A CAP report was referenced when discussing high CEO pay ratios in the managed care industry throughout the 2020 fiscal year. CAP’s report revealed that insurers tended not to make compensation adjustments for the effects of the COVID-19 pandemic. While annual bonuses trended slightly down overall, pay levels still fared reasonably well. Most of the property and casualty and life and health insurance companies that were reviewed in the report used ESG or strategic metrics in their compensation programs with two companies implementing such measures in their long-term performance plans.
A CAP report was referenced in an article discussing ESG disclosure regulations and how regulators will address these mandates. CAP’s report from February revealed that companies were all over the map on what they disclosed and that human capital disclosures ranged from as few as 63 words to more than 6,800 words with the largest coming from a Wells Fargo annual proxy filing.