As corporations, both public and private, continue to grapple with new challenges resulting from the coronavirus (COVID-19) pandemic, the need for practical guidance is more important than ever. Compensation Advisory Partners’ COVID-19 Resource Center includes our latest thinking on the implications of COVID-19.
The chart below provides a snapshot of the types of actions that S&P 1500 companies have taken since March in response to the pandemic, with the full interactive tracker comprising over 1,550 companies, including those in the S&P 1500, other public companies, private companies, nonprofits and non-U.S. companies beneath it. We are also regularly updating a report containing the findings of CAP’s corporate action tracker and additional interactive visualizations of key trends across industry groups and action types.
For more information about our services, please contact us.
| Company | FY2019 Revenue (mm) | Company Type | Industry | Action | Notes |
|---|---|---|---|---|---|
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Annual Incentive Plan Changes | Revised current, in-process incentive plan – On February 2, 2021, the Committee approved an adjustment, applicable only for 2020, to the “business performance factor” (the “BPF”) used to calculate awards for employees under the Company’s Annual Incentive Compensation Plan (the “AICP”). For 2020, the unadjusted BPF was 23%, but the Committee approved the use of a BPF of 50% to create a supplemental budget for calculating AICP awards for 2020 performance. Employees other than corporate officers will receive their AICP awards in cash. For corporate officers, the awards will be divided into two portions: one portion paid in a cash amount that is attributable to the unadjusted 2020 BPF (23%), and the remaining portion paid in an amount of time-based restricted stock units, with a one year vesting period, equivalent to the balance of the Adjusted BPF (27%), with differentiation based on each corporate officer’s contributions toward the Company’s efforts in response to COVID-19. Historically, the Compensation Committee has refrained from exercising its discretion to modify the AICP awards, but the Compensation Committee believes that the unprecedented circumstances of the COVID-19 pandemic warrant this adjustment and the corresponding equity awards for corporate officers. |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Executives: Reduced CEO Base Salary | Effective May 1, CEO will defer 50% of base salary for at least five months. The accumulated deferred salary amounts will be paid after the Company has repaid at least $7 billion of its Automotive debt |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Executives: Reduced Executive Chairman Pay | Executive Chairman deferring of 100% of salary for at least five months starting May 1. During this period, he will continue to accrue credited and contributory service under the applicable non-qualified plans such that he will receive the same benefit amounts as if he had been paid a salary under the Ford General Retirement Plan during such period |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Top 300 executives will defer 20% to 50% of base salaries for at least five months starting May 1. The accumulated deferred salary amounts will be paid after the Company has repaid at least $7 billion of its Automotive debt. The base salary deferrals will be 50% of salary for each of the CEO, COO, and CFO |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Non-Executives: Reduced Pay | Suspending overtime for salaried team members |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Non-Executives: Suspended Raises and/or Bonuses | Deferring merit-based salary increases |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Reduced Workforce | Offering buyouts to certain salaried employees who are eligible for retirement as of Dec. 31, with the goal of reducing 1,400 positions |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Executives: Suspended Raises and/or Bonuses | Deferring merit-based salary increases |
| Ford Motor Company | $127,144 | Public: S&P 500 | Automobiles and Components | Suspended or Reduced Dividend Payments | Suspended dividend |
| General Motors Company | $122,485 | Public: S&P 500 | Automobiles and Components | Executives: Reduced CEO Base Salary | 30% of CEO salary deferred; The deferred compensation would be paid in a lump sum, GM said, no later than March 15, 2021 |
| General Motors Company | $122,485 | Public: S&P 500 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Senior leaders defer 30% of salary and executives defer 25%; The deferred compensation would be paid in a lump sum, GM said, no later than March 15, 2021 |
| General Motors Company | $122,485 | Public: S&P 500 | Automobiles and Components | Board of Directors: Reduced Pay | Board members will see a 20% decrease |
| General Motors Company | $122,485 | Public: S&P 500 | Automobiles and Components | Reduced Workforce | On March 26, the Company announced it would suspend production at its North American factories indefinitely and lay off 5,600 salaried employees |
| General Motors Company | $122,485 | Public: S&P 500 | Automobiles and Components | Suspended Buyback Program | GM is suspending its quarterly dividend and stock buybacks |
| General Motors Company | $122,485 | Public: S&P 500 | Automobiles and Components | Suspended or Reduced Dividend Payments | GM is suspending its quarterly dividend and stock buybacks |
| Tesla, Inc. | $31,536 | Public: S&P 500 | Automobiles and Components | Executives: Reduced CEO Base Salary | 30% salary cut for VPs and above until the end of the second quarter |
| Tesla, Inc. | $31,536 | Public: S&P 500 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | 30% salary cut for VPs and above, 20% for director-level executives and 10% for the remaining workforce until the end of the second quarter |
| Tesla, Inc. | $31,536 | Public: S&P 500 | Automobiles and Components | Non-Executives: Reduced Pay | 10% salary cut for the remaining workforce until the end of the second quarter |
| Tesla, Inc. | $31,536 | Public: S&P 500 | Automobiles and Components | Reduced Workforce | Cut 75% of on-site staff at Nevada factory |
| Tesla, Inc. | $31,536 | Public: S&P 500 | Automobiles and Components | Furlough of Employees | Hourly employees who cannot work from home and have not been assigned critical onsite positions will be furloughed for three weeks until May 4 |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Executives: Reduced CEO Base Salary | Significant cuts in executive pay |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Significant cuts in executive pay |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Non-Executives: Suspended Raises and/or Bonuses | Suspended planned salary wage increases globally |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Suspended 401(k) Match | Suspended 401(k) matches in the U.S. |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Furlough of Employees | Implemented furloughs and temporary layoffs for our salaries and hourly employees |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Executives: Suspended Raises and/or Bonuses | Suspended planned salary wage increases globally |
| Aptiv PLC | $13,066 | Public: S&P 500 | Automobiles and Components | Suspended or Reduced Dividend Payments | Suspended dividend of approximately $225 million annually |
| BorgWarner Inc. | $10,165 | Public: S&P 500 | Automobiles and Components | Executives: Reduced CEO Base Salary | Temporary 20% reduction in base salaries for the Company’s Strategy Board, including the NEOs. Such reduction to remain in effect through the second quarter of 2020, with the Board retaining the ability to extend such reduction for an additional quarter. |
| BorgWarner Inc. | $10,165 | Public: S&P 500 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Temporary 20% reduction in base salaries for the Company’s Strategy Board, including the NEOs. Such reduction to remain in effect through the second quarter of 2020, with the Board retaining the ability to extend such reduction for an additional quarter. |
| BorgWarner Inc. | $10,165 | Public: S&P 500 | Automobiles and Components | Board of Directors: Reduced Pay | Annual cash compensation reduced 20% for Q2 2020, with the board retaining the ability to extend the reduction for an additional quarter, with the Board retaining the ability to extend such reduction for an additional quarter. |
| JPMorgan Chase & Co. | $102,063 | Public: S&P 500 | Banks | Non-Executives: One-Time Bonus | Providing full- and part-time employees who make less than $60,000 a year or are based at a consumer banking branch a one-time bonus of $1,000 to be paid in $500 installments in April and May |
| JPMorgan Chase & Co. | $102,063 | Public: S&P 500 | Banks | Reduced Workforce | Began a round of hundreds of job cuts, including about 80 positions in consumer banking and dozens more in other units |
| JPMorgan Chase & Co. | $102,063 | Public: S&P 500 | Banks | Suspended Buyback Program | Suspended share buybacks for the remaining period of the first quarter and the second quarter of 2020, as a member of the Financial Services Forum |
| JPMorgan Chase & Co. | $102,063 | Public: S&P 500 | Banks | Expanded Benefits Programs | Giving employees up to five new paid days away from work, as well as allowing people to carry over unused vacation time from 2019 until June |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Non-Executives: Guaranteed Pay Continuity | Guaranteed workers will still be paid for their regular, full schedule, even if hours are reduced in financial centers nationwide |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Non-Executives: One-Time Bonus | Plans to give all branch workers a $200 bonus every two weeks as it reduces branch hours with no announced end date. On January 21, 2021, the Company announced that all U.S. employees who earn $100k or less annually will receive a cash award of $750, and employees who make between $100k and $500k will receive 150 to 750 RSUs, to recognize employees for addressing unprecedented challenges and headwinds in the broader environment |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Non-Executives: Additional Payments for On-Site Employees | Moved to $20 minimum hourly rate of pay this quarter to increased pay for all “front-line” employees by $400/month. Employees in call and operations centers will have overtime pay raised to double their standard hourly rate |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Expanded Workforce | Hired 2,000 new employees in March and shifted 3,000 current employees to Consumer and Small Business |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Suspended Buyback Program | Suspended share buybacks for the remaining period of the first quarter and the second quarter of 2020, as a member of the Financial Services Forum |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Expanded Benefits Programs | Expanded employee benefits (e.g., no-cost coronavirus testing, no-fee Teledoc, backup childcare through which employees can secure their own back-up care without pre-approval and can receive up to $100 per day towards back-up care, transportation reimbursement for employees who continue to work in the office and typically rely on public transportation) |
| Bank of America Corporation | $74,208 | Public: S&P 500 | Banks | Other | Committed to no COVID-19-related layoffs in 2020. Employee Relief Fund provides grants to U.S.-based employees experiencing emergency hardships, such as a spouse/partner losing their income or support for basic needs |
| Citigroup Inc. | $58,369 | Public: S&P 500 | Banks | Non-Executives: One-Time Bonus | In the U.S., employees who make $60,000 or less a year in base salary will receive a $1,000 payment regardless of whether they work at a company facility or from home. Payments will be made in April |
| Citigroup Inc. | $58,369 | Public: S&P 500 | Banks | Reduced Workforce | Announced in September job cuts that will impact under 1% of its global employees |
| Citigroup Inc. | $58,369 | Public: S&P 500 | Banks | Suspended Buyback Program | Suspended share buybacks for the remaining period of the first quarter and the second quarter of 2020, as a member of the Financial Services Forum |
| Citigroup Inc. | $58,369 | Public: S&P 500 | Banks | Expanded Benefits Programs | Allowing those who are sick, at high risk or otherwise unable to work as a result of this situation to take time off without using accrued paid time off; extending the time frame for use of carry over vacation; and supporting transportation needs for site-dependent colleagues |
| Wells Fargo & Company | $58,319 | Public: S&P 500 | Banks | Suspended 401(k) Match | Will not pay out a discretionary profit-sharing 401(k) contribution for 2019. Suspended initiating new job displacements on March 26 |
| Wells Fargo & Company | $58,319 | Public: S&P 500 | Banks | Non-Executives: One-Time Bonus | Full-time employees who make less than $100,000 a year will receive a pre-tax payment of $600 and part-time employees will get a $300 bonus. Employee Relief Fund provides grants to U.S.-based employees experiencing emergency hardships, such as a spouse/partner losing their income or support for basic needs |
| Wells Fargo & Company | $58,319 | Public: S&P 500 | Banks | Non-Executives: Additional Payments for On-Site Employees | Front-line employees required to come into the office will receive an additional $200 per pay period starting April 17 for up to five paychecks |
| Wells Fargo & Company | $58,319 | Public: S&P 500 | Banks | Reduced Workforce | Wells Fargo has begun a much-anticipated round of job cuts, with initial layoffs affecting employees the bank had planned to cut this year before the coronavirus led Wells Fargo to pause headcount reduction |
| Wells Fargo & Company | $58,319 | Public: S&P 500 | Banks | Suspended Buyback Program | Suspended share buybacks for the remaining period of the first quarter and the second quarter of 2020, as a member of the Financial Services Forum |
| Wells Fargo & Company | $58,319 | Public: S&P 500 | Banks | Expanded Benefits Programs | Extended financial support for child care for eligible U.S. employees with children under 13, including a $100 per day reimbursement for eligible employees seeking child care through their own personal networks for up to 40 days, expiring at the end of May. Granted up to five paid business days off after a school system’s closure announcement to U.S. hourly employees who can’t work remotely so they can find child care. For U.S.-based employees directly affected by coronavirus, the seven-day waiting period will be covered at 100% without employees having to use PTO. Through June 14, 2020, cost sharing will be reduced to zero dollars for medical virtual office visits for any reason at a number of providers. Enhances benefits, including additional paid bereavement leave on April 8 |
| Truist Financial Corporation | $20,370 | Public: S&P 500 | Banks | Non-Executives: One-Time Bonus | Plans to give a $1,200 pre-tax bonus to all employees (45,000 workers or 78% of workforce) making under $100,000 a year |
| Truist Financial Corporation | $20,370 | Public: S&P 500 | Banks | Expanded Benefits Programs | Giving employees 10 extra days of paid leave to help deal with school closings and other disruptions. Some workers will also get a reimbursement for childcare costs, and all of the bank’s 59,000 employees will get an increase in emergency child and elder care benefits |
| U.S. Bancorp | $19,242 | Public: S&P 500 | Banks | Non-Executives: Additional Payments for On-Site Employees | Provide critical front-line employees with a temporary 20% hourly wage increase effective March 23 initially for four weeks and then through late May. The program expired on June 6. The program applies to more than 30,000 critical employees at branches, operations and contact centers, field operations offices and critical service locations |
| U.S. Bancorp | $19,242 | Public: S&P 500 | Banks | Suspended Buyback Program | Suspended share buybacks for the remaining period of the first quarter and the second quarter of 2020 |
| U.S. Bancorp | $19,242 | Public: S&P 500 | Banks | Expanded Benefits Programs | Doubled employee charitable gift matching program. Expanded flexible leave policies |
| U.S. Bancorp | $19,242 | Public: S&P 500 | Banks | Other | Told employees that they will not eliminate any jobs while there is so much uncertainty in the global marketplace |
| The PNC Financial Services Group, Inc. | $13,726 | Public: S&P 500 | Banks | Suspended Buyback Program | We announced on March 16, 2020 a temporary suspension of our common stock share repurchase program through June 30, 2020 |
| Fifth Third Bancorp | $6,515 | Public: S&P 500 | Banks | Non-Executives: One-Time Bonus | Providing customer service and other employees who work on-site a payment of up to $1,000, which will be paid in $500 installments in April and May |
| Fifth Third Bancorp | $6,515 | Public: S&P 500 | Banks | Suspended Buyback Program | Share repurchases suspended (no Q120 repurchases) |
| KeyCorp | $5,665 | Public: S&P 500 | Banks | Suspended Buyback Program | On March 17, 2020 decided to temporarily suspend share repurchase activity |
| Citizens Financial Group, Inc. | $5,289 | Public: S&P 500 | Banks | Non-Executives: Additional Payments for On-Site Employees | Providing premium pay to critical colleagues who come into the office or branch in order to meet customer needs |
| Citizens Financial Group, Inc. | $5,289 | Public: S&P 500 | Banks | Suspended Buyback Program | In order to ensure capital remains strong to meet further loan demand, the Company will cease stock repurchases through December 31, 2020 |
| Citizens Financial Group, Inc. | $5,289 | Public: S&P 500 | Banks | Expanded Benefits Programs | Offering additional paid time off and flexibility to accommodate various family situations |
| Regions Financial Corporation | $4,955 | Public: S&P 500 | Banks | Non-Executives: Additional Payments for On-Site Employees | Premium compensation for certain branch and operationally essential associates |
| Regions Financial Corporation | $4,955 | Public: S&P 500 | Banks | Suspended Buyback Program | Temporarily suspend its share buyback program for the remaining period of the first quarter and second quarter of 2020 |
| SVB Financial Group | $3,777 | Public: S&P 500 | Banks | Suspended Buyback Program | No repurchases were made subsequent to February 27, 2020 |
| Comerica Incorporated | $2,375 | Public: S&P 500 | Banks | Non-Executives: Additional Payments for On-Site Employees | Raise employee compensation for colleagues with on-site roles through May 7. Comerica is paying colleagues in these roles up to $350 per two-week pay period or $700 per month |
| Comerica Incorporated | $2,375 | Public: S&P 500 | Banks | Suspended Buyback Program | We have suspended our share repurchase program |
| Comerica Incorporated | $2,375 | Public: S&P 500 | Banks | Expanded Benefits Programs | Providing a new dependent and elder care stipend for March and April ($400 per month); adding 10 paid workdays to care for individuals with COVID-19 |
| General Electric Company | $79,619 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | CEO will forgo 100% salary for 2020. Most of the money collected would go toward a relief fund designed to help workers and their families affected by the pandemic |
| General Electric Company | $79,619 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | SVPs will forgo 25% of salary for 2020 and VPs will with forgo 20% of salary for 2020. CEO, Aviation David Joyce forgoing 50% of salary beginning in April for the rest of 2020. Most of the money collected would go toward a relief fund designed to help workers and their families affected by the pandemic |
| General Electric Company | $79,619 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Canceled salaried merit increase |
| General Electric Company | $79,619 | Public: S&P 500 | Capital Goods | Reduced Workforce | Laid off 10% of U.S. workforce |
| General Electric Company | $79,619 | Public: S&P 500 | Capital Goods | Furlough of Employees | Furloughed half of the company’s maintenance, repair and engine overhaul workers for 90 days |
| General Electric Company | $79,619 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Canceled salaried merit increase |
| Lockheed Martin Corporation | $65,398 | Public: S&P 500 | Capital Goods | Non-Executives: One-Time Bonus | Extending awards of up to $500 to onsite employees |
| The Boeing Company | $58,158 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | CEO Dave Calhoun will forgo 100% of salary until the end of 2020 |
| The Boeing Company | $58,158 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Cash retainer of Chairman reduced 100% for the rest of 2020 |
| The Boeing Company | $58,158 | Public: S&P 500 | Capital Goods | Reduced Workforce | Plans to shed about 10% of its 160,000 global workforce |
| The Boeing Company | $58,158 | Public: S&P 500 | Capital Goods | Furlough of Employees | Three week furlough initially |
| The Boeing Company | $58,158 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Suspended all share repurchases until further notice |
| The Boeing Company | $58,158 | Public: S&P 500 | Capital Goods | Suspended or Reduced Dividend Payments | Suspended dividend until further notice |
