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L-Blast | November 2018

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We hope you had a wonderful Thanksgiving in the company of family and friends. We have been extremely busy here at L&A but there is nothing like the Holidays to bring everyone closer together, not only in our personal lives but in business as well. A time of reflection on the past year as we start to look at what’s ahead for 2019. Coach John Wooden has a great quote – “The most important thing in the world is family and love.” This is a great time for all of us to hold on to both. 

 We have some great articles to share with you this month and we hope you find them helpful as you start to prepare for the new year. The first piece is an article we wrote for our partners at WorldatWork on IPO’s. In this article, we outline the important aspects that should be taken into consideration to ensure an IPO is positioned for success.

The second piece looks ahead at the 2019 proxy season and highlights important considerations for some of the hottest compensation topics such as pay ratio, say on pay and shareholder engagement. This is a great read to start preparing for next year’s proxy season!

The last article takes a look at salary projections for 2019. A very small increase is anticipated for salaries in the coming year, enforcing the need for employers to take a holistic approach to compensation that focuses on the overall employee experience with tailored rewards offerings to attract and retain top talent.

Just a reminder that our Energy Pay Pulse survey launches on December 1st. If you are in the Oil & Gas industry we invite you to participate as this survey will reveal the latest salary trends and pay practices to help keep your compensation programs competitive.

Last but definitely not least, we are very excited to share with you that for the second year in a row we have been selected as one of Consulting® magazine’s Fastest Growing Firms for 2018! We are grateful to each and every one of you who helped us achieve this growth. 

Happy Holidays from all of us at L&A and as always, let us know if there is a particular subject you’d like to learn more about. 

Sincerely,

Brent Longnecker and the L&A Team
Chairman and CEO
Longnecker & Associates


We are entering the holiday season, a time for hope and optimism. This changing of seasons is like the transition many companies encounter when converting from a privately held organization into a full-fledged publicly traded company through an initial public offering (IPO). Although the typical IPO process takes months from announcement to trading, the preparation leading up to the IPO starts well in advance, not unlike preparation for all the holidays’ special events.

READ MORE


It is already that time of year when public companies should be thinking about the 2019 proxy and annual reporting season. Advance planning greatly contributes to a successful proxy season, culminating with the annual meeting of shareholders. This post highlights issues of importance to the upcoming 2019 proxy season, including:

READ MORE

Wage growth stays restrained despite low unemployment and tight labor market 

Salary-increase budgets for U.S. employers next year are projected to grow by just 0.1 percent above the actual average budget increase for 2018, confirming that wage growth remains surprisingly stagnant despite record low unemployment. 

READ MORE


At L&A, we’ve designed our participant-only 2019 Energy Pay Pulse Survey to concisely and powerfully asses market trends for companies in the energy industry. The survey will capture current compensation trends as they relate to:

•  Salary increases
•  Employee hiring/turnover
•  Anticipated bonus payouts
•  Long-term incentive grant awards
•  Retention-related practices

The survey is scheduled to launch on December 1, and final survey results are scheduled to be available early January. Click the button below for more information or to participate.

I’M INTERESTED


We are thrilled to receive this recognition for the second year in a row. We wouldn’t be where we are today without the support of all of you, and of course our amazing team! Click below to see our feature in this month’s issue of Consulting® magazine. 

SEE OUR FEATURE

“As we express our gratitude, we must never forget that the highest appreciation is not to utter words,
but to live by them.” – JOHN F. KENNEDY


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