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Waiver of Legal Claims and Non-Disclosure Covenants May Violate SEC Whistleblower Protections

Meridian looks at a recent SEC enforcement action and explains how companies can avoid similar issues.

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Recent SEC enforcement actions may require companies to revise existing employment and severance arrangements to modify non-disclosure requirements and provisions relating to waiver and release of legal claims. Two ubiquitous provisions found in employment and severance arrangements include non-disclosure covenants…

EEOC Proposes to Significantly Expand Employer Requirements to Report Pay Data

Meridian explains what this expansion entails, and comments on how it could affect companies.

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With little fanfare, the Equal Employment Opportunity Commission (EEOC) earlier this month issued a revised proposal to impose significant compliance burdens on private sector employers to collect and submit extensive employee pay data. According to the EEOC, the pay data…

10 Myths of Executive Compensation

Letting go of misconceptions about this function will enable boards to build stronger programs.

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Hiring and retaining the right hospital leaders and ensuring that they achieve the organization’s goals are among the board’s most important functions, and executive compensation plays a major role in the success of those efforts. However, preconceived notions about executive…

What’s New for Change-in-Control Agreements

In the banking industry, where mergers and acquisitions are common occurrences, change-in-control (CIC) arrangements can be a critical part of executive compensation programs

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In the banking industry, where mergers and acquisitions are common occurrences, change-in-control (CIC) arrangements can be a critical part of executive compensation programs. However, these arrangements are currently under scrutiny from shareholders, institutional investors, the media and most notably, proxy…

Satisfying Your Shareholders

Understanding How Institutional Shareholder Services (ISS) Evaluates Pay for Performance

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For TSX Composite Index companies, ISS will recommend voting “against” say on pay, “withhold” on directors, and/or “against” an equity plan proposal if: There is significant misalignment between CEO pay and company performance, The company has problematic pay practices, or…

Swiss Votes Pass Referendum

New Legislation On Executive Compensation And Corporate Governance Could be on The Horizon for the Swiss

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The Swiss are famous for their neutrality. However, the results of a recent referendum show that the Swiss are anything but neutral over executive pay practices among Swiss public companies. Nearly 68% of Swiss voters favored a March referendum calling…

Golden Parachutes

Discussion of the Structures Boards Can Use for Executive Severance Payments

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Golden parachutes aren’t going away. In this discussion with NACD Directorship’s Steve Kalan, Meridian Compensation Partner’s Donald Kalfen explains the use of severance packages and how they can be controversial.