| Raytheon Technologies Corporation | $56,587 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Beginning June 1, and continuing through year-end, 20% pay reduction |
| Raytheon Technologies Corporation | $56,587 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Beginning June 1, and continuing through year-end, Raytheon Technologies will institute a temporary 10% pay reduction for all salaried employees across corporate offices and Pratt & Whitney and Collins Aerospace businesses. Affected employees will be given an added 15 days off this year |
| Raytheon Technologies Corporation | $56,587 | Public: S&P 500 | Capital Goods | Non-Executives: Reduced Pay | Beginning June 1, and continuing through year-end, Raytheon Technologies will institute a temporary 10% pay reduction for all salaried employees across corporate offices and Pratt & Whitney and Collins Aerospace businesses. Affected employees will be given an added 15 days off this year |
| Raytheon Technologies Corporation | $56,587 | Public: S&P 500 | Capital Goods | Furlough of Employees | Furlough programs across operations for hourly employees |
| Raytheon Technologies Corporation | $56,587 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Raytheon Technologies Corp. said it plans suspend share buybacks immediately |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Suspended payout for its incentive compensation plans for fiscal 2020 |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Incentive Compensation | CEO, senior executives, and management waived 100% of bonus |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Incentive | CEO, senior executives, and management waived 100% of bonus |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Announced in March that salaried workers will not receive salary increase in 2020. Effective July 1, reinstated 2020 base salary increases, except for the most senior executives |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Reduced Workforce | Laid off employees |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Furlough of Employees | Furloughed employees |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Due to current economic uncertainty, temporarily suspended our share repurchase program and do not expect to repurchase any additional shares in 2020 |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Expanded Benefits Programs | Expanding its existing U.S. Matching Gifts Program to provide a 2:1 match on employee and retiree donations to eligible nonprofits beginning March 16 through May 1. Special two week paid leave policy for its union production workers that allows for extra time away from work due to quarantine, illness and child-care issues. Revised policy also allows for ten weeks of time off, at two-thirds of their salary, to care for their children |
| Caterpillar Inc. | $41,748 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | CEO, senior executives, and management will not receive salary increase in 2020; Effective July 1, to support our employees, we reinstated 2020 base salary increases, except for our most senior executives |
| Deere & Company | $35,514 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | To further strengthen its liquidity position, the Company suspended repurchases of its own common stock |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Reduced salaries of executives |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reduced salaries of executives |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Reduced pay for directors |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit-based increases |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Non-Executives: One-Time Bonus | $750 bonus to hourly and administrative employees in May, estimated to cover 10% to 15% of its 113,000 employees worldwide |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Expanded Workforce | Hired 500 employees |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Reduced Workforce | Reduced overall staffing levels |
| Honeywell International Inc. | $32,637 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Suspended merit-based increases |
| 3M Company | $32,184 | Public: S&P 500 | Capital Goods | Furlough of Employees | Targeted paid short-term furloughs in businesses most impacted |
| 3M Company | $32,184 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Adjusting capital allocation plans—prioritizing organic investments and the dividend, and suspended share repurchase program |
| 3M Company | $32,184 | Public: S&P 500 | Capital Goods | Expanded Benefits Programs | Giving U.S. employees up to two weeks of paid leave if they are unable to work due to caregiving, childcare or self-quarantining related to the COVID-19 outbreak |
| Johnson Controls International plc | $22,317 | Public: S&P 500 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Committee made a discretionary adjustment to the EBIT metric threshold performance, capped at threshold. The adjustment increased the performance level under the annual incentive plan by 17% (from 67% to 83%), which remained below target and below pre-COVID-19 expectations based on our performance prior to the pandemic. Additionally, the CEO recommended no individual modifiers be applied for FY 2020 in order to recognize the actions of the NEOs to work as a team to manage the unprecedented impact of the pandemic |
| Johnson Controls International plc | $22,317 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | From April 2020 through the end of FY 2020, the CEO voluntarily took a 20% base salary reduction |
| Johnson Controls International plc | $22,317 | Public: S&P 500 | Capital Goods | Furlough of Employees | On 4/1, announced in an internal memo, mandatory furloughs for salaried employees are being implemented, with employees choosing between working a reduced workweek that totals 10 days off or a 2-week furlough; expected to take effect in May |
| Johnson Controls International plc | $22,317 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Suspended its share repurchase program in March; announced in June, authorized repurchases |
| Cummins Inc. | $19,811 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | CEO’s salary will be reduced by 50% at least through the end of Q2 |
| Cummins Inc. | $19,811 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Salary of all US employees will be reduced by 10% to 25% at least through the end of Q2 |
| Cummins Inc. | $19,811 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Compensation reduced 25% at least through the end of Q2 |
| Cummins Inc. | $19,811 | Public: S&P 500 | Capital Goods | Non-Executives: Reduced Pay | Salary of all US employees will be reduced by 10% to 25% at least through the end of Q2 |
| Cummins Inc. | $19,811 | Public: S&P 500 | Capital Goods | Non-Executives: Guaranteed Pay Continuity | On 3/20, announced a factory will close for 2 weeks and that employees will be paid during this time |
| PACCAR Inc | $18,729 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | The Company has temporarily suspended its repurchases |
| Eaton Corporation plc | $17,858 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Reduced base salary by 50% for CEO for second quarter effective April 1, 2020 |
| Eaton Corporation plc | $17,858 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reduced base salary by 25% for second quarter effective April 1, 2020 |
| Eaton Corporation plc | $17,858 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Reduced the second quarter cash retainer for all non-employee directors by 50%. The unpaid portion of their second quarter retainer to be designated to assist Eaton employees in a manner determined by management |
| Eaton Corporation plc | $17,858 | Public: S&P 500 | Capital Goods | Expanded Benefits Programs | 2:1 match on employee donations to organizations providing COVID-19 relief |
| Carrier Global Corporation | $17,456 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Implementing pay cuts |
| Carrier Global Corporation | $17,456 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Implementing pay cuts |
| Carrier Global Corporation | $17,456 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Implementing pay freezes and cuts |
| Carrier Global Corporation | $17,456 | Public: S&P 500 | Capital Goods | Furlough of Employees | Such actions include, but are not limited to, employee furloughs |
| Carrier Global Corporation | $17,456 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Implementing pay freezes and cuts |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Salary reductions with its board of directors and top 1,000 leaders. The salary cuts are in place through the end of the fiscal year; Reduced base salaries of all NEOs by 15% for six months between April and September as part of cost-containment actions necessitated by the COVID-19 pandemic |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Salary reductions with its board of directors and top 1,000 leaders. The salary cuts are in place through the end of the fiscal year; Reduced base salaries of all NEOs by 15% for six months between April and September as part of cost-containment actions necessitated by the COVID-19 pandemic |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Effective April 1, 2020 through September 30, 2020, the cash portion of the annual retainer, the lead independent director retainer, the committee chair retainers and meeting fees were reduced by 15% in light of the Company’s cost cutting efforts during the height of the COVID-19 pandemic |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Non-Executives: Reduced Pay | Salary reductions with its board of directors and top 1,000 leaders. The salary cuts are in place through the end of the fiscal year |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Reduced Workforce | Extended cost-cutting plan announced in February to eliminate more positions |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Furlough of Employees | Widespread furloughs during the rest of 2020 |
| Emerson Electric Co. | $16,785 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Suspending its share repurchases for the remainder of the fiscal year |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Forgo 20% of cash compensation |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Most senior executives forgo 20% of cash compensation |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Board members forgo 20% of cash compensation during second quarter |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Suspended 401(k) Match | Suspending 401(k) matching in the United States |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Reduced Workforce | Voluntary retirement program and some reductions in force |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | The company temporarily suspend acquisition-related activity and share repurchases until the demand outlook is clearer |
| Stanley Black & Decker, Inc. | $14,535 | Public: S&P 500 | Capital Goods | Expanded Benefits Programs | The Company established an emergency relief program for employees, which will provide financial assistance to Stanley Black & Decker employees and their families to help those who have been severely impacted by the virus and need immediate help |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | CEO taking 50% salary cut during the company’s Q4 that began April 1; This reduction remained applicable to base salaries in the first quarter of fiscal year 2021, and is being evaluated on a quarterly basis as conditions warrant |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Executives taking 20% to 30% salary cut during the company’s Q4 that began April 1; This reduction remained applicable to base salaries in the first quarter of fiscal year 2021, and is being evaluated on a quarterly basis as conditions warrant |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Directors taking a 10% salary cut during the company’s Q4 that began April 1; This reduction remained applicable to base salaries in the first quarter of fiscal year 2021, and is being evaluated on a quarterly basis as conditions warrant |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Non-Executives: Reduced Pay | Salaried employees taking a 10% salary cut during the company’s Q4 that began April 1; This reduction remained applicable to base salaries in the first quarter of fiscal year 2021, and is being evaluated on a quarterly basis as conditions warrant |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Suspended annual merit increases |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Temporarily suspended share repurchase program |
| Parker-Hannifin Corporation | $13,696 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Suspended annual merit increases |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Discretionary upward adjustment of approximately nine percentage points against targets set prior to the emergence of the COVID-19 pandemic for annual cash incentive awards, based on the achievement of significant operational and financial milestones, especially strong free cash flow generation, despite challenges created by the COVID-19 pandemic |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Senior executives have agreed to a 10% reduction in salary for the third and fourth quarters |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Senior executives have agreed to a 10% reduction in salary for the third and fourth quarters |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Directors will take a corresponding 10% reduction in cash compensation for the third and fourth quarters |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Suspended 401(k) Match | Suspended matching program for certain retirement programs offered to employees, including NEOs, for up to six months |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Furlough of Employees | We have furloughed certain employees and may need to further furlough or reduce the number of employees that we employ. Implemented a voluntary retirement plan |
| Jacobs Engineering Group Inc. | $13,567 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Paused share purchases in March |
| Illinois Tool Works Inc. | $12,574 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Company temporarily suspended share repurchase program starting in March 2020 due to the COVID-19 pandemic |
| Trane Technologies plc | $12,455 | Public: S&P 500 | Capital Goods | Expanded Benefits Programs | Country-specific benefits for employees on leave for quarantine or illness, U.S. access to back-up child and eldercare assistance, and a Helping Hand Fund |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Enacted short-term pay cuts for executives |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Enacted short-term pay cuts for executives |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Delayed merit-based pay increases for salaried employees |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Reduced Workforce | Reduced work hours for team members |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Furlough of Employees | Furloughed small portion of its workforce |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Pausing share repurchases |
| W.W. Grainger, Inc. | $11,797 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Delayed merit-based pay increases for salaried employees |
| Textron Inc. | $11,651 | Public: S&P 500 | Capital Goods | Furlough of Employees | Furloughs of more than 7,000 employees working in Aviation; furloughs will last from 3/23 until 5/29, but each impacted employee will only lose 4 weeks of work |
| Textron Inc. | $11,651 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Textron has suspended its share repurchase program |
| Huntington Ingalls Industries, Inc. | $9,361 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Stopped share repurchases on March 11 and will evaluate restarting as this period of uncertainty passes |
| United Rentals, Inc. | $8,530 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Share repurchase program was paused in mid-March |
| Masco Corporation | $7,188 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Temporarily suspended share repurchase activity |
| Dover Corporation | $6,684 | Public: S&P 500 | Capital Goods | Furlough of Employees | We are taking steps across the portfolio and at the corporate center to reduce our controllable costs, including short-term actions to reduce labor costs, including furloughs |
| Dover Corporation | $6,684 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | The Company has suspended further repurchases as a result of business uncertainty related to COVID-19 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | 25% salary reduction for CEO for the period April 27, 2020 to December 6, 2020 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Incentive Compensation | Payout reduced 100% for its incentive compensation plans for fiscal 2020 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | 15% salary reductions for all SVPs for the period April 27, 2020 to December 6, 2020 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Incentive | Payout reduced 100% for its incentive compensation plans for fiscal 2020 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Cash fees reduced 50% for duration of crisis; these amounts will be reinstated to the full amount effective January 2021 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Non-Executives: Reduced Pay | 7.5% salary reductions for all other non-manufacturing employees around the world |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Suspended 401(k) Match | The company match will be suspended for U.S. employees participating in the 401(k) retirement savings plan for the period April 27, 2020 to December 6, 2020 |
| Rockwell Automation, Inc. | $6,330 | Public: S&P 500 | Capital Goods | Non-Executives: One-Time Bonus | Manufacturing associates are not impacted by the temporary pay reductions and are receiving a one-time additional payment in recognition of their work in serving our customers during this difficult time |
| Fastenal Company | $5,647 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Incentive Compensation | Suspended payments 100% under the Company’s Incentive Plan for its named executive officers during the second quarter (April through June) of 2020 |
| Fastenal Company | $5,647 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Incentive | Suspended payments 100% under the Company’s Incentive Plan for its named executive officers during the second quarter (April through June) of 2020 |
| Fastenal Company | $5,647 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Company is reducing director meeting fees from $4,000 to $2,000 (plus reimbursement of reasonable expenses) for attendance at each regular or special meeting of the board and each committee meeting, including meetings of independent directors for the months of May, June, and July of 2020. Additionally, the Chairman’s monthly fee, in lieu of meeting attendance fees, will be reduced from $25,000 to $12,500 during the months of May, June, and July of 2020 |
| Fastenal Company | $5,647 | Public: S&P 500 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Suspension of performance bonus programs to employees above certain compensation levels during the second quarter (April through June) of 2020 |
| Fastenal Company | $5,647 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Did not repurchase any of our common stock in either period |
| Fastenal Company | $5,647 | Public: S&P 500 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Suspension of performance bonus programs to employees above certain compensation levels during the second quarter (April through June) of 2020 & suspended payments 100% under the Company’s Incentive Plan for its named executive officers during the second quarter (April through June) of 2020 |
