COVID-19 Insights

Compensation Committees: What to Do With 2020 Bonus Plans?

It’s been an unprecedented year for everyone, compensation committees included.

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At the onset of COVID-19, the popular advice for adjusting annual bonus pay was to “wait and see.”  Now several weeks in, some companies have begun restructuring bonuses. What actions are they taking? In this episode, Chris Havey, Partner &…

COVID-19 and Short-Term Incentives

Nothing will be ordinary about 2020 or 2021.

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For many companies, it is unlikely that there will be significant (if any) payouts under the executive or managerial bonus plans for 2020. Alternatively, for those that do have payouts, it is similarly unlikely that plan mechanics alone will determine…