Boards of directors had few precedents available to set pay packages as the global economy crashed due to the pandemic. Partner Melissa Burek addresses differences between the pandemic economy and the 2008 economic collapse. Additionally, Partner Kelly Malafis says that when deciding on the size of pay packages, boards of directors focus on performance.

Partners Kelly Malafis and Melissa Burek explain how market declines have negatively impacted CEO compensation, with many companies also cutting down employee headcount and benefits.

Partners Melissa Burek, Dan Laddin, and Kelly Malafis comment the lack of negative reaction around CEO pay ratio and how the flexibility around calculating the ratio might have helped reduce the number of outliers.

Partner Kelly Malafis explains that Say on Pay results are taken seriously by companies, even if results are below 70% or 80% shareholder support level, and companies are typically taking actions in the following year to respond to the low support.

Upcoming Events See All

Oct 26, 2021

Private Company Board Compensation

Webinar

As the market is heating up for attracting and retaining diverse and talented directors, what are appropriate pay levels for board members? How do…
  • Susan Schroeder
  • Shaun Bisman

Nov 04, 2021

Workshop: Family Business Executive Salary Survey Results

Webinar

Family Business Magazine and Compensation Advisory Partners (CAP) have updated their survey of executive compensation in family businesses, first released in May 2021. Partners…
  • Bertha Masuda
  • Susan Schroeder

Nov 04, 2021

Breakout: Family Business Board Compensation

Webinar

This session will review the results of the Family Business/Private Company Director board compensation survey with CAP speakers Susan Schroeder, Partner and Han Wen…
  • Susan Schroeder
  • Han Wen Zhang