Current Trends in Executive Compensation in Cannabis: Trulieve Cannabis Corp.

Fred WhittleseyCannabis Compensation Consultants, Conscious Compensation: The Impact Compensation Blog, Pay and Performance: The Compensation Blog

Fred WhittleseyCannabis Compensation ConsultantsT I reside in the US, in the State of Washington where cannabis is legal. Vertical integration is prohibited, but it’s a start. We, of course, are neighbors with Canada where the legal status of cannabis is quite different and there is a lot of complexity about where companies are headquartered, the subsidiaries they have and where … Read More

Executive Pay: What is Not Said

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

“You have to listen to not only what is being said, but what is not said — which is often more important than what they say.” Kofi AnnanThere may be daily updates on this issue because I am reading, daily, misreporting of executive pay. This time, it’s the Washington Post and it’s about what was not said. Capital One Chief … Read More

Pay Granted, Earned, and Paid: Bubble, Bubble Toil and Trouble?

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

The actual line from Macbeth was, of course, “Double, double toil and trouble.” Factual documented information often gets twisted into a widespread misunderstanding. And so we have executive pay.For the past twenty or more years the media have reported executive pay as a “story” worth covering. This has escalated over the past few years as the topic has moved from … Read More

Executive Pay: Complex or Complicated? (Redux)

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

Principal Consultant, Compensation Venture Group, Inc. Fellow, Salary.com, Inc.This entry updates a previous blog item from June 2006 I was once in a Board of Directors meeting in which one director said the compensation plan I proposed was complicated and his fellow director corrected him saying that it was not complicated, just complex. Merriam-Webster helps us with this distinction:Main Entry: … Read More

Corporate Governance and Executive Pay Across the Pond

Fred WhittleseyPay and Performance: The Compensation Blog

My monthly interview session for Keeping Up!, the podcast series sponsored by the Global Equity Organization, focused this time on the differences between corporate governance-based approaches to dealing with the executive and equity pay issues of the day. The Association of British Insurers (ABI) gave me a little Christmas present by releasing “Executive Remuneration – ABI Guidelines on Policies and … Read More

The New Return on Investment of Executive Pay

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

In May 2006, I presented at WorldatWork’s Annual Conference a session titled “The Real Meaning of Return Of Investment…for HR Professionals.” It was a financially-oriented look at how HR folks need to present their ideas – in dollars, just like the other areas of the business organization. I was thrilled to learn that it was named “Best of Conference” (though … Read More

The Myth of the Average Worker Pay Ratio

Fred WhittleseyConscious Compensation: The Impact Compensation Blog, Pay and Performance: The Compensation Blog0 Comments

Are CEOs overpaid? Many people think so. If so, many potential causes have been identified: CEOs with too much power, inattentive boards of directors, conflicts of interest by compensation consultants, the use of stock options – the list goes on. Depending on the source, the average CEO in 2005 was paid $10 million to $15 million dollars. This calculation usually … Read More

Lots of Zeroes

Fred WhittleseyPay and Performance: The Compensation Blog0 Comments

It’s shareholder meeting season, and hundreds of companies released their information in proxy statements on executive pay. Many executives made tens, even hundreds, of millions of dollars last year, as the media like to count it, leading to continued concerns about excessive executive pay.Remember the caveat in my recent blog about how the media counts these numbers. A lot of … Read More