To better understand how companies will adjust executive compensation plans in response to COVID-19, Meridian Compensation Partners surveyed its clients to learn how they plan to move forward.
David Bixby, Lead Consultant at Meridian, explains some of the trends and responses the survey revealed. Predictably, the overarching theme is coping with pandemic-induced economic uncertainty.
The survey revealed that one of the leading trends will be greater use of time-vested restricted stock. Restricted stock refers to shares in the company that vest and becomes released to the recipient over time, based on that person’s continued employment.
Watch now to learn the key reason why executive compensation plans will shift toward including more restricted stock as a way of mitigating risk against economic uncertainty.
Explore more key takeaways from the research and learn more about Meridian Compensation Partners here: https://meridiancp.com/insights/covid-impact-on-incentive-compensation/.