The Top Five Elements of a Strong Severance Pay Policy

This is a summary of the severance section of the full 2017 Severance and Paid-Time Off: Results from the Special Survey. Forty-five companies from a variety of industries including Technology, Manufacturing, Healthcare, Education, Financial Services, Retail and more...

Long-term Incentives for Private Companies: Do you need them?

Long-term incentives (LTI), including stock options, restricted stock, have long been a key element of total compensation plans in public companies. The principle difference between LTI plans in public versus private companies is that the funding for these long term...

When the CEO Becomes Only the Chairman

At some point in time a company’s leadership changes.  The individual serving as CEO and Chairman relinquishes the CEO role and passes this on to the next generation, but he or she remains as the Chairman of the Board.  Since this individual is no longer an employee...