| Howmet Aerospace Inc. | $5,259 | Public: S&P 500 | Capital Goods | Suspended or Reduced Dividend Payments | Suspended its quarterly dividend |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Long-Term Incentive Plan Changes | On September 25, 2020, the Compensation Committee determined to allow the portion of options granted in fiscal 2020 with a scheduled vesting date in 2020 to vest effective September 30, 2020, notwithstanding that performance criteria for such options will not be met. This action impacts options granted to approximately 85 individuals, including all of the independent directors and following executive officers. The Committee took this extreme action in light of the severe and unprecedented disruption to the aerospace industry in the second half of fiscal 2020 due to the COVID-19 pandemic. The Committee noted that the Company had record revenue and EBITDA for its first half of fiscal 2020 (prior to the pandemic), appropriately strengthened the Company’s balance sheet at the height of the pandemic, and highlighted management’s significant focus, agility and resilience throughout the ensuing industry downturn. Management’s strong performance has resulted in maintaining an EBITDA margin in excess of 40% in very challenging industry circumstances. |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Executives: Granted Discretionary Award | The executive team indicated its willingness to forego short-term incentives for 2020 and to forego some of their salaries, and publicly announced that intention. However, after the fiscal year end, the Committee felt strongly that it wanted to award the short-term incentives because liquidity was no longer a significant concern and management had expended significant effort to maintain EBITDA As Defined margins protecting shareholder value in a very difficult economic environment. The Committee awarded cash incentives (or options in the case of Messrs. Howley and Henderson) to all of the management except Mr. Stein who refused to accept a cash incentive for 2020. Subsequent to award, Mr. Howley and Mr. Henderson forfeited one-half of their incentive payment (paid in options) |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | CEO reducing cash compensation by over 50% for balance of 2020 |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | Senior executives will also substantially reduce their cash compensation for balance of 2020 |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Board of Directors will forgo 100% of their annual cash board fees for balance of 2020 |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Reduced Workforce | Reduce its workforce by up to 15%; Impacted domestic employees will receive a substantial lump sum payment upon their departure based on their tenure and will receive an additional $4,000 to defray expenses associated with health care costs, job-search costs or for any other purpose |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Furlough of Employees | Anticipates implementing one to two week furloughs at many locations over approximately the next six months in response to business unit specific situations |
| TransDigm Group Incorporated | $5,103 | Public: S&P 500 | Capital Goods | Delay of Annual Meeting | The Company is postponing the Annual Meeting to a later date to be determined |
| Xylem Inc. | $4,876 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | In light of the uncertainty created by the COVID-19 pandemic, we have taken cost reduction actions which include a temporary 20% reduction in the base salary of the Company’s CEO; these temporary reductions are effective from June 1, 2020 through December 31, 2020 |
| Xylem Inc. | $4,876 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | In light of the uncertainty created by the COVID-19 pandemic, we have taken cost reduction actions which include a temporary 20% reduction in the base salary of all direct reports to the CEO; these temporary reductions are effective from June 1, 2020 through December 31, 2020 |
| Xylem Inc. | $4,876 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | In light of the uncertainty created by the COVID-19 pandemic, we have taken cost reduction actions which include a temporary 20% reduction in annual cash retainer fees payable to our Board of Directors; these temporary reductions are effective from June 1, 2020 through December 31, 2020 |
| AMETEK, Inc. | $4,540 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | The temporary pay reduction of 20% |
| AMETEK, Inc. | $4,540 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | The temporary pay reductions we implemented generally range between 15% and 20% for salaried employees, including all executives |
| AMETEK, Inc. | $4,540 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | The temporary reduction of fees paid to our Board of Directors ranging between 15% and 20% |
| AMETEK, Inc. | $4,540 | Public: S&P 500 | Capital Goods | Non-Executives: Reduced Pay | The temporary pay reductions we implemented generally range between 15% and 20% for salaried employees |
| AMETEK, Inc. | $4,540 | Public: S&P 500 | Capital Goods | Reduced Workforce | The total reduction in force is approximately 10% of our employee base across direct, indirect, and SG&A functions |
| AMETEK, Inc. | $4,540 | Public: S&P 500 | Capital Goods | Furlough of Employees | Implemented temporary furloughs. These furloughs generally range in length from one week to three weeks, depending on the operating location and their customer market dynamics |
| Teledyne Technologies Incorporated | $3,086 | Public: S&P 500 | Capital Goods | Furlough of Employees | Furloughed some employees |
| A. O. Smith Corporation | $2,895 | Public: S&P 500 | Capital Goods | Executives: Reduced CEO Base Salary | Reduced CEO salary 25% |
| A. O. Smith Corporation | $2,895 | Public: S&P 500 | Capital Goods | Executives: Reduced Other Executive Base Salary | NEOs and the entire CEO staff have volunteered a 15% reduction in base salary |
| A. O. Smith Corporation | $2,895 | Public: S&P 500 | Capital Goods | Board of Directors: Reduced Pay | Reduced cash component of board compensation 25% |
| A. O. Smith Corporation | $2,895 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | Suspended its share repurchase program in mid-March |
| Allegion plc | $2,720 | Public: S&P 500 | Capital Goods | Suspended Buyback Program | We have also recently implemented several actions to address the COVID-19 impact to our business, including share repurchases |
| Waste Management, Inc. | $15,218 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Incentive Compensation | Reducing incentive compensation accruals |
| Waste Management, Inc. | $15,218 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Incentive | Reducing incentive compensation accruals |
| Waste Management, Inc. | $15,218 | Public: S&P 500 | Commercial and Professional Services | Non-Executives: Reduced Pay | Reducing incentive compensation accruals |
| Waste Management, Inc. | $15,218 | Public: S&P 500 | Commercial and Professional Services | Suspended Buyback Program | Temporarily suspended additional share repurchases |
| Waste Management, Inc. | $15,218 | Public: S&P 500 | Commercial and Professional Services | Expanded Benefits Programs | Excusing COVID-19 related absences and providing a guarantee of 40 hours of weekly pay to all full-time employees during the pandemic |
| Republic Services, Inc. | $10,154 | Public: S&P 500 | Commercial and Professional Services | Reduced Workforce | Laid off drivers |
| Cintas Corporation | $7,085 | Public: S&P 500 | Commercial and Professional Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – Due to the impact of the COVID-19 pandemic, the Compensation Committee decided that for fiscal 2020, the named executive officers would be awarded LTI grants at the target level, regardless of performance achievement with respect to the goals set at the beginning of the fiscal year |
| Cintas Corporation | $7,085 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | Fiscal 2021 base salaries for all named executive officers were reduced by 10%, effective June 1, 2020. |
| Cintas Corporation | $7,085 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Incentive Compensation | Due to the unexpected impact of the COVID-19 pandemic, determined to reduce 100% annual cash incentive compensation to employees at the Vice President level and above |
| Cintas Corporation | $7,085 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | Fiscal 2021 base salaries for all named executive officers were reduced by 10%, effective June 1, 2020. |
| Cintas Corporation | $7,085 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Incentive | Due to the unexpected impact of the COVID-19 pandemic, determined to reduce 100% annual cash incentive compensation to employees at the Vice President level and above |
| Cintas Corporation | $7,085 | Public: S&P 500 | Commercial and Professional Services | Furlough of Employees | Furloughed employee-partners will continue to be eligible to receive Cintas health and wellness benefits |
| Nielsen Holdings plc | $6,309 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | Reduced CEO total cash compensation (combined base salary and annual incentive payment) by 30% until September 30, 2020 |
| Nielsen Holdings plc | $6,309 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Incentive Compensation | Reduced CEO total cash compensation (combined base salary and annual incentive payment) by 30% until September 30, 2020 |
| Nielsen Holdings plc | $6,309 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | Reduced total cash compensation (combined base salary and annual incentive payment) of other Section 16 officers by 20% until September 30, 2020 |
| Nielsen Holdings plc | $6,309 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Incentive | Reduced total cash compensation (combined base salary and annual incentive payment) of other Section 16 officers by 20% until September 30, 2020 |
| Nielsen Holdings plc | $6,309 | Public: S&P 500 | Commercial and Professional Services | Board of Directors: Reduced Pay | Reduced total cash compensation (combined cash retainer and DSUs) by 30% during Q2 and Q3 |
| Robert Half International Inc. | $5,109 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | CEO salary reduced by 100% for the current fiscal year |
| Robert Half International Inc. | $5,109 | Public: S&P 500 | Commercial and Professional Services | Furlough of Employees | Impacted corporate staff were furloughed with paid benefits, awaiting a return to higher activity levels |
| IHS Markit Ltd. | $4,288 | Public: S&P 500 | Commercial and Professional Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Reduced 2020 NEO base salaries & applied previously approved 2020 cash incentive target percentages to the reduced salaries; Effective August 1, the 2020 Cash Incentive Target amounts have been adjusted to revert back to the 2020 Unadjusted Cash Incentive Targets, which apply to the approved target percentages of base salary to the 2020 Unadjusted Salaries (instead of adjusted full year earned 2020 salaries); On January 14, 2021, the Committee exercised its discretion to approve payouts under the 2020 CIP at 86.5% of target, after adjusting the 2020 CIP performance measures in order to reflect cancellation of corporate events during the 2020 fiscal year as a result of the COVID-19 pandemic. The exercise of discretion was intended to recognize the Company’s executive team’s successful leadership during the COVID-19 pandemic, including with respect to expense management, employee and customer management, continued product development and maintaining shareholder confidence |
| IHS Markit Ltd. | $4,288 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | 50% salary decrease for FY2020 and 25 percent salary decrease for FY2021; Effective August 1, 2020 and for the remainder of fiscal year 2020, a 25% (instead of 50%) decrease from the 2020 Unadjusted Salary of the Chairman and Chief Executive Officer, with the 25% decrease continuing to apply for fiscal year 2021; On October 14, 2020, the Committee approved reverting the base salaries for the named executive officers to their 2020 Unadjusted Salaries, effective November 1, 2020 |
| IHS Markit Ltd. | $4,288 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | Effective April 1, 2020 a 40% decrease in the current salary of the other NEOs for 2020 and for the remainder of fiscal year 2021, a 20% decrease in the current salary of the other NEOs; Effective August 1, 2020 and for the remainder of fiscal year 2020, a 20% (instead of 40%) decrease in the 2020 Unadjusted Salaries of the other NEOs, with the 20% decrease continuing to apply for fiscal year 2021; On October 14, 2020, the Committee approved reverting the base salaries for the named executive officers to their 2020 Unadjusted Salaries, effective November 1, 2020 |
| IHS Markit Ltd. | $4,288 | Public: S&P 500 | Commercial and Professional Services | Board of Directors: Reduced Pay | On April 16, 2020, the Board also decided that, beginning May 1, 2020 for the remainder of the 2020 fiscal year, the Board’s annual board retainer shall be reduced by 50% and beginning December 1, 2020, the annual board retainer shall be reduced by 25%; On October 15, 2020, the Board decided that the previous reduction in the Board’s annual retainer should be reversed in its entirety, so that the Board retainer shall be $90,000, effective November 1, 2020 |
| Verisk Analytics, Inc. | $2,785 | Public: S&P 500 | Commercial and Professional Services | Expanded Benefits Programs | Offering COVID-19 paid leave for impacted employees in addition to their annual PTO, and is expanding its existing emergency relief policy to include civic emergencies |
| Copart, Inc. | $2,206 | Public: S&P 500 | Commercial and Professional Services | Other | CEO required to use corporate aircraft for all travel during the duration of the Covid-19 pandemic |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | CEO has taken a reduction to base pay of 35% |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | COO taken a reduction to base pay of 35% and Senior executives 20% to 25% |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Board of Directors: Reduced Pay | Chairman of the Board reduction of 35% of cash retainer |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Non-Executives: Reduced Pay | Remaining corporate management have each taken a reduction to their base pay of 5% to 10% |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit increases for the corporate office staff |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Furlough of Employees | Temporarily furloughing a number of employees in both field operations and our home offices |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Expanded Benefits Programs | Offering up to 80 hours of PTO to full-time employees for emergency leave for qualifying needs, and up to 40 hours of PTO to part-time employees |
| Rollins, Inc. | $2,161 | Public: S&P 500 | Commercial and Professional Services | Executives: Suspended Raises and/or Bonuses | Suspended merit increases for the corporate office staff |
| NIKE, Inc. | $37,403 | Public: S&P 500 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Nike paid a cash bonus based on performance on bonus and LTIP metrics through 2/28/20 equal to 100% of target 2020 bonus + 75% of target 2018-2020 LTIP; Reflects 3 of 4 quarters and 11 of 12 quarters for 2020 bonus and 2018-2020 LTIP performance periods, respectively; To approximate the short- and long-term cash incentive payouts that were received by all other eligible employees, the Compensation Committee granted discretionary cash bonuses to each of our Named Executive Officers in amounts between $6,750,000 and $2,190,000 |
| NIKE, Inc. | $37,403 | Public: S&P 500 | Consumer Durables and Apparel | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Nike paid a cash bonus based on performance on bonus and LTIP metrics through 2/28/20 equal to 100% of target 2020 bonus + 75% of target 2018-2020 LTIP; Reflects 3 of 4 quarters and 11 of 12 quarters for 2020 bonus and 2018-2020 LTIP performance periods, respectively; Revised go forward incentive plan – Modified 2020-2022 LTIP performance metrics from Revenue and EPS to Relative TSR vs. S&P 500. Award is capped at 100% of target if absolute TSR is negative; To approximate the short- and long-term cash incentive payouts that were received by all other eligible employees, the Compensation Committee granted discretionary cash bonuses to each of our Named Executive Officers in amounts between $6,750,000 and $2,190,000 |
| NIKE, Inc. | $37,403 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | All store employees will be paid in full during March 16 to March 27 store closures |
| NIKE, Inc. | $37,403 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Temporarily suspended share repurchases |
| Whirlpool Corporation | $19,456 | Public: S&P 500 | Consumer Durables and Apparel | Suspended 401(k) Match | Whirlpool will continue the employer match for 401(k) plans. However, the company match will be made with Whirlpool common stock instead of cash |
| Whirlpool Corporation | $19,456 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Employees are to schedule a two-week furlough between April 13 and the end of May |
| Whirlpool Corporation | $19,456 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Temporarily suspended share repurchase program |
| PulteGroup, Inc. | $11,036 | Public: S&P 500 | Consumer Durables and Apparel | Reduced Workforce | Reduced its targeted overhead expense through a combination of layoffs and furloughs |
| PulteGroup, Inc. | $11,036 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Reduced its targeted overhead expense through a combination of layoffs and furloughs |
| PulteGroup, Inc. | $11,036 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended all stock repurchase activities |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Compensation Committee exercised its right of discretion and determined the VF performance payout for VF’s Management Incentive Compensation Plan to be 90% of target for fiscal 2020; Revised go forward incentive plan – Delayed fiscal 2021 goal setting for VF’s Management Incentive Compensation Plan and VF’s Mid-Term Incentive Plan to provide additional time to gain greater clarity of the potential impact of COVID-19 on VF’s fiscal 2021 objectives and performance |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – In May 2020, in determining the results for fiscal 2020, the Compensation Committee considered our above target performance for the first nine months of the fiscal year, as well as the estimated financial impact of COVID-19 during the final three months, and determined that the achievement of the MIC Plan stretch goals for VF for fiscal 2020 for the three- year MTIP performance period was 90%. Therefore, the Committee determined that the level of achievement of the financial performance metric of the MTIP goal for the three-year period 2017 through fiscal 2020 was 144%, determined by averaging the achievement of the VF Performance Target goals under the MIC Plan |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Temporary 50% salary reduction for the CEO, to be reassessed in four months |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Temporary 25% salary reduction for the Executive Leadership Team, to be reassessed in four months |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Cash retainer reduced 100% for four months |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | All retail employees will continue to receive full pay and benefits during the temporary closure period through May 3. Extending pledge to fully pay furloughed store associates in U.S., Canada, and Mexico until May 30 |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Additional Payments for On-Site Employees | Increased pay of U.S. and Canadian distribution centers workers through July |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Temporarily paused stock buyback program |
| V.F. Corporation | $10,489 | Public: S&P 500 | Consumer Durables and Apparel | Expanded Benefits Programs | Providing 14 days of emergency leave pay for distribution center associates |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Reduced CEO salary 50%. The temporary salary reductions will commence in April 2020, will remain in place for at least three months and will last no more than six months. |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Incentive Compensation | Intend to decrease bonus opportunities by 50% compared to 2019 |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries 25% to 50%. The temporary salary reductions will commence in April 2020, will remain in place for at least three months and will last no more than six months. |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Incentive | Intend to decrease bonus opportunities by 50% compared to 2019 |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Board members will forgo 100% of cash compensation for the duration of the crisis |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Reduced Pay | All remaining full-time associates will have a temporary salary reduction of 5%-20% depending on salary level. Payout levels for 2020 performance bonuses will be reduced by 50% when performance targets are established for eligible associates |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | PVH has put all hiring on hold and will not make any merit increases to salaries in 2020 |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Retail associates at will continue to receive full pay and benefits for their scheduled shifts during the temporary closure period of March 17 to March 29 |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | 75% of store, office and warehouse associates furloughed or having their working hours decreased |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended share repurchases under the stock repurchase program |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Incentive Compensation | Intend to decrease bonus opportunities by 50% compared to 2019 |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | PVH has put all hiring on hold and will not make any merit increases to salaries in 2020 |
| PVH Corp. | $9,909 | Public: S&P 500 | Consumer Durables and Apparel | Suspended or Reduced Dividend Payments | Suspended dividend payments until further notice |
| Mohawk Industries, Inc. | $9,552 | Public: S&P 500 | Consumer Durables and Apparel | Reduced Workforce | We are lowering our costs by implementing layoffs |
| Mohawk Industries, Inc. | $9,552 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | We are lowering our costs by implementing furloughs |
| Mohawk Industries, Inc. | $9,552 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | The Company will not make further purchases under the stock buyback program until visibility improves |
