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.


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.


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.


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.