The Gender Pay Gap Solution

Fred WhittleseyConscious Compensation: The Impact Compensation Blog, Pay and Performance: The Compensation Blog

01-April-2015 There has been a proliferation of stories in the media about the so-called “gender pay gap” – a label for the observation that a given sample of male workers receives more annual salary and wages than a given sample of female workers. This has gone beyond the business media and become a pop culture topic. Here’s a recap of … Read More

Special Dividend Tactics, TSR Model, and CEO Pay – Isn’t That Special

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

What do Costco, Oracle, Tellabs, Whole Foods Markets, Las Vegas Sands, Movado and National Beverage have in common?  They don’t make a very good peer group given their disparate GICS codes.They are pursuing a tax-driven (and somewhat political) tactic in the name of “returning capital to shareholders” that may come back to bite them, or their peer companies, when it’s … Read More

What I Say on Say-on-Pay Will Pay, I’d Say

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

OK, maybe I read a few too many Dr. Seuss books to the three little ones over the past 10 years.As we enter what will be an extremely busy November-December executive and equity compensation season, one theme will dominate:  say-on-pay.  This is not just an executive compensation topic. It has impact on every equity compensation plan and professional.  I’ve had … Read More

33 Reasons That Your Company’s Say-on-Pay Vote Might Go Sub-50% in 2013

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

News of companies that failed their say-on-pay vote is in the headlines almost daily this time of year.  What don’t make the headlines are stories of the companies that barely passed (in the 50% to 70% range) or that passed but plummeted from their 2011 approval levels.  Many in the former category last year failed this year.  Many in the … Read More

Bullet Proof Vest (ing) in the Current Compensation Governance Environment

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

“And it seems these days that everybody wears a bullet-proof vest” – Colbie Caillat,”Bullet Proof Vest“In the current compensation governance environment, many (perhaps most) companies are seeking the bullet-proof vest to fend off criticisms of proxy advisers and institutional shareholders in the say-on-pay process.One of the key components of the bullet-proof vest strategy is…the vesting schedule – and this is … Read More

Executive Compensation Controversy: What it Means for Equity Compensation in 2012

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

As we approach the 2012 proxy season – the months of March, April, and May when about 70% of public companies file their proxies for this year’s shareholder meeting – we provide an update on a number of significant developments. Over the past few months, a series of changes in proxy adviser policy, regulatory timelines, media coverage, and the political … Read More

Another CEO Pay Cut That Isn’t

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

I understand that stock options are difficult to understand.  And I understand that some journalists seem to have a keen interest in reporting how “overpaid” CEOs are, and others a similar interest in gleefully reporting that a CEO took a “pay cut.”The problem is, CEOs rarely have their compensation reduced through a direct action by the Compensation Committee of the … Read More

Human Capital Considerations – A Must Role For Compensation Committee

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

I was thrilled to be invited to co-author a piece with David Creelman (Canada) and Andrew Lambert (UK) of Creelman Lambert as we collectively continue to explore how to improve the linkage between Board-level governance processes and the necessary focus on human capital.Our key point is this: What’s the solution? There are three things we need: a committee with a … Read More