| Newell Brands Inc. | $9,385 | Public: S&P 500 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Retained 2020 financial performance metrics & added full-year operational targets at the corporate & business unit levels (reduce stock-keeping units, enhance margin); divided plan in half – performance for the first half will be evaluated on original 2020 budget plan & performance for the second half will be evaluated on more recent forecasts; maximum payouts reduced; business unit participants eligible for “kicker” based on the unit’s performance relative to the original targets |
| Newell Brands Inc. | $9,385 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Additional Payments for On-Site Employees | Implemented a temporary hourly pay increase, a weekly bonus program for supervisors and additional emergency pay checks in the U.S. and certain geographies |
| Newell Brands Inc. | $9,385 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Furloughed approximately 5,000 employees, primarily related to supply chain and retail operations and instituted a hiring freeze |
| Hanesbrands Inc. | $6,664 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Instituted temporary pay cuts for executives of 30% |
| Hanesbrands Inc. | $6,664 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Instituted temporary pay cuts for executives and salaried employees, ranging from 10% to 30%, depending on employee level |
| Hanesbrands Inc. | $6,664 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Reduced Pay | Instituted temporary pay cuts for executives and salaried employees, ranging from 10% to 30%, depending on employee level |
| Hanesbrands Inc. | $6,664 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | After paying retail store employees full pay for two-plus weeks of the closures, retail store employees have transitioned to furloughed status with continuation of benefit. In addition to the retail store employees, the company will temporarily furlough approximately 575 other U.S. employees |
| Hanesbrands Inc. | $6,664 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended share repurchases for the remainder of the year |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Adjusted 2020 bonus to partially exclude the effect of COVID-19 and called payout at 100% of target; Revised go forward incentive plan – Bifurcated 2021 bonus plan with the first performance interval April – September 2020 and the second performance interval October 2020 – March 2021; Payout of the first performance period will be based on the Company’s management of the three COVID-19 phases (managing the crisis, preparing for the rebound, and working in the new normal in the context of our 5 stakeholders); The second performance interval (October 2020 – March 2021) will be determined in the second quarter of Fiscal 2020; Any bonus payout will be based on the financial situation of the Company as of the end of Fiscal 2021; Reduced max payout to 125% of target from 200% of target |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Adjusted PSU awards to partially exclude the effect of COVID-19; Revised go forward incentive plan – As a result of the impact of COVID-19, and as a result of the importance of emphasizing retention of our management team during this crisis, we will grant time-based RSUs to all participants in Fiscal 2021. RSUs granted to Mr. R. Lauren will vest 100% on the third anniversary of the grant. For the other NEOs, fifty percent of the RSUs granted will vest 100% on the third anniversary of the grant and fifty percent of the RSUs will vest on a pro-rata basis with one-third vesting per year on the first, second and third anniversary of the grant. |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | CEO will reduce his salary by 50% during the crisis |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Executive Chairman Pay | Executive Chairman and Chief Creative Officer, Ralph Lauren, will forego 100% of his salary for Fiscal Year 2021 |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Executive and Global Leadership Team (140 members) will reduce their salaries by 20% for the first quarter of 2021 |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Cash compensation reduced 100% for Q1 2021 |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Continued to be paid during store closures from mid-March through April 11. Following this period, all of our store employees where retail operations are suspended, will be placed on unpaid temporary furlough |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | All of the company’s team members impacted by closure received standard pay mid-March through April 11, at which point employees will be placed on unpaid temporary furlough. These employees will continue to receive regular employee benefits |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Halting any incremental share repurchases during the COVID-19 crisis, having completed its repurchase program in Fiscal 2020 |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Expanded Benefits Programs | Employees worldwide also have free access to employee assistance programs that provide legal, financial, parenting, elder care, childcare and mental health support |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Other | Amended Mr. R. Lauren’s employment agreement so that upon certain terminations of employment, the portion of his severance based on his base salary would disregard his reduced base salary rate, and the portion of his severance based on prior years’ bonus would exclude the Fiscal 2021 bonus and the Fiscal 2020 bonus (which, as previously noted, Mr. R. Lauren voluntarily forfeited) |
| Ralph Lauren Corporation | $6,160 | Public: S&P 500 | Consumer Durables and Apparel | Suspended or Reduced Dividend Payments | Suspended our quarterly dividends during the crisis, beginning in Fiscal 2021 |
| Hasbro, Inc. | $5,465 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Furlough some employees |
| Hasbro, Inc. | $5,465 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended its current share repurchase program |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised go forward incentive plan – For the 2021 AIP, the company revised the performance curves to be wider and replaced Diluted EPS as a metric with Inventory Turns |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Long-Term Incentive Plan Changes | Revised go forward incentive plan – For the August 2020 annual long-term incentive award, granted three-year cliff vesting RSUs instead of performance RSUs (PRSUs) to NEOs and other senior executives. The Committee intends to return to its normal practice of granting PRSUs in August 2021 |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Granted Discretionary Award | Granted special Acceleration Program PRSU awards to approximately 100 Corporate employees, including NEOs. These awards may be earned from 0% to 200% of target, subject to the Company’s achievement of two-year net income and return on net assets targets. Grants to the NEOs ranged from $200,000 to $500,000. PRSUs have a wider than typical performance curve to provide opportunity for payout over a wider range of performance results during a period of extreme uncertainty due to the Covid-19 pandemic |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | A 50% salary reduction for CEO effective July 2020 and expected to remain in effect for up to 12 months. Effective November 1, 2020, all impacted employees will have their salaries restored to full salary levels going forward |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Incentive Compensation | Cancellation of the Company’s Annual Incentive Plan (AIP) for fiscal year 2020, which will result in 100% bonus reduction for the current fiscal year |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Salary reductions of 5% to 20%, depending on salary level, for all North America corporate employees above a certain salary threshold; reductions are effective July 2020 and expected to remain in effect for up to 12 months. Effective November 1, 2020, all impacted employees will have their salaries restored to full salary levels going forward |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Incentive | Cancellation of 100% of the Company’s Annual Incentive Plan (AIP) for fiscal year 2020, which will result in no bonuses being paid for the current fiscal year |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | A 50% reduction in cash compensation for the Board of Directors for 12 months. The reduction applies to the annual cash retainer for Board service, committee chair retainers and the Board Chair retainer. Effective November 1, 2020, such cash retainers will be restored to their full values going forward |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Reduced Pay | Salary reductions of 5% to 20%, depending on salary level, for all North America corporate employees above a certain salary threshold. Effective November 1, 2020, all impacted employees will have their salaries restored to full salary levels going forward |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | Cancellation of the Company’s Annual Incentive Plan (AIP) for fiscal year 2020, which will result in no bonuses being paid for the current fiscal year; Elimination of merit salary increases for all employees for fiscal year 2021 |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Employees will continue to receive scheduled pay and benefits during temporary four week closure period through May 30th, at which time the Company will furlough most assistant store managers and sales associates where stores have not reopened |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Reduced Workforce | Reducing retail workforce in North America by approximately 2,100 part-time store associates across the three brands effective April 25th. These employees will receive a one-time payment of $1,000 to reduce the financial burden of this action |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Furloughed most of its North American assistant managers and store associates after the company didn’t reopen its doors by May 30 |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended $900 million share repurchase program |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Expanded Benefits Programs | Foundations will match gifts made by employees in North America to support qualified charitable COVID-19 causes, up to $10,000 per employee |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | Cancellation of the Company’s Annual Incentive Plan (AIP) for fiscal year 2020, which will result in no bonuses being paid for the current fiscal year; Elimination of merit salary increases for all employees for fiscal year 2021 |
| Tapestry, Inc. | $4,961 | Public: S&P 500 | Consumer Durables and Apparel | Suspended or Reduced Dividend Payments | Suspended quarterly cash dividend starting in Q4 2020. Declaration does not affect previously announced quarterly dividend |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised go forward incentive plan – The company historically establishes both short-term and long-term performance compensation financial targets during the first quarter of each fiscal year. Given the ongoing uncertainty regarding the impact of COVID-19, delayed the approval of certain elements of our 2020 compensation program, specifically the financial targets for our annual cash incentive award and the approval of the performance based portion of our annual equity awards. The Compensation Committee currently expects to consider these elements of our compensation program during the second quarter of 2020 |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Long-Term Incentive Plan Changes | Revised go forward incentive plan – The company historically establishes both short-term and long-term performance compensation financial targets during the first quarter of each fiscal year. Given the ongoing uncertainty regarding the impact of COVID-19, delayed the approval of certain elements of our 2020 compensation program, specifically the financial targets for our annual cash incentive award and the approval of the performance based portion of our annual equity awards. The Compensation Committee currently expects to consider these elements of our compensation program during the second quarter of 2020 |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | CEO salary reduced by 25% for the duration of the crisis |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | EVPs and above salaries reduced by 25% for the duration of the crisis |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Director compensation reduced by 25% for the duration of the crisis |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | All employees will receive pay during North American store closure from March 16 to March 28 |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: One-Time Bonus | Beginning April 12th, the company will begin paying premium bonuses to its distribution center teammates continuing to work during the crisis |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Non-Executives: Additional Payments for On-Site Employees | The Company will pay premium bonuses to its distribution center employees continuing to work during the crisis |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Reduced Workforce | The Company temporarily laid off employees in the U.S. Brand and Factory House stores, and approximately 600 employees in the U.S.-based distribution centers. |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Furloughed 6,600 employees |
| Under Armour, Inc. | $4,475 | Public: S&P 500 | Consumer Durables and Apparel | Expanded Benefits Programs | The Company will cover full health benefits for benefit-eligible teammates for approximately two months during the temporary layoff period |
| Leggett & Platt, Incorporated | $4,280 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Effective July 5, restored NEO salaries full to pre-pandemic levels after 3-month 50% salary cut |
| Leggett & Platt, Incorporated | $4,280 | Public: S&P 500 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Effective July 5, restored NEO salaries to 100% of pre-pandemic levels after 3-month 50% salary cut |
| Leggett & Platt, Incorporated | $4,280 | Public: S&P 500 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | 50% reduction to annual Board cash retainers, committee chair cash retainers and committee member cash retainers, all of which are paid on a quarterly basis. The reduction in compensation went into effect immediately and is applicable to the second quarter 2020 director fees; On June 29, 2020, the Board reinstated the quarterly cash payment rates to levels that existed prior to the April 9, 2020 Board meeting effective as of the Board’s third quarter 2020 cash payments |
| Leggett & Platt, Incorporated | $4,280 | Public: S&P 500 | Consumer Durables and Apparel | Furlough of Employees | Announced furloughs in April |
| Starbucks Corporation | $23,518 | Public: S&P 500 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | Pledged to pay workers regardless of branch closings starting on March 15. Extended this pledge through May 3. Catastrophe Pay will be extended through May 31 for employees who have been diagnosed or exposed to COVID-19 |
| Starbucks Corporation | $23,518 | Public: S&P 500 | Consumer Services | Non-Executives: Additional Payments for On-Site Employees | Additional $3 per hour for shifts worked as scheduled Mar. 21-May 31. If an employee has made the decision to not work at this time, they can continue to use catastrophe pay through May 3 |
| Starbucks Corporation | $23,518 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | Temporarily suspended our share repurchase program |
| Starbucks Corporation | $23,518 | Public: S&P 500 | Consumer Services | Expanded Benefits Programs | Offering 20 free therapy sessions a year to all employees. Expanded childcare benefits, Providing hardship grants |
| McDonald’s Corporation | $19,208 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO voluntarily offered a 50% reduction in his base salary for the period April 15, 2020 to September 30, 2020 |
| McDonald’s Corporation | $19,208 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | NEOs offered a 25% reduction in their base salaries for the period April 15, 2020 to September 30, 2020 |
| McDonald’s Corporation | $19,208 | Public: S&P 500 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | Committed to cover sick leave for any corporate-owned employees for two weeks (5% to 10% of McDonald’s stores globally) who are asked to quarantine for two weeks. Excludes franchised locations |
| McDonald’s Corporation | $19,208 | Public: S&P 500 | Consumer Services | Non-Executives: One-Time Bonus | Gave employees in corporate stores a 10% bonus in May |
| McDonald’s Corporation | $19,208 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | Suspended share repurchase program in March in order to preserve financial flexibility |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Shortened 2020 performance period by 3 months (by ending February 23) to exclude the pandemic; Target bonus opportunity for participants under the annual incentive plan for fiscal 2020 would be based on the target annual incentive opportunities approved by the Compensation Committee in June 2019; Calculated target bonus without taking into consideration the temporary salary reductions that were implemented as part of the Company’s response to the COVID-19 pandemic; Revised go forward incentive plan – Any payouts under the fiscal 2021 annual incentive plan will be based on financial results against pre-determined goals, but with (a) those goals being set at a later date once there is more visibility into performance expectations and (b) the ability to modify payouts based on an assessment of management’s performance in the first half of fiscal 2021 positioning the Company for success in the second half of the fiscal year and in the long-term; Adopting a “One Company” approach in 2021 by removing business unit component. On December 15, 2020, established rules to measure fiscal 2021 performance results for the annual incentive plan and determined that performance for the second half of the fiscal year will be determined using a single performance measure. The performance results for the second half of the year may be adjusted up or down by no more than 20% of target amount based on performance results with respect to the first half of fiscal 2021 as determined by the Compensation Committee based on the subjective performance criteria established in the AIP document for fiscal 2021 |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO base salary reduced to 100% $14,750 annually, effective March 23. Restored CEO salary starting June 1 after 2-month salary cut |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | The base salary for each NEO, other than the President/CEO, will be reduced by 50%, effective April 13. Restored salary reductions starting June 1 after 2-month salary cut |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Board of Directors: Reduced Pay | Company reduced cash compensation by 50% to non-employee directors effective April 13. Restored compensation starting June 1 after 2-month salary cut |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Non-Executives: Reduced Pay | All remaining team members and senior operations leaders will be taking a pay reduction |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Non-Executives: Suspended Raises and/or Bonuses | No merit-based salary increases will be granted for fiscal 2021; No increases will be made to target annual incentive opportunities for fiscal 2021; No increases will be made to target long-term incentive grant values for fiscal 2021. |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | Implemented an Emergency Pay Program. For first two weeks, pay was based on the average hours worked over the previous 13 weeks. Extended program for a third week of 50% pay for hourly workers |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Non-Executives: Additional Payments for On-Site Employees | All hourly team members who are still working in our restaurants will receive an extra $10 per day beginning in April for an unspecific time period |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Furlough of Employees | We will be furloughing some of our team members at the support center and reducing pay for the remaining team members. Employees with retain their medical benefits, while earning 100% of their regular pay for the first week and 50% for the next three weeks of their furlough |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Expanded Benefits Programs | Implemented paid sick leave program to all employees. Created an emergency pay program to supplement permanent paid sick leave policy for all hourly employees |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Executives: Suspended Raises and/or Bonuses | No merit-based salary increases will be granted for fiscal 2021; No increases will be made to target annual incentive opportunities for fiscal 2021; No increases will be made to target long-term incentive grant values for fiscal 2021. |
| Darden Restaurants, Inc. | $7,807 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended quarterly cash dividend. The Board of Directors intends to review the Company’s quarterly cash dividend policy as developments warrant |
