GECN Global Insights July 2022 – Will 2021 Pay Trends Continue In 2022?
Full article: (c)2022 GECN Global Insights on Pay Trends July 2022
This short read provides collective insights from the GECN Group companies across the globe on how current developments may impact executive and other pay in 2022. While it notes that some pay trends from 2021 may be affected, it concludes that the ESG and related trends will not let up.
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Career opportunities at GECN
Various compensation and governance-related positions are available from time to time at GECN Group firms in NY, L.A., Sidney, Melbourne, London, Geneva, Zurich, Kyiv, Johannesburg, Cape Town, and Port Elizabeth.
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The Corona Virus: Implications for Performance Management and Compensation
As a global Group, the GECN is optimally positioned to help you, regardless of your location, to think through how the current situation should be dealt with from a performance management, talent management (including retention of key staff), and compensation perspective.
HR functions and Compensation Committees will want to start early in the year to consider various scenarios and ways to cope with the challenges. Among the considerations are:
- how any adjustments align with stakeholder expectations (including on the use of discretion)
- the implications of the current situation for variable pay funding
- strains on existing STI and LTI metrics
- executive and staff motivation
- what governance practices and parameters not to ignore in making any performance management or pay exceptions
In addition the services offered above, the GECN Group can assist your organization with rethinking pay strategy, recalibrations and pay cost models, or simply with expert insights on any changes to your pay plans you are considering.
Please use the contact tab to send us a message or call the GECN Group firm in your location. Look for updated information on COVID-19 and its impact on pay and corporate governance on the local GECN websites.
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July 11, 2022
– Will 2021 Pay Trends Continue In 2022?
This short read provides collective insights from the GECN Group companies across the globe on how current developments may impact executive and other pay in 2022. While it notes that some pay trends from 2021 may be affected, it concludes that the ESG and related trends will not let up.
July 2, 2019
Regulators around the world have exhorted companies to improve their “tone at the top”, as a requirement for governance. How can the right tone be set to avoid the pursuit of clawback provisions?