Energy Industry Long-Term Incentive Pulse Survey

L&A conducted a pulse survey for the energy industry regarding long-term incentives with 55 participants.  This was the first of a two part survey that is designed to fill a gap in available compensation surveys for long-term incentive data.  L&A will be conducting the second part of the survey beginning in April.  Please contact us… Read more »

L&A’s Chris Crawford on NPR Morning Edition

Our own Chris Crawford, Executive Director and Co-Owner, on NPR Morning Edition discussing the fear of an age gap in talent for the Energy Industry. Courtesy of KUHF.

Executive Pay Topics for 2011 Proxy | March 2011

The increased scrutiny of executive compensation, resulting from both recently passed and pending legislation, as well as shareholder advisory group policies, will require regular updates to public company’s Compensation Committees. Although there are many issues that will come about in the near future, we have identified the following topics in regard to executive compensation that… Read more »

Comparator vs. Competitor: The Importance of Distinction for Executive Compensation

Choosing a compensation peer group can be an intense process.  Companies often use peer groups to assess and maintain competitive compensation levels, identify potential competitors, assess relative performance, and defend compensation decisions.   Therefore, the importance of creating the right group cannot be overstated.  In fact, creating the wrong peer group not only creates the perception… Read more »

Say on Pay is Coming to Life

L&A has been keeping a close eye on all of the regulations regarding Say on Pay (“SOP”), Say on Frequency (“SOF”), and Say on Golden Parachutes (“SOGP”). On January 25, 2011, the SEC (in a 3-2 vote) officially passed requirements for additional disclosure effective immediately. After reading over the SEC’s 150 page legislation, we have… Read more »

Nonprofits & Universities in the Crosshairs Of The IRS: A Brief History

by Justin Platt 2008 & 2009: Nonprofits Become a Target Internal Revenue Service agents were quoted in the press saying, “If you are not reviewing executive compensation, we are.” This statement was further supported by changes in IRS Form 990 for tax-exempt organizations.  The IRS Form 990 that most tax-exempts file was dramatically revised on… Read more »

Heads I Win, Tails You Lose: The Destructiveness of Double Standards

by Brent M. Longnecker & Chris S. Crawford Is anyone else out there getting sick and tired of how – for the last several years – it seems like politicians of both parties are enjoying slamming Corporate America ad nauseum? To some extent, additional oversight was brought on by poor business practices; therefore, increased governance… Read more »

Dodd – Frank Act(ion) Items

We recently had one of our clients audited by the IRS w/ respect to their annual bonus plan. Not surprisingly, when we as a country are running a large deficit, the IRS will be looking for ways to bring in more revenue. What we have discovered is that the IRS is dramatically revising its position… Read more »

Golden Parachutes Under Fire: Provisions, Triggers, Benefits and Alternatives of a Change-in-Control

By Brent Longnecker, Chris Crawford & Kevin Kuschel Change-in-control (“CIC”) provisions for public company executives have re-emerged on radar screens of shareholder activists and regulators due to recent executive pay legislations, such as December 16, 2009, increased Securities and Exchange Commission (“SEC”) disclosures and Troubled Asset Relief Program (“TARP”) regulations.  These have intensified the need… Read more »

Motivating a Multigenerational Workforce in the 21st Century

Learn a little more about your employee dynamics and how motivation and rewards must be tailored for each generational group.