| Chipotle Mexican Grill, Inc. | $5,985 | Public: S&P 500 | Consumer Services | Non-Executives: One-Time Bonus | Offered a $500 one-time Manager Assistance Bonus to our Restaurateurs and General Managers and $250 to our Apprentices who work through the month of April |
| Chipotle Mexican Grill, Inc. | $5,985 | Public: S&P 500 | Consumer Services | Non-Executives: Additional Payments for On-Site Employees | Effective March 16, offered a 10% increase in hourly pay for restaurant employees through May 24. The company extended the end date through June 7 then let it expire |
| Chipotle Mexican Grill, Inc. | $5,985 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | As sales fell quickly from the impact of COVID-19, we proactively implemented a number of actions to reduce cash outlays and expenses, including the suspension of our stock buyback program |
| Chipotle Mexican Grill, Inc. | $5,985 | Public: S&P 500 | Consumer Services | Expanded Benefits Programs | Expanded emergency leave benefits to accommodate those directly affected by COVID-19. These individuals may receive pay equal to their upcoming 2-week schedule or average hours worked, whichever is greater |
| Yum! Brands, Inc. | $5,652 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO agreed to forgo 100% of salary compensation for the rest of 2020 and will use those funds to pay out $1,000 bonuses to general managers at company-operated businesses |
| Yum! Brands, Inc. | $5,652 | Public: S&P 500 | Consumer Services | Non-Executives: One-Time Bonus | One-time $1,000 bonus for nearly 1,200 RGMs at company-owned KFC, Pizza Hut, Taco Bell and The Habit Burger Grill restaurants |
| Yum! Brands, Inc. | $5,652 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | Suspended share repurchase program |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | Implemented salary and benefit reductions across the company, including senior management |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | Implemented salary and benefit reductions across the company, including senior management |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Non-Executives: Reduced Pay | Implemented salary and benefit reductions across the company, including senior management |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Reduced Workforce | Implemented a combination of layoffs, furloughs, reduced work weeks and salary and benefit reductions across the company, including senior management |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Furlough of Employees | Implemented a combination of layoffs, furloughs, reduced work weeks and salary and benefit reductions across the company, including senior management |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | The Company suspended the repurchase of the common stock. |
| Carnival Corporation & plc | $5,594 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | The Company suspended dividend payments on the common stock |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | 100% of base salary for the remaining pay periods in 2020 will be granted in restricted stock units, instead of cash |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | 100% of base salary for the remaining pay periods in 2020 will be granted in restricted stock units, instead of cash |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Board of Directors: Reduced Pay | Compensation paid in RSUs during 2020 |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Non-Executives: Suspended Raises and/or Bonuses | Cancellation of merit pay increases |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Reduced Workforce | Laid off workers will maintain benefits through June 30 |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Furlough of Employees | Furloughed employees will have their health plans run through June 30th. To mitigate some of the impact, paying Flexible Time Off employees on furlough for two weeks and allowing hourly workers to use available Paid Time Off. Some of the 63,000 employees it has furloughed may be let go permanently starting in August |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Expanded Benefits Programs | All furloughed employees enrolled in the MGM Resorts Health Plan will now receive continued benefits – with no employee contributions for the premiums – through August 31, 2020. In addition, the Company is continuing to process grants for employee expenses like rent, mortgage payments, groceries and utilities through the Employee Emergency Grant Fund |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Executives: Suspended Raises and/or Bonuses | Cancellation of merit pay increases |
| MGM Resorts International | $4,917 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Starting with its dividend for the second quarter of 2020, dividend lowered to $0.01 per share or less |
| Domino’s Pizza, Inc. | $3,911 | Public: S&P 500 | Consumer Services | Expanded Workforce | Looking to hire 10,000 people to meet delivery demands |
| Domino’s Pizza, Inc. | $3,911 | Public: S&P 500 | Consumer Services | Expanded Benefits Programs | Expanding paid leave for full and part time hourly employees of company-owned stores and supply chain centers (6% of employees) |
| Las Vegas Sands Corp. | $3,612 | Public: S&P 500 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | Extending pay for Las Vegas Sands employees until at least May 17 |
| Las Vegas Sands Corp. | $3,612 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Announced April 17 that it is suspending its dividend |
| Norwegian Cruise Line Holdings Ltd. | $2,751 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | On June 3, extended salary reductions of 20% for NEOs from 3 months to 6 months through September 27 |
| Norwegian Cruise Line Holdings Ltd. | $2,751 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | On June 3, extended salary reductions of 20% for NEOs from 3 months to 6 months through September 27 |
| Norwegian Cruise Line Holdings Ltd. | $2,751 | Public: S&P 500 | Consumer Services | Non-Executives: Reduced Pay | Salaries reduced 20% for all shoreside employees at least April 2020 through June 2020 |
| Norwegian Cruise Line Holdings Ltd. | $2,751 | Public: S&P 500 | Consumer Services | Suspended 401(k) Match | Paused employer 401(k) match contribution |
| Norwegian Cruise Line Holdings Ltd. | $2,751 | Public: S&P 500 | Consumer Services | Furlough of Employees | Furloughed more than 7,300 colleagues in total which equates to approximately 90% of its workforce and 20% of corporate employees May 1 through July 31. While on furlough, employees will not receive salary or hourly wages, but will continue to receive health benefit coverage |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary through the end of September |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | CFO and two other executives are taking a 25% pay cut through September 30, 2020 |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Board of Directors: Reduced Pay | Board of Directors will forgo 100% of cash retainers and fees payable for Board and committee service, effective from April 1 through September 30 |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Reduced Workforce | We have reduced and furloughed our workforce, with approximately 23% of our US shoreside employee base being impacted |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Furlough of Employees | We have reduced and furloughed our workforce, with approximately 23% of our US shoreside employee base being impacted |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | Suspended stock buybacks |
| Royal Caribbean Group | $2,209 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended its dividend |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary for 2020 |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Executives: Reduced Executive Chairman Pay | Chairman is forgoing 100% of salary for 2020 |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | Executive pay will be cut 50% |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Non-Executives: Reduced Pay | Corporate employees are subject to 20% pay cuts and reduced work weeks |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Furlough of Employees | Furloughed two-thirds of its U.S. and global corporate staff and tens of thousands of other hotel staff. Corporate-staff furloughs will last 60 to 90 days. During that period, furloughed U.S. corporate employees will receive 20% of their salary toward health-care and other costs |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Other | Delay paying matching contributions it was scheduled to deposit in participants’ accounts on March 10 until September |
| Marriott International, Inc. | $2,119 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended its dividend, though its previously declared Q1 dividend will be paid |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Annual Incentive Plan Changes | Revised go forward incentive plan – The Committee established significantly reduced target incentive levels of each NEOs’ annual bonus target |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Long-Term Incentive Plan Changes | As the Company’s business conditions become clearer throughout the remainder of 2020 and early 2021, the Committee intends to reset the long-term performance targets for Named Executive Officers and may make additional long-term incentive arrangements tied to such targets |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Executives: Granted Discretionary Award | The Committee has approved a one-time restricted stock grant to retain and motivate its key employees, including NEOs, for the remainder of 2020 and a substantial portion of 2021, a period that is expected to be characterized by significant operating uncertainty |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary in exchange for shares for the rest of 2020 |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | Executives will reduce salaries by 33% – 100% |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Board of Directors: Reduced Pay | Salary reduced |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | Committed to paying full-time Wynn and Encore employees during two week closure beginning March 17 |
| Wynn Resorts, Limited | $2,096 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended its dividend |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – With respect to the non-financial components of the 2020 annual cash incentive, the Committee may exercise its discretion in evaluating executives based on the Company’s post-pandemic priorities of protecting our people and business and preparing for recovery. |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Due to these unforeseen circumstances and global economic conditions, the Company’s achievement of the performance targets for the 2018 performance awards became impossible and the achievement of the performance targets for the 2019 and 2020 performance awards highly unlikely, which would result in a zero payout under the Company’s 2018, 2019 and 2020 performance awards. A zero payout for the performance awards would fail to recognize strong performance in the two years prior to the pandemic where results exceeded the target payout, as well as shareholder value created during the overall performance period through the modification date, and limit the Company’s ability to retain senior business leaders and drive long-term performance. As a result, the Committee sought to effectively replace the original 2018, 2019 and 2020 performance awards and approved modifications on December 22, 2020 |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary for the remainder of 2020 |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Executives: Reduced Other Executive Base Salary | Executive Committee will take a pay cut of 50% for the duration of the crisis |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Non-Executives: Reduced Pay | Corporate Team Members who are not furloughed will have their pay reduced by up to 20% for the duration of the crisis |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Reduced Workforce | Cut 22% of global workforce |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Furlough of Employees | Beginning April 4, many of Hilton’s corporate Team Members will have reduced schedules or be furloughed for up to 90 days. During this time, these Team Members will maintain their health benefits and subject to local regulations, will also be eligible for unemployment benefits |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Suspended Buyback Program | Suspended all share buybacks |
| Hilton Worldwide Holdings Inc. | $1,600 | Public: S&P 500 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended dividend payments, other than those previously declared, on March 26 |
| Berkshire Hathaway Inc. | $247,981 | Public: S&P 500 | Diversified Financials | Non-Executives: Reduced Pay | These actions have included wage and salary reductions |
| Berkshire Hathaway Inc. | $247,981 | Public: S&P 500 | Diversified Financials | Furlough of Employees | These actions have included employee furloughs |
| Morgan Stanley | $48,198 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Suspended share buybacks for the rest of the first quarter and the second quarter of 2020 |
| Morgan Stanley | $48,198 | Public: S&P 500 | Diversified Financials | Other | There will not be a reduction in force at Morgan Stanley in 2020, aside from a performance issue or a breach of the Code of Conduct |
| The Goldman Sachs Group, Inc. | $41,462 | Public: S&P 500 | Diversified Financials | Reduced Workforce | Plans to eliminate roughly 1% of its workforce, or roughly 400 positions |
| The Goldman Sachs Group, Inc. | $41,462 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Suspended share buybacks for the rest of the first quarter and the second quarter of 2020 |
| The Goldman Sachs Group, Inc. | $41,462 | Public: S&P 500 | Diversified Financials | Expanded Benefits Programs | 10 days of paid family leave to care for children or elderly parents who are at home during the coronavirus pandemic |
| American Express Company | $31,357 | Public: S&P 500 | Diversified Financials | Other | Committed to no layoffs in 2020 |
| Capital One Financial Corporation | $18,259 | Public: S&P 500 | Diversified Financials | Non-Executives: Additional Payments for On-Site Employees | Branch employees who continue to work on-site will receive an additional $10 per hour. Other customer support employees, like call center staff, would receive an extra $5 per hour |
| Capital One Financial Corporation | $18,259 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Suspended share buyback program on March 13 effective April 1 through the program’s expiration at the end of the second quarter of 2020 |
| The Bank of New York Mellon Corporation | $15,472 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Suspended share buybacks for the rest of the first quarter and the second quarter of 2020 |
| The Charles Schwab Corporation | $11,691 | Public: S&P 500 | Diversified Financials | Non-Executives: One-Time Bonus | $1,000 payment to all non-officer employees to help them cover extraordinary costs incurred due to the pandemic |
| State Street Corporation | $11,615 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Suspended share buybacks for the rest of the first quarter and the second quarter of 2020 |
| Raymond James Financial, Inc. | $7,757 | Public: S&P 500 | Diversified Financials | Non-Executives: Guaranteed Pay Continuity | Paying all employees their full salaries whether they can work or not, up to the lesser of 14 days or when school is back in session. |
| Raymond James Financial, Inc. | $7,757 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Share buybacks have been suspended since mid-March |
| S&P Global Inc. | $7,442 | Public: S&P 500 | Diversified Financials | Expanded Benefits Programs | Expanded care leave and minimum sick leave to two weeks, supported global work-from-home arrangements by providing a technology subsidy to accommodate the WFH environment, and extended their Employee Assistance Program to provide wider access to mental health services. It has also committed pay employees who contract COVID-19, and is extending vacation carryover |
| Northern Trust Corporation | $5,976 | Public: S&P 500 | Diversified Financials | Non-Executives: One-Time Bonus | One-time supplemental payment to certain employees in response to the COVID-19 pandemic |
| Northern Trust Corporation | $5,976 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | On March 16, 2020, the Corporation announced the temporary suspension of repurchases of common stock under its share repurchase program |
| Discover Financial Services | $5,954 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | The company suspended its share repurchase program in March 2020 in recognition of the economic environment at that time and will not repurchase shares during the third quarter of 2020 |
| Synchrony Financial | $5,852 | Public: S&P 500 | Diversified Financials | Non-Executives: One-Time Bonus | Associates and front-line leaders within our contact centers, will receive a one-time, special bonus |
| Synchrony Financial | $5,852 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Suspended remaining authorized share repurchase |
| Synchrony Financial | $5,852 | Public: S&P 500 | Diversified Financials | Expanded Benefits Programs | Expanded our backup emergency care benefit. Covering the cost of co-pays for virtual doctor visits. Added on-site healthcare professionals at largest office. Added complimentary meals for our teams in our contact centers |
| Franklin Resources, Inc. | $5,567 | Public: S&P 500 | Diversified Financials | Executives: Reduced CEO Base Salary | Effective April 13, 2020, the base salary of each NEO was reduced by 20%. Base salaries were restored October 1, 2020 to prior fiscal year 2020 amounts |
| Franklin Resources, Inc. | $5,567 | Public: S&P 500 | Diversified Financials | Executives: Reduced Other Executive Base Salary | Effective April 13, 2020, the base salary of each NEO was reduced by 20%. Base salaries were restored October 1, 2020 to prior fiscal year 2020 amounts |
| Moody’s Corporation | $5,371 | Public: S&P 500 | Diversified Financials | Suspended Buyback Program | Company has suspended share repurchases |
| Chevron Corporation | $94,471 | Public: S&P 500 | Energy | Reduced Workforce | Cut 10% to 15% of its 45,000 global workforce on May 27 |
| Chevron Corporation | $94,471 | Public: S&P 500 | Energy | Suspended Buyback Program | Suspended share repurchase plan |
| Marathon Petroleum Corporation | $69,897 | Public: S&P 500 | Energy | Suspended Buyback Program | Share repurchases have temporarily been suspended |
| Phillips 66 | $64,129 | Public: S&P 500 | Energy | Suspended Buyback Program | Temporarily suspended share repurchases effective March 18 |
| Schlumberger Limited | $23,601 | Public: S&P 500 | Energy | Annual Incentive Plan Changes | Modified 2020 annual cash incentive plan to replace the adjusted EPS performance metric that it had approved earlier in the year with a 2020 adjusted EBITDA metric. The company also modified the minimum threshold cash flow generation target. As a result of these changes, for 2020 officer compensation, 40% of the officers’ target annual cash incentive opportunity will be based on achievement of cash flow generation targets and 30% will be based on achievement of adjusted EBITDA targets. The 30% target annual cash incentive opportunity based on achievement of pre-established key personal objectives as set earlier in the year remains unchanged. |
| Schlumberger Limited | $23,601 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | Executives will take a voluntary 20% base salary reduction, starting April 1 |
| Schlumberger Limited | $23,601 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Base Salary | Executives will take a voluntary 20% base salary reduction, starting April 1 |
| Schlumberger Limited | $23,601 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | Reduced directors cash compensation |
| Schlumberger Limited | $23,601 | Public: S&P 500 | Energy | Reduced Workforce | Over 600 employees will be laid off in Texas and Oklahoma |
| Schlumberger Limited | $23,601 | Public: S&P 500 | Energy | Furlough of Employees | Furloughs over the next couple of months |
| Baker Hughes Company | $20,705 | Public: S&P 500 | Energy | Reduced Workforce | Laid off more than 200 people |
| ConocoPhillips | $19,216 | Public: S&P 500 | Energy | Non-Executives: Suspended Raises and/or Bonuses | Executive and employee pay increases granted earlier in 2020 will be canceled and everyone will be paid at 2019 levels |
| ConocoPhillips | $19,216 | Public: S&P 500 | Energy | Suspended Buyback Program | Suspended share buybacks |
| ConocoPhillips | $19,216 | Public: S&P 500 | Energy | Executives: Suspended Raises and/or Bonuses | Executive and employee pay increases granted earlier in 2020 will be canceled and everyone will be paid at 2019 levels |
| Occidental Petroleum Corporation | $17,809 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | Salary reduced by 81% |
| Occidental Petroleum Corporation | $17,809 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Base Salary | Executive pay will be cut by 68% on – base salary cap of $250,000 |
