Canadian Insights

Meridian Webinar: COVID-19’s Impact on Incentive Plans

COVID-19 has altered fundamental priorities for the year and significantly affected many companies’ ability to achieve the annual incentive plan and/or performance-contingent long-term incentive plan goals that were set prior to current circumstances.

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Topics for the Briefing Market Practice Update ■ Reductions to executive salaries and director fees, and other compensation actions being taken (as well as actions not expected to be taken)■ Proxy advisor views on COVID-19 related pay actions 2020 Annual…

Impact of COVID-19 on 2020 Annual and In-Flight Long Term Incentives

COVID-19 has had a far-reaching impact on Canadian businesses.

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For many companies, incentive goals set before the pandemic have become unachievable. In the short term, companies prioritized emergency planning, safety, layoffs and communications to employees and other stakeholders. A small minority of companies that had clear line of sight…

COVID-19

The Meridian community recognizes the extraordinary challenges facing our clients, friends and others in these unprecedented times.

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First and foremost, we hope you, your families and your colleagues are staying safe and healthy during this global health crisis. We appreciate that normal business operations for many companies have been upended due to the COVID-19 pandemic, and that…