May 25, 2017
Roundtable: Dealing With Pay When Laws Might Change
– Liz Dunshee
These days there’s a lot of uncertainty around executive compensation laws, particularly given recent events in DC. Recently, Equilar collected views from a group of folks about what to do. Here’s some themes:
– Given its administrative complications, continue preparing for compliance with the pay ratio rule
– Monitor efforts to repeal or revise Dodd-Frank mandates – and redirect internal & external resources as matters evolve
– Continue to focus on shareholder engagement & proxy messaging – legislative changes won’t eliminate public critique of excessive executive pay
– Comply with current requirements for comp plans – e.g. 409A – until any rule changes are actually made
– Don’t get distracted from long-term goals