| Occidental Petroleum Corporation | $17,809 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | 15% reduction in in all remaining 2019-2020 non-employee director compensation |
| Occidental Petroleum Corporation | $17,809 | Public: S&P 500 | Energy | Non-Executives: Reduced Pay | Cut pay by 30% for all U.S employees |
| Occidental Petroleum Corporation | $17,809 | Public: S&P 500 | Energy | Non-Executives: Suspended Raises and/or Bonuses | Employee Bonuses & Perks are being suspended |
| Occidental Petroleum Corporation | $17,809 | Public: S&P 500 | Energy | Suspended or Reduced Dividend Payments | Reduced quarterly dividend by 86% effective July 2020 |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | Reduced executive salaries |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Base Salary | Reduced executive salaries |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | Reduced pay |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Non-Executives: Suspended Raises and/or Bonuses | Halting pay raises for employees |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Suspended 401(k) Match | Suspended certain contributions made to employee retirement accounts |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Reduced Workforce | Cut more than 1,000 jobs |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Furlough of Employees | Furloughed 3,500 employees |
| Halliburton Company | $14,445 | Public: S&P 500 | Energy | Executives: Suspended Raises and/or Bonuses | Halting pay raises for employees |
| HollyFrontier Corporation | $11,184 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | CEO salary reduced 10% July 1 to December 31 |
| HollyFrontier Corporation | $11,184 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | Cash compensation reduced 10% July 1 to December 31 |
| Pioneer Natural Resources Company | $7,024 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | 20% decrease in salary of CEO for indefinite duration |
| Pioneer Natural Resources Company | $7,024 | Public: S&P 500 | Energy | Executives: Reduced CEO Incentive Compensation | Implemented reductions in estimated cash incentive compensation |
| Pioneer Natural Resources Company | $7,024 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Base Salary | 15% decrease in salaries of the Company’s other executive officers and a 10% decrease in the annual base salaries of other officers for indefinite duration |
| Pioneer Natural Resources Company | $7,024 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Incentive | Implemented reductions in estimated cash incentive compensation |
| Pioneer Natural Resources Company | $7,024 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | 20% decrease in directors’ cash base retainer fee, as well as a 20% reduction in the additional cash retainer fees payable to the Chairman of the Board and the Chairman of the Audit Committee for indefinite duration |
| Pioneer Natural Resources Company | $7,024 | Public: S&P 500 | Energy | Suspended 401(k) Match | Under the 401(k) Plan, the Company’s contribution for each dollar of base compensation contributed by the participant not in excess of five percent of such participant’s base compensation will be reduced from 200 percent to 100 percent. Under the Deferred Compensation Plan, the Company’s contribution for each eligible dollar of base salary and annual cash bonus contributed will be reduced from 100 percent to 50 percent |
| NOV Inc. | $6,090 | Public: S&P 500 | Energy | Suspended or Reduced Dividend Payments | Announced that during its regularly-scheduled meeting, the Board of Directors elected to suspend the Company’s quarterly dividend until further notice |
| Hess Corporation | $4,543 | Public: S&P 500 | Energy | Annual Incentive Plan Changes | Reducing E&P capital and exploratory budget for 2020 by 37% to $1.9 billion. Reduced the maximum payout under the Annual Incentive Plan from 200% to 50% of target. Approved adjustments to weightings and targets for certain annual enterprise-level metrics to reflect the Company’s shift in priorities given the economic crisis |
| Devon Energy Corporation | $4,503 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | Implemented executive pay reductions |
| Devon Energy Corporation | $4,503 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Base Salary | Implemented executive pay reductions |
| Devon Energy Corporation | $4,503 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | Implemented pay reductions |
| Devon Energy Corporation | $4,503 | Public: S&P 500 | Energy | Suspended Buyback Program | Devon has suspended its share repurchase program to preserve liquidity in light of the COVID-19 pandemic |
| Apache Corporation | $4,308 | Public: S&P 500 | Energy | Suspended or Reduced Dividend Payments | Reduced quarterly dividend 90%, effective for all dividends payable after March 12 |
| Marathon Oil Corporation | $3,122 | Public: S&P 500 | Energy | Executives: Reduced CEO Base Salary | NEOs and certain other members of the Company’s executive leadership team will experience temporary base salary reductions of 10% from May 4 through December 31. The temporarily adjusted base salaries will not be used to calculate annual cash bonus or severance benefits, which are partially or wholly derived based on base salary |
| Marathon Oil Corporation | $3,122 | Public: S&P 500 | Energy | Executives: Reduced Other Executive Base Salary | NEOs and certain other members of the Company’s executive leadership team will experience temporary base salary reductions of 10% from May 4 through December 31. The temporarily adjusted base salaries will not be used to calculate annual cash bonus or severance benefits, which are partially or wholly derived based on base salary |
| Marathon Oil Corporation | $3,122 | Public: S&P 500 | Energy | Board of Directors: Reduced Pay | Reduction of annual cash retainer fees for non-employee directors of 20% for the third and fourth quarter of 2020 |
| Diamondback Energy, Inc. | $2,806 | Public: S&P 500 | Energy | Suspended Buyback Program | Company has suspended its previously announced share repurchase program |
| Walmart Inc. | $523,964 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: Guaranteed Pay Continuity | Employees will receive two weeks of pay in event of store closure or if they contract the virus or are required to quarantine due to the virus |
| Walmart Inc. | $523,964 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: One-Time Bonus | Granted $300 for all full-time and $150 for all part-time store associates in March. The next scheduled quarterly bonus will be paid a month early. Announced May 12 that the company plans to provide another special cash bonus for all U.S. hourly associates; The bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates |
| Walmart Inc. | $523,964 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: Additional Payments for On-Site Employees | On March 19, increased wages by $2 per hour through Memorial Day for its entry level employees in its e-commerce warehouses. Extended the end date from May 25 to July 3 |
| Walmart Inc. | $523,964 | Public: S&P 500 | Food and Staples Retailing | Expanded Workforce | Company plans to partner with 70 other organizations to hire 200,000 additional employees by the end of May |
| Walmart Inc. | $523,964 | Public: S&P 500 | Food and Staples Retailing | Expanded Benefits Programs | Employees diagnosed with COVID-19 or placed in quarantine will receive up to two weeks of pay. If they’re not able to return to work after that time, additional pay replacement may be provided for up to 26 weeks for both full-time and part-time hourly associates |
| Costco Wholesale Corporation | $166,761 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: Additional Payments for On-Site Employees | Additional $2 per hour for hourly employees during the five-week period starting March 2. Also increased overtime pay |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Annual Incentive Plan Changes | Revised current, in-process incentive plan – To recognize the extraordinary efforts of our teams during fiscal 2020, the Compensation and Leadership Performance Committee decided to consider an average of the pre-COVID results for the first six months of fiscal 2020 and the results of the balanced scorecard for the final six months of fiscal 2020, resulting in a payment of 84% of target, while Company performance for full year fiscal 2020 would have resulted in no MIP payout due to the impact of COVID-19 during the last six months of fiscal 2020 |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Reviewed progress against the performance goals considering performance through the pre-COVID period through the end of February 2020 (the first thirty months of the thirty-six-month performance period or “Pre-COVID”) as well as the performance in the last six months of the performance period that was impacted by COVID-19. Projected performance based on the Company’s performance pre-COVID would have resulted in a Performance Share payout at 101.7%, while Company performance for the full performance period would have resulted in no Performance Share payout; Revised Go Forward Incentive Plan – For fiscal 2021, changed LTI metrics to 70% EPS growth based on three one-year growth targets with a simple average of the three years and 30% Revenue Growth based on three one-year growth targets with a simple average of the three years from 100% Cumulative EPS over a three-year performance period |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Executives: Reduced CEO Incentive Compensation | The CEO requested that the Compensation and Leadership Performance Committee not grant him any long-term equity incentive awards (or any other direct compensation) in fiscal 2021. Accordingly, Mr. Pessina did not participate in the November 2021 long-term equity incentive grants |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: Guaranteed Pay Continuity | Ensuring that if a store, area office, distribution center or other company workplace location falls under a mandated quarantine, any impacted team members will be paid for their absence without requiring the use of PTO |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: One-Time Bonus | Awarding a one-time bonus for hourly workers in stores and distribution centers, beginning in late April for team members who are actively employed at that time |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Expanded Workforce | Will hire more than 9,500 existing full- and part-time and temporary roles in stores across the U.S., including customer service associates, pharmacy technicians and shift leads |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Furlough of Employees | Implemented furloughs both domestically and internationally |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Suspended Buyback Program | The company announced that it was suspending activity under its share repurchase program |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Expanded Benefits Programs | Paying team members for up to the first two weeks of their absence if they contract a confirmed case of COVID-19. The team member will not be required to use paid time off (PTO) or vacation time, and/or apply for disability benefits during this time |
| Walgreens Boots Alliance, Inc. | $139,537 | Public: S&P 500 | Food and Staples Retailing | Executives: Suspended Raises and/or Bonuses | For fiscal 2021, the Compensation and Leadership Performance Committee did not increase the salary of any of the Company’s named executive officers in light of the impact of COVID-19 on our business and the uncertainty of its future impact |
| The Kroger Co. | $122,286 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: One-Time Bonus | Granted $300 for all full-time and $150 for all part-time store associates. One-time Thank You Pay, which will be $400 for qualified full-time associates and $200 for qualified part-time associates, will be paid out in two installments on May 30 and June 18 |
| The Kroger Co. | $122,286 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: Additional Payments for On-Site Employees | Provide a $2.00/hour increase for to all associates for all hours worked, effective March 29 through May 16, but announced a one-time bonus when hazard pay expired |
| The Kroger Co. | $122,286 | Public: S&P 500 | Food and Staples Retailing | Expanded Workforce | Plans to hire an additional 20,000 workers |
| The Kroger Co. | $122,286 | Public: S&P 500 | Food and Staples Retailing | Suspended Buyback Program | Suspended share buybacks |
| The Kroger Co. | $122,286 | Public: S&P 500 | Food and Staples Retailing | Expanded Benefits Programs | Expanded paid sick leave to workers diagnosed with coronavirus or under mandatory quarantine |
| Sysco Corporation | $52,893 | Public: S&P 500 | Food and Staples Retailing | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Discretionary increase to the 2020 strategic bonus objectives in recognition of significant efforts managing the Company through the pandemic; Bifurcated fiscal 2021 into two discreet performance periods; The Committee granted STIP awards to the executive officers with respect to the first half of the year and expects to grant bonus awards for the second of the year prior to the end of the first period; Incentive payments for the first half will be based: 25% on market share growth, 25% on operations productivity; and 50% on the participant’s progress with strategic objectives; The maximum 2021 payout of 150% represents a reduction from the 200% maximum under the 2020 program; The Committee expects to return to its historical grant practices for fiscal 2022. |
| Sysco Corporation | $52,893 | Public: S&P 500 | Food and Staples Retailing | Long-Term Incentive Plan Changes | 2021 LTI awards consist of PSUs (50%), stock options (30%), and RSUs (20%); 2021 PSUs have a 2-year performance period that will be based on strategic performance targets of cost reduction, market share growth, and digital commerce, subject to a modifier tied to the Company’s TSR; The Committee expects to return to its historical grant practices for fiscal 2022 |
| Sysco Corporation | $52,893 | Public: S&P 500 | Food and Staples Retailing | Non-Executives: Additional Payments for On-Site Employees | Additional pay for our front-line essential workers |
| Sysco Corporation | $52,893 | Public: S&P 500 | Food and Staples Retailing | Furlough of Employees | Furloughed employees were temporarily hired by Kroger for 30 days. Sysco said it would continue to pay benefits to its non-union employees who are furloughed |
| Sysco Corporation | $52,893 | Public: S&P 500 | Food and Staples Retailing | Suspended Buyback Program | Suspended its share buyback program |
| PepsiCo, Inc. | $70,372 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Guaranteed Pay Continuity | Committed to compensate employees if a facility closes 100% of pay for up to 12 weeks |
| PepsiCo, Inc. | $70,372 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | Increased certain employees’ pay by at least $100 a week for the month of April |
| PepsiCo, Inc. | $70,372 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Workforce | Plan to hire 6,000 permanent workers over the coming months |
| PepsiCo, Inc. | $70,372 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Benefits Programs | Employees will receive an additional 2 weeks paid leave for coronavirus-related absences and childcare assistance equal to at least two-thirds of their pay for up to 10 weeks or a $100 daily reimbursement if they have children enrolled in closed schools. Additionally, in April and May, The PepsiCo Foundation is offering a two-to-one matching program for all employee charitable contributions to select nonprofits providing COVID-19 relief globally |
| Archer-Daniels-Midland Company | $64,355 | Public: S&P 500 | Food, Beverage and Tobacco | Furlough of Employees | Closed its 90-employee corn ethanol plant for at least four months. Workers will get medical benefits during the furloughs |
| Tyson Foods, Inc. | $43,185 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | Company will pay $1,000 bonuses to approximately 116,000 domestic frontline employees, totaling roughly $120 million, with half anticipated to be ship in May and half in July |
| Tyson Foods, Inc. | $43,185 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Benefits Programs | Implementing changes to help hourly team members, including: Eliminating any punitive effect for missing work due to illness; Waiving the 5 consecutive day waiting period for Short Term Disability benefits; Waiving the co-pay, co-insurance and deductible for doctor visits for COVID-19 testing as well as eliminating pre-approval or preauthorization steps; Waiving co-pays for the use of telemedicine; Relaxing refill limits for 30 day prescriptions of maintenance medication |
| Tyson Foods, Inc. | $43,185 | Public: S&P 500 | Food, Beverage and Tobacco | Other | The Compensation Committee determined that participants in the Executive Incentive Plan, including the NEOs, should receive additional incentive compensation to recognize their extraordinary efforts during an unprecedented time. Accordingly, the participants in the Executive Incentive Plan, including the NEOs, received an additional grant of restricted stock units (“RSU”). The value of the additional RSU grant approximated the decreased payout under the Executive Incentive Plan from the impact of the direct incremental expenses related to COVID-19. The RSUs vest in two annual installments subject to the NEO’s continued employment through the applicable vesting dates. With respect to the Company’s separate broad-based annual incentive program, the direct incremental expenses related to COVID-19 were deemed extraordinary and unusual and therefore were excluded from Adjusted Operating Income, which increased the cash payout under that program |
| Mondelez International, Inc. | $26,581 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | Sales representatives will also a bonus of $125 per week. Increased hourly wages by $2 through May 2 for distribution, manufacturing and sales workers |
| Mondelez International, Inc. | $26,581 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Workforce | Plans to add 1,000 distribution and sales workers to the roster in the coming months |
| Mondelez International, Inc. | $26,581 | Public: S&P 500 | Food, Beverage and Tobacco | Suspended Buyback Program | Suspended the share repurchase program in March |
| Mondelez International, Inc. | $26,581 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Benefits Programs | Any workers impacted by the coronavirus outbreak will receive two additional weeks of paid leave |
| The Kraft Heinz Company | $26,185 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | $100 per week factory worker stipend during pandemic in the U.S., Canada and Europe |
| The Kraft Heinz Company | $26,185 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Benefits Programs | Employees required to quarantine will receive short-term disability benefits with waived waiting periods, waiver of co-pays for coronavirus medical care, and $100 weekly childcare subsidy for workers in districts where schools have closed |
| Altria Group, Inc. | $20,841 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Guaranteed Pay Continuity | During shutdown all employees will be paid; additional pay will be considered down the line (effective 3/20) |
| Altria Group, Inc. | $20,841 | Public: S&P 500 | Food, Beverage and Tobacco | Suspended Buyback Program | To save cash, its board also decided to rescind its $1 billion share buyback program that had $500 million remaining |
| General Mills, Inc. | $17,627 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Benefits Programs | Additional $500 match for employees who participate in charitable gift matching program. Paid leave policies and bonus plans for certain production employees |
| Conagra Brands, Inc. | $11,054 | Public: S&P 500 | Food, Beverage and Tobacco | Annual Incentive Plan Changes | Reallocated approximately 3.2 points of the funded bonus pool toward greater individual recognition of employees who worked most directly on the company’s COVID-19 response, and to fund the pool at 135% of target for the balance of the AIP eligible population |
| Conagra Brands, Inc. | $11,054 | Public: S&P 500 | Food, Beverage and Tobacco | Long-Term Incentive Plan Changes | Revised go forward incentive plan – In connection with the implementation of the fiscal 2021 – 2023 cycle of the performance share plan (approved in July 2020), adopted a staged approach to goal setting. As will be more fully described in the company’s fiscal 2021 proxy statement, program payouts for the fiscal 2021 to 2023 PSP will ultimately be based on the company’s performance versus a one-year EPS growth target (fiscal 2021) and a yet-to-be approved two-year target (covering fiscal 2022 to 2023) |
| Conagra Brands, Inc. | $11,054 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | Full-time employees on April 3 in the U.S. will receive a $500 bonus and part-time employees will receive a $250 bonus, with similar amounts provided to employees in Canada and Mexico as a result of negotiations with the UFCW |
| Molson Coors Beverage Company | $9,654 | Public: S&P 500 | Food, Beverage and Tobacco | Suspended or Reduced Dividend Payments | Suspended dividend on May 21 for the remainder of 2020 |
