Executive Compensation: Cross Border Say On Pay

by Malak Kazan, CECP, CCP, CBP, GRP 25. March 2013 12:45
On March 3, the referendum for say-on-pay votes in Switzerland passed. Unlike the US non-binding, say-on-pay vote enacted in 2011, the shareholders in Switzerland will now have a binding vote, which essentially allows them to accept or reject the compensation recommendation of its current executive management team as well as prohibit sign-on bonuses and non-statutory severance for new hires and exiting executives respectively. [More]

New Reports on Charity CEO Salary Levels

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 22. March 2013 10:25

Some recent reports on compensation may provide insight on market levels, but may not be enough to determine appropriate compensation for nonprofit executives.

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Stock Ownership Guideline for Apple CEO

by Malak Kazan, CECP, CCP, CBP, GRP 5. March 2013 11:23

According to the recent drop in stock price and slowed growth, Apple stakeholders looked to improve pay-for-performance alignment by establishing stock ownership guidelines for the CEO and non-employee directors.

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New York State Limits Nonprofit Executive Pay to $199,000

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 4. March 2013 10:54

Even if the IRS doesn’t think nonprofit executives are paid too much, New York State has a strong opinion on what they should be paid, if they are receiving state funds.

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Are Boards Required to Maximize Tax Deduction When Deciding a CEO’s Compensation?

by Malak Kazan, CECP, CCP, CBP, GRP 18. January 2013 14:06

In a recent case, Freedman vs. Adams, a shareholder filed a claim alleging the Board paid out $130M in discretionary bonuses without consideration to maximizing tax deduction, according to IRC 162(m), specifically referring to a provision that deems performance-based compensation qualifies for a full deduction in the compensation expense.

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