Aligning Long-term Incentives with Corporate Culture
by Tom Wilson One of Peter Drucker’s notable expression was: “Culture eats strategy for breakfast.” In fact, culture shapes behaviors, where plans and structures only attempt to influence them. Long-term incentives, compensation programs tied to a company’s future,...
Four Considerations in Making Short-term Incentive Plan Decisions Due to Covid-19
By Susan Malanowski Short-term incentive plans have a performance period of one year or less. The most common performance periods are annually and quarterly. For 2019 calendar year plans, the last quarterly or annual payment was made by March 15 of this year in order...
Covid-19 Exposes the Fallacy of Market Pay
by Larry Reissman Crisis in the Chinese language is made up of two characters: one for danger and the other for opportunity. We understand all too well the danger part of a crisis. Let’s look at the current Covid-19 crisis from an opportunity perspective....