| Hormel Foods Corporation | $9,608 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | The company announced, April 23rd, an additional special bonus including $500 for full-time team members and $150 for part-time team members. Full- and part-time plant production employees will receive $300 bonus for working during crisis |
| Hormel Foods Corporation | $9,608 | Public: S&P 500 | Food, Beverage and Tobacco | Furlough of Employees | Fontanini Foods, a unit of Hormel Foods Corp., announced the company will furlough nearly 150 of its 500 workers until business at the company improves. All affected team members will continue to receive company health benefits during the furlough |
| Campbell Soup Company | $8,691 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | All production line employees are receiving an additional $2 per hour, and frontline supervisors an extra $100 each week |
| Campbell Soup Company | $8,691 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Workforce | The Company is hiring additional workers to meet increased demand |
| The J. M. Smucker Company | $7,801 | Public: S&P 500 | Food, Beverage and Tobacco | Annual Incentive Plan Changes | Revised go forward incentive plan – Introduced net sales as a modifier to adjusted operating income results for the short-term incentive compensation program for fiscal year 2021 to give the Compensation Committee discretion to modify payouts based on achievement of net sales compared to target |
| The J. M. Smucker Company | $7,801 | Public: S&P 500 | Food, Beverage and Tobacco | Long-Term Incentive Plan Changes | Revised go forward incentive plan – Delayed setting the three-year performance targets for the long-term incentive compensation program for fiscal year 2021 until August 2020 |
| The J. M. Smucker Company | $7,801 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Guaranteed Pay Continuity | 12 weeks of full pay and benefits continuation for employees whose manufacturing or distribution facility is closed or whose roles cannot be performed due to the COVID-19 situation |
| The J. M. Smucker Company | $7,801 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | All employees will receive $1,500 |
| The J. M. Smucker Company | $7,801 | Public: S&P 500 | Food, Beverage and Tobacco | Expanded Benefits Programs | Paid sick leave (14 days) will be provided to individuals who must be absent from work to care for dependents or household members who test positive for COVID-19 |
| The J. M. Smucker Company | $7,801 | Public: S&P 500 | Food, Beverage and Tobacco | Executives: Suspended Raises and/or Bonuses | Due to the economic uncertainty caused by the COVID-19 pandemic, our management recommended, and the Compensation Committee approved, not providing executive officers, including the Executive Chairman and the Chief Executive Officer, with salary increases for fiscal year 2021 |
| McCormick & Company, Incorporated | $5,601 | Public: S&P 500 | Food, Beverage and Tobacco | Annual Incentive Plan Changes | The Compensation and Human Capital Committee agreed with management that adjusted EPS should exclude the impact of special charges and transaction and integration expenses, consistent with prior years. In addition, for fiscal 2020, the Committee excluded additional integration expenses associated with the pause in implementing the Company’s global enterprise resource planning replacement program as this pause was due to the COVID-19 pandemic. The Committee made these adjustments for compensation purposes as it does not want employees to benefit from or be penalized for factors outside of their control. |
| Lamb Weston Holdings, Inc. | $3,792 | Public: S&P 500 | Food, Beverage and Tobacco | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Determined that a pro-rated payout based on performance over the first three fiscal quarters of fiscal 2020 (rather than payout at 0% based on results for the full fiscal year was appropriate in order to (i) reward our management team members for their performance during the first three fiscal quarters, when we were on track to essentially meet or exceed all of our financial targets for fiscal 2020 |
| Lamb Weston Holdings, Inc. | $3,792 | Public: S&P 500 | Food, Beverage and Tobacco | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Approved a similar approach for the Company’s fiscal 2020 performance share awards (“PSAs”) as the annual incentive plan, electing to recognize the Company’s performance achieved during the period before our business was negatively impacted by the effects of the COVID-19 pandemic, or our first three fiscal quarters, and then prorating the target award opportunity by three-fourths (i.e., 75% of target) to reflect the condensed period for which performance was evaluated for the first year of the three-year performance period |
| Lamb Weston Holdings, Inc. | $3,792 | Public: S&P 500 | Food, Beverage and Tobacco | Non-Executives: Suspended Raises and/or Bonuses | The Compensation Committee is not making any adjustments to target compensation levels for fiscal 2021 |
| Lamb Weston Holdings, Inc. | $3,792 | Public: S&P 500 | Food, Beverage and Tobacco | Suspended Buyback Program | Company has temporarily suspended share repurchases; resumed share repurchases |
| Lamb Weston Holdings, Inc. | $3,792 | Public: S&P 500 | Food, Beverage and Tobacco | Executives: Suspended Raises and/or Bonuses | The Compensation Committee is not making any adjustments to target compensation levels for fiscal 2021 |
| CVS Health Corporation | $267,908 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: One-Time Bonus | Bonuses will range from $150 to $500 and will be awarded to pharmacists and certain other health care professionals on the frontlines, store associates and managers, and other site-based hourly employees |
| CVS Health Corporation | $267,908 | Public: S&P 500 | Health Care Equipment and Services | Expanded Workforce | In March committed to hiring 50,000 additional full-time, part-time, and temporary roles; over 60,000 hires as of September 1 |
| CVS Health Corporation | $267,908 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | Made 24 hours of paid sick leave available to part-time employees, in addition to 14 days of paid leave for employees that test positive for COVID-19. Will match up to $1 million in employee contributions to the CVS Health Employee Relief Fund |
| UnitedHealth Group Incorporated | $257,141 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Guaranteed Pay Continuity | The Company will continue to pay employees their regular hourly rate/salary fore regularly scheduled hours for periods during which employees are under a mandatory quarantine |
| UnitedHealth Group Incorporated | $257,141 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | The Company will not require employees to take Paid Time Off (PTO) or a leave of absence if they are scheduled to work after being diagnosed with COVID-19 and are subject to a quarantine |
| McKesson Corporation | $231,051 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | In addition, on May 15, 2020 the Compensation Committee implemented a temporary base salary reduction of 10% for all our executive officers, including our NEOs, and business unit presidents to be effective June 1, 2020 |
| McKesson Corporation | $231,051 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Incentive Compensation | Reduced FY 2020 bonus payouts for our executive officers by 16% |
| McKesson Corporation | $231,051 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | In addition, on May 15, 2020 the Compensation Committee implemented a temporary base salary reduction of 10% for all our executive officers, including our NEOs, and business unit presidents to be effective June 1, 2020 |
| McKesson Corporation | $231,051 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Incentive | Reduced FY 2020 bonus payouts for our executive officers by 16% |
| McKesson Corporation | $231,051 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | On June 3, 2020, in light of the disruption and uncertainty created by the evolving COVID-19 pandemic, the Board voluntarily agreed to a 10% reduction in their cash retainers (including the annual cash retainers, Board Chair cash retainer and committee chair retainers) for the last six months of calendar year 2020 |
| McKesson Corporation | $231,051 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | We also expanded temporary employee benefits and incentives targeted for our front-line employees to not only protect their safety, but to provide further support including additional medical benefits, emergency leave as well as added compensation. |
| AmerisourceBergen Corporation | $189,894 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: One-Time Bonus | One-time special bonus at year-end for more than 15,000 associates globally |
| AmerisourceBergen Corporation | $189,894 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Additional Payments for On-Site Employees | The Company announced weekly bonuses for frontline associates |
| AmerisourceBergen Corporation | $189,894 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | The Company enhanced paid time-off for associates needing to quarantine or care for family members |
| Cigna Corporation | $160,550 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Additional Payments for On-Site Employees | U.S.-based employees with worksite-essential roles receive a 20% pay premium with no defined end date |
| Cigna Corporation | $160,550 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | Giving 10 days (80 hours) of emergency paid time off for colleagues for COVID-19 related absences through 2020. This additional time off applies to all full-time benefits-eligible employees |
| Cardinal Health, Inc. | $152,922 | Public: S&P 500 | Health Care Equipment and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – For the fiscal 2020 – 2022 PSU performance cycle, changed approach to setting adjusted non-GAAP EPS goals and added new strategic measures for cost savings and culture. The EPS goal is a three-year cumulative goal. When it made the change, the Committee viewed it as temporary |
| Cardinal Health, Inc. | $152,922 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Additional Payments for On-Site Employees | Provided additional compensation to our frontline teams to demonstrate our gratitude for their unwavering commitment to our customers and to public health |
| Cardinal Health, Inc. | $152,922 | Public: S&P 500 | Health Care Equipment and Services | Executives: Suspended Raises and/or Bonuses | Decided that employees at the Vice President level and above (including our named executives) will not receive base salary increases, while non-supervisory (including frontline) employees will receive standard merit base salary increases |
| Anthem, Inc. | $121,868 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Temporarily suspended share repurchase program given the market volatility |
| Anthem, Inc. | $121,868 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | We have expanded our employee benefits to provide additional support, including up to 80 hours of paid emergency leave if employees are experiencing symptoms of COVID-19 or carrying for young children whose schools have been closed. We are also expanding the use of sick time to include caregiving related to COVID-19 |
| Centene Corporation | $104,176 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: One-Time Bonus | One-time payment of $750 to employees in a small number of critical functions which are performed on-site |
| Centene Corporation | $104,176 | Public: S&P 500 | Health Care Equipment and Services | Expanded Workforce | Looking to fill nearly 2,000 open roles |
| Centene Corporation | $104,176 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | Provide up to three months paid leave for clinical staff who choose to join a medical reserve force |
| Humana Inc. | $77,155 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Additional Payments for On-Site Employees | The Company is providing $5 million in one-time payments to front-line production employees |
| HCA Healthcare, Inc. | $51,533 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO will donate 100% of April and May salary to a fund intended to help employees |
| HCA Healthcare, Inc. | $51,533 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEO and executive officer salaries reduced 30% for the period from April 1, 2020 through May 31, 2020 |
| HCA Healthcare, Inc. | $51,533 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Cash compensation retainers reduced 100% April 1 through December 31 |
| HCA Healthcare, Inc. | $51,533 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | On April 21, the company announced it has suspended the share repurchase program |
| HCA Healthcare, Inc. | $51,533 | Public: S&P 500 | Health Care Equipment and Services | Suspended or Reduced Dividend Payments | On April 21, the company announced it has suspended cash dividends |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | Funded annual incentive plan at 82.8% of target instead of 75.2% for the year for all 63,000 employees in the plan except for our most senior leaders including the NEOs. This payout was calculated based on our performance against our financial goals through the first three quarters of fiscal 2020 weighted 75%, and a zero payout for the fourth quarter weighted 25%. For our most senior leaders, including our NEOs, the Committee did not award an annual cash incentive for the year |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Executives: Granted Discretionary Award | The Committee decided to make a special, one-time grant of unvested stock options in August 2020 to align pay with the performance delivered to our stockholders as our business recovers from the pandemic. These stock options have a ten-year term and vest over four years in equal increments of 25% per year beginning one year after the date of grant. Award values range from $620K to $2.5M |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Incentive Compensation | For our most senior leaders, including our NEOs, the Committee reduced annual cash 100% |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Incentive | For our most senior leaders, including our NEOs, the Committee reduced annual cash 100% |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Guaranteed Pay Continuity | In recognition of the challenging sales environment, the company has instituted measures to help protect field employees from significant impacts to their incentive compensation |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: One-Time Bonus | Monetary awards for business-critical employees who must report to a Medtronic facility to continue manufacturing and distributing products to the healthcare systems and patients who need them |
| Medtronic plc | $28,913 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | Emergency Leave Pay Policy, which allows employees whose roles cannot be performed remotely – and who face certain situations such as quarantine, home schooling, childcare issues, or a positive COVID-19 diagnosis – to receive up to 30 days of pay |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Exercised discretion to adjust awards to 75% of payout for most NEOs from the 18% funding that would have resulted under the PIP funding formula |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Executives: Granted Discretionary Award | Granted a special, one-time grant of SARs in fiscal 2021 to associates who received the 2018 or 2019 Performance Units, including each NEO. Even though the CEO received the 2017 and 2018 Performance Unit grants, the Committee agreed with his decision to forego receipt of the additional one-time award. Recognizing that the lower value of these awards was not solely related to COVID-19 and because the Compensation Committee did not want to fully protect associates from the impact of the pandemic, the value of the one-time SAR award was limited to 50% of the decline in the value of the 2018 and 2019 Performance Unit awards. No changes were made to the performance targets of any in-flight Performance Unit awards |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO salary reduced 40% for a period of 90 days |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Executive Chairman Pay | Executive Chairman salary reduced 40% for a period of 90 days |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Other NEOs’ salaries were reduced 20% for a period of 90 days |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Our Board of Directors also reduced its cash retainer by 40% for a period of 90 days |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Suspended 401(k) Match | We suspended BD matching contributions under our savings plans |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | Temporary furloughs (with full benefits) were instituted due to lower demand for certain product lines. Preserved full access to healthcare benefits for impacted associates |
| Becton, Dickinson and Company | $17,117 | Public: S&P 500 | Health Care Equipment and Services | Executives: Suspended Raises and/or Bonuses | No salaries increases for Executives |
| Stryker Corporation | $14,351 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Effective May 1, 2020, Stryker’s Chief Executive Officer, will receive a 50% reduction in base salary until the board deems it appropriate to restore full base salaries |
| Stryker Corporation | $14,351 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Effective May 1, 2020, the other named executive officers will receive between a 20% to 30% reduction in base salary until the board deems it appropriate to restore full compensation |
| Stryker Corporation | $14,351 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Effective May 1, 2020 until such time as the board may determine in its discretion, each non-employee member of the Board will forego 50% of his or her cash retainer fees payable for Board service |
| Stryker Corporation | $14,351 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | In the three months 2020 we did not repurchase any shares of our common stock under our authorized repurchase program. As previously announced we intend to suspend our share repurchase program for 2020 and 2021. |
| Laboratory Corporation of America Holdings | $13,979 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Suspended Raises and/or Bonuses | The Company is also taking actions regarding its workforce including delaying hiring; and suspending discretionary merit adjustment for all employees |
| Laboratory Corporation of America Holdings | $13,979 | Public: S&P 500 | Health Care Equipment and Services | Suspended 401(k) Match | The Company is also taking actions regarding its workforce including suspending 401(k) contributions for all U.S. employees |
| Laboratory Corporation of America Holdings | $13,979 | Public: S&P 500 | Health Care Equipment and Services | Reduced Workforce | The Company is also taking actions regarding its workforce including reducing temporary and contract workers, intern positions, and overtime |
| Laboratory Corporation of America Holdings | $13,979 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | The Company is also taking actions regarding its workforce including implementing furloughs |
| Laboratory Corporation of America Holdings | $13,979 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Some of these actions include temporarily suspending its share repurchase program |
| Laboratory Corporation of America Holdings | $13,979 | Public: S&P 500 | Health Care Equipment and Services | Executives: Suspended Raises and/or Bonuses | The Company is also taking actions regarding its workforce including delaying hiring; and suspending discretionary merit adjustment for all employees |
| Baxter International Inc. | $11,673 | Public: S&P 500 | Health Care Equipment and Services | Expanded Workforce | Hiring up to 2,000 new employees globally – 800 to join Baxter’s U.S. operations |
| DaVita Inc. | $11,551 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Additional Payments for On-Site Employees | Giving U.S. employees an extra $100 each week (approximately 55,000 employees) through May 2 originally. Extended relief reimbursements through May 30 |
| DaVita Inc. | $11,551 | Public: S&P 500 | Health Care Equipment and Services | Expanded Benefits Programs | Increasing back-up child care, modified sick leave policies and financial assistance to employees |
| Universal Health Services, Inc. | $11,368 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO salary reduced 100% June 1 to July 31. Funds generated will be donated |
| Universal Health Services, Inc. | $11,368 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEO salaries reduced 20% for three months of June 1 to August 31. Funds generated from the base salary reductions will be donated |
| Universal Health Services, Inc. | $11,368 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Base salaries of all non-executive officers , and certain other members of the senior management team, will be reduced during the three-month period of June 1 through August 31, by various percentages ranging from 20% to 5%. Funds generated from the base salary reductions will be donated |
| Universal Health Services, Inc. | $11,368 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Announced April 27 that it has suspended its stock buybacks |
| Universal Health Services, Inc. | $11,368 | Public: S&P 500 | Health Care Equipment and Services | Suspended or Reduced Dividend Payments | Announced April 27 that it has suspended payment of quarterly dividends |
| Henry Schein, Inc. | $10,119 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | Effective August 11, 2020, the Compensation Committee suspended the Performance Incentive Plan (“PIP”) for the Company’s 2020 fiscal year with respect to all U.S. participants and certain non-U.S. participants and canceled any corresponding PIP awards relating to the 2020 Year in their entirety. Effective as of July 1, 2020, the Compensation Committee also adopted the Henry Schein, Inc. 2020 Recovery Performance Plan (the “RPP”) to replace and supersede the PIP with respect to the 2020 Year for such participants. The RPP provides pay for performance incentive compensation to the Company’s employees, including the Company’s named executive officers, and is designed to reward them for their contributions to the Company consistent with the Company’s business recovery strategy and enable the Company to continue to attract and retain highly qualified employees. Under the RPP, the Compensation Committee will designate participants in the RPP and will establish Company-wide, functional area/business unit-level, and individual performance measures and goals for the earning of bonuses based on a performance period commencing on July 1, 2020, and ending on December 26, 2020, provided that the outcome at the time that the goals are set is substantially uncertain to be achieved. The Compensation Committee may subsequently adjust the performance goals to take into account such unanticipated circumstances or significant events as the Compensation Committee determines in its sole discretion. It is expected that the individual bonus target amount for each named executive officer will be materially less than the individual bonus target amount set under the PIP for the 2020 Year. |
| Henry Schein, Inc. | $10,119 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Chairman & CEO salary reduced by 100% until June 30, 2020; As of June 22, the Chairman & CEO has agreed to extend his prior agreement to a temporary reduction of 100% of his base salary through the end of the Company’s fourth fiscal quarter |
| Henry Schein, Inc. | $10,119 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEOs salaries reduced by 50% until June 30, 2020. Directors’ through SVPs’ salaries reduced by 10% to 25% until June 30, 2020; CFO and each of the other three most highly paid executive officers will continue to experience temporary salary reductions, but at a level of 37.5% from June 29, 2020, until a later date to be determined by the Committee, members of the Company’s Executive Management Committee other than our Named Executive Officers will have their salaries reduced by 18.75% during the same period, and the Company’s members of management holding the title of Vice President will have their salaries reduced by 7.5% during the same period |
| Henry Schein, Inc. | $10,119 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Non-employee directors have agreed to reduce cash retainer by 25% April 6 through June 30; The Company’s Board has agreed to a reduction of 18.75% of its non-employee directors’ cash retainer during the same period (in lieu of the 25% reduction that applied during the Prior Period) |
| Henry Schein, Inc. | $10,119 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | Furloughing large portion of employees |
| Henry Schein, Inc. | $10,119 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | In March 2020, Henry Schein temporarily suspended its share repurchase program |
| Boston Scientific Corporation | $9,913 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO will completely forgo his base salary, other than payments necessary to retain his benefits, resulting in a 99% reduction in his base salary; announced August 3, 2020 the CEO will continue the 99% reduction in his salary, receiving only payments necessary to retain his benefits, for the six month period through October 11, 2020 |
| Boston Scientific Corporation | $9,913 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | CFO and other NEOs will be taking a 50% reduction in base salary for up to 6 months; On August 3, 2020, the Company announced the base salary reductions for the Company’s executive officers would terminate in August 2020 following a four-month period of reduced base salaries |
| Boston Scientific Corporation | $9,913 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Annual cash retainer temporarily reduced 50% for 1 year. That 50% payment will be made in 2021. In the event that a director elected to receive equity in lieu of the annual cash retainer, such grant will occur in the ordinary course but will be reduced 50%; On September 30, 2020, the Board determined that, due to stronger business results compared with the Company’s prior expectations, the annual cash retainer for the Board will be restored, beginning with a payment expected to be made during the fourth quarter of 2020. As a result, the aggregate annual cash retainer for the Board will be 67%, rather than 50%, of the previously approved amount for the 2020 term. |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | Revised go forward incentive plan – New additional goals for 2020 to support its pandemic response plan (testing, capacity, deployment, coordination, etc.) |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO salary reduced by 25% for 12 weeks |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Executive salaries will be cut by 20% for 12 weeks |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Cash retainer fees for the board have been reduced by 25% for 12 weeks |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Salary cuts for employees range from 5% to 20% depending on level. Overtime pay has also been reduced |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Suspended 401(k) Match | Company has suspended 401(k) match program and Supplemental Deferred Compensation plans |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Reduced Workforce | Dismissed temporary and contract workers |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | Furloughed 9% of workforce and will continues to provide employee benefits and cover employee contributions |
| Quest Diagnostics Incorporated | $9,437 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Company has temporarily suspended additional share repurchases under the existing authorization through the end of 2020. The share repurchase authorization has no set expiration or termination date |
| Zimmer Biomet Holdings, Inc. | $7,025 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO will temporarily forgo 100% of salary until such time as the Committee may determine in its discretion; On June 26, 2020, the Committee approved the reinstatement of the NEOs’ base salaries to their respective pre-reduction levels. In addition, the Committee approved the payment in cash of an amount to each NEO equal to the amount of base salary that such NEO gave up during the reduction period, which amount will be payable in a lump sum to each NEO on the next regular payroll payment date |
| Zimmer Biomet Holdings, Inc. | $7,025 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEOs will temporarily reduce their base salaries 25% until such time as the Committee may determine in its discretion; On June 26, 2020, the Committee approved the reinstatement of the NEOs’ base salaries to their respective pre-reduction levels. In addition, the Committee approved the payment in cash of an amount to each NEO equal to the amount of base salary that such NEO gave up during the reduction period, which amount will be payable in a lump sum to each NEO on the next regular payroll payment date |
| Zimmer Biomet Holdings, Inc. | $7,025 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Each non-employee director will temporarily forgo 100% of his or her cash retainer for serving on the Board, which cash retainer is paid quarterly on the last day of each quarter, until such time as the Board may determine in its discretion; On June 26, 2020, the Board approved the reinstatement of the non-employee directors’ cash retainer |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Executives: Granted Discretionary Award | For fiscal 2020, $500k cash bonus paid to the Division President, Diagnostics in recognition of his outstanding leadership and performance during the COVID-19 pandemic as the leader of our Diagnostics Division |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Reduced CEO compensation by 50% for three months; As of the end of the third quarter of fiscal 2020, substantially all of the Company’s employee cost-cutting measures ceased, and the majority of the impacted manufacturing facilities are back to pre-COVID levels; repaid and compensated employees for reduced pay |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Reduced Global Leadership Team compensation by 25% for three months; As of the end of the third quarter of fiscal 2020, substantially all of the Company’s employee cost-cutting measures ceased, and the majority of the impacted manufacturing facilities are back to pre-COVID levels; repaid and compensated employees for reduced pay |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Reduced Board of Directors compensation by 50% for three months; approved repayment of third quarter retainer in November 2020 |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Reduced compensation by 10% for other levels for three months; As of the end of the third quarter of fiscal 2020, substantially all of the Company’s employee cost-cutting measures ceased, and the majority of the impacted manufacturing facilities are back to pre-COVID levels; repaid and compensated employees for reduced pay |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: One-Time Bonus | Life-enhancing bonuses were provided to our frontline workers across our global manufacturing, field service and sales organizations. |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Reduced Workforce | Terminated portion of workforce |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | Implemented employee furlough program; repaid and compensated employees for reduced pay and furloughs |
| Hologic, Inc. | $3,776 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Suspended buyback activities in March |
| DENTSPLY SIRONA Inc. | $3,371 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | The HR Committee determined that the performance targets in the Prior Plan were no longer appropriate to properly motivate its key executives to achieve the Company’s goals and objectives. The Revised Plan focuses on incentivizing executives to find opportunities to reduce the Company’s expenses through restructuring and other cost-cutting measures and to implement certain key growth initiatives to position the Company to achieve its objectives in 2021 and beyond. The Revised Plan provides for potential cash incentive payments based on achievement of performance criteria during the third and fourth quarters of 2020. The target payouts as percentages of salary remained consistent with the Prior Plan. However, since the Revised Plan will be based on the performance during the second half of 2020, any payout amounts are prorated for the partial year and will accordingly be 50% of the amounts that could have been earned under the Prior Plan. The funding levels for the achievement of the performance criteria range from 0% to 125% of the second half target payout (0% to 62.5% of the full year target payout), depending on the achievement of such criteria. Under the Prior Plan, the maximum payouts were 200% of the target payout |
| DENTSPLY SIRONA Inc. | $3,371 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO base salary reduced 25% for 90 day period |
| DENTSPLY SIRONA Inc. | $3,371 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEO base salaries reduced by 25% for 90 day period |
| DENTSPLY SIRONA Inc. | $3,371 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | The Board has waived 25% of their cash retainer for the remainder of 2020 |
| DENTSPLY SIRONA Inc. | $3,371 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Implemented 25% wage reduction for all salaried employees above an unspecified salary threshold |
| DENTSPLY SIRONA Inc. | $3,371 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | Announced furloughs due to drop in demand |
| Varian Medical Systems, Inc. | $3,168 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Compensation Committee used discretion in determining the financial results payout percentage in light of the pandemic impact. The actual economic profit results prior to any adjustment for the pandemic impact were at 49%, however results were tracking to 197% payout through the early part of the fiscal year prior to the pandemic impact. The Committee determined it was appropriate to cap the payout for the financial results portion at target and approved funding at 100% of target for the Financial Results portion of MIP for fiscal year 2020. The company bases 20% of the MIP target award opportunity on individual, strategic goals. The goals for fiscal year 2020 were tied to our five strategic business priorities plus another two priorities added mid-year as a result of the COVID-19 pandemic and the announced Merger with Siemens Healthineers. The new COVID-related priority added as a part of the individual strategic goals is to “manage the COVID-19 pandemic impact, balancing needs of our customers, employees and stockholders” |
| Varian Medical Systems, Inc. | $3,168 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Subsequently, as part of the Company’s cost savings efforts in response to the pandemic, implemented a 20% reduction in the CEO’s salary for the second half of the calendar year from July 2020 through December 2020 |
| Varian Medical Systems, Inc. | $3,168 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | 20% reduction in cash fees paid to all members of Varian’s Board of Directors for the second half of calendar year 2020 |
| Varian Medical Systems, Inc. | $3,168 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Paused future buyback |
| Varian Medical Systems, Inc. | $3,168 | Public: S&P 500 | Health Care Equipment and Services | Other | In addition to changes made to the MIP, the Committee also considered the factors and funding approved for Varian’s annual cash incentive plans for non-MIP participants below the executive level. In light of the pandemic impact, the Committee approved funding at 100% of target for these non-MIP participants taking into account (1) the Company missing its original fiscal year 2020 financial target set at the beginning of the fiscal year prior to the onset of the pandemic, balanced by (2) exceeding the Company’s revised second half operating earnings forecast and (3) exceeding resiliency goals tied to supporting customers, employees, stockholders and the overall Company performance during the pandemic. |
| IDEXX Laboratories, Inc. | $2,707 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO salary reduced 30% |
| IDEXX Laboratories, Inc. | $2,707 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Corporate executives will see their pay cut by 20% |
| IDEXX Laboratories, Inc. | $2,707 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Suspending 100% of cash payments to its board of directors |
| IDEXX Laboratories, Inc. | $2,707 | Public: S&P 500 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Cutting salaried employees’ wages by 10% |
| IDEXX Laboratories, Inc. | $2,707 | Public: S&P 500 | Health Care Equipment and Services | Suspended 401(k) Match | Suspending contributions to 401(k) retirement plans |
| IDEXX Laboratories, Inc. | $2,707 | Public: S&P 500 | Health Care Equipment and Services | Suspended Buyback Program | Suspended share repurchase activity |
| The Cooper Companies, Inc. | $2,431 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – 2020 bonus reflected a 100% payout on the discretionary component, weighted at 25% of target, and a 67% payout on the financial component, weighted at 75% of target. Prior to a discretionary adjustment, the financial component would have paid out at 0%. The 75% overall funding approximates what our results would have been when excluding the impact of the Covid-19 pandemic for the months of April and May |
| Abiomed, Inc. | $841 | Public: S&P 500 | Health Care Equipment and Services | Annual Incentive Plan Changes | In light of fiscal 2020 performance below historical levels, due partly to external headwinds and the COVID-19 pandemic, determined that it was in the best interest of the Company to reinforce its pay-for-performance culture and used negative discretion to lower final payout amounts |
| Abiomed, Inc. | $841 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Salary reduced May 1 to June 30 100% |
| Abiomed, Inc. | $841 | Public: S&P 500 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Salary reduced May 1 to June 30 for all NEOs and other executive officers. COO salary reduced 100%. The CFO and other NEOs will take a 50% salary cut for the remainder of the quarter |
| Abiomed, Inc. | $841 | Public: S&P 500 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Annual cash retainer will be temporarily reduced 50% May 1 through June 30 |
| Abiomed, Inc. | $841 | Public: S&P 500 | Health Care Equipment and Services | Furlough of Employees | Non-director employees at Massachusetts and German headquarters will be taking a minimum of one-week furlough or unused vacation |
| Kimberly-Clark Corporation | $19,140 | Public: S&P 500 | Household and Personal Products | Suspended Buyback Program | The company is temporarily suspending its share repurchase program effective April 24, 2020 for at least the remainder of the second quarter |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Annual Incentive Plan Changes | Revised go forward incentive plan – For the fiscal 2021 AIP the company increased maximum payout to 165% of target (up from 150%), which includes an increase to the Corporate Multiplier maximum to 140% (up from 120%) and a decrease to the Business Unit Multiplier to 118% (down from 125%). The company also suspended the use of ROIC and explicit productivity and inventory measures as performance measures. The company implemented an overall payout floor of 50%, such that any performance that yields a payout of below 50% would result in an overall payout of 50%. Given outstanding individual 2020 performance, granted additional value, in the form of additional amounts to fiscal 2021 annual equity grants, to the NEOs and other executive officers |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Long-Term Incentive Plan Changes | Revised go forward incentive plan – The company approved modifications to the PSU design in order to drive increased focus on Net Sales and Diluted EPS. The ROIC performance measure has been removed and the maximum payout has been increased to 175% (from 150%) |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Executives: Granted Discretionary Award | Given individual outstanding performance and the impact of COVID-19 on incentive payouts, the company granted additional value, in the form of additional amounts to the annual fiscal 2021 equity grants, to the NEOs and other executive officers, as applicable. While the additional amounts are not intended to, and will not, close the gap on bonus payouts caused by the impacts of COVID-19, the company believes they will further align employees’ and stockholders’ interests on a long-term basis while driving collaboration across the enterprise and recognizing the continued resiliency and creativity of the Company’s employees |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Executives: Reduced CEO Base Salary | CEO salary reduced 50% May 1 through October 31 |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Executives: Reduced Executive Chairman Pay | Executive Chairman salary reduced 50% May 1 through October 31. Chairman Emeritus and Chairman, Clinique Laboratories salaries were reduced 100% for the same period |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Executives: Reduced Other Executive Base Salary | For the NEOs, the base salaries for the remainder of the Company’s executive officers are being reduced by 30% effective May 1, 2020 through October 1, 2020 |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Board of Directors: Reduced Pay | Board will forgo 100% of cash retainers through November 2020 |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Non-Executives: Reduced Pay | Management salaries reduced 10% to 20% |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Furlough of Employees | Unpaid temporary leaves of absence that allow employees to maintain healthcare benefits and access to COVID-19 support where permissible |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Suspended Buyback Program | Beginning in early February 2020, the Company also suspended its repurchase of shares of the Company’s Class A Common Stock |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Expanded Benefits Programs | The Company established the ELC Cares Employee Relief Fund, funded through contributions from the