughtful Disclosure Alert is no longer current as it does not reflect the guidance issued by the Securities and Exchange Commission on September 21, 2017. An updated version of this Thoughtful Disclosure Alert, reflecting the September guidance, is available here [add link]. STARTING IN 2018, public companies will […]
The CEO Pay Ratio Rule: Determining Your Employee Population
Download a pdf of this article » This Thoughtful Disclosure Alert is no longer current as it does not reflect the guidance issued by the Securities and Exchange Commission on September 21, 2017. An updated version of this Thoughtful Disclosure Alert, reflecting the September guidance, is available here [add link]. STARTING IN 2018, public companies […]
The CEO Pay Ratio Rule: The Foreign Employee Exemptions
Download a pdf of this article » This Thoughtful Disclosure Alert is no longer current as it does not reflect the guidance issued by the Securities and Exchange Commission on September 21, 2017. An updated version of this Thoughtful Disclosure Alert, reflecting the September guidance, is available here [add link]. STARTING IN 2018, public companies […]
ISS Seeks Comment on New Equity Plan “Scorecard” Policy
Institutional Shareholder Services (“ISS”) is soliciting comment on a proposed new methodology for formulating its voting recommendations on equity compensation plans proposals, which will be implemented for the upcoming 2015 proxy season. This Thoughtful Pay Alert summarizes what we currently know about the pending new policy. Background For the past 12 months, ISS has been […]
ISS to Launch Updated Governance QuickScore 2.0 in February
On January 8, 2014, Institutional Shareholder Services (“ISS”), the prominent corporate governance advisory services firm, announced that it will soon launch Governance QuickScore 2.0, an updated version of its corporate governance risk assessment tool for Russell 3000 companies in the United States and certain companies in other countries. QuickScore 2.0 will reflect a revised methodology […]
ISS Updates Burn Rate Tables for 2014 Proxy Season
Earlier this month, Institutional Shareholder Services, the prominent corporate governance advisory services firm, updated its “burn rate” tables, which govern its voting recommendations on equity plan proposals. In recent years, burn rate levels have fluctuated significantly, making this an increasingly important area for technology and life sciences companies to monitor. Updated Burn Rate Tables Each […]
ISS Issues 2014 Policy Updates
Institutional Shareholder Services, the prominent corporate governance advisory services firm, has updated its U.S. corporate governance benchmark policy guidelines for 2014. Unlike prior years, this year’s updates cover only a handful of items, including two changes to the “pay for performance” methodology that ISS uses to evaluate the link between corporate financial performance and executive […]
ISS, Glass Lewis Issue Reminders about Updating Peer Group Ahead of 2014 Proxy Season
In advance of the 2014 proxy season, the two major proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Company, are reminding companies that they have the opportunity to notify each firm of changes to their compensation peer group that may be relevant to such firm’s analysis of their executive compensation program. This Thoughtful […]
Equilar Provides Opportunity to Update Peer Group Used in Glass-Lewis SOP Analysis
Earlier this year, Glass-Lewis & Co., Inc., the major proxy advisory firm, announced that, for purposes of its new “pay-for-performance” analysis, it would employ Equilar’s “market-based” approach (“Market Peers™”) to develop the peer group used in its analytical model. As you may recall, Equilar’s approach uses a company’s self-constructed compensation peer group and the peer […]
ISS Releases Guidance on Revised Peer Group Selection Methodology
As discussed in our recent Thoughtful Pay Alert on Institutional Shareholder Services’ updates to its U.S. corporate governance benchmark policy guidelines for 2013, ISS has revised its selection methodology for the peer group that it will use in assessing the alignment of a company’s executive compensation with corporate performance. One of these revisions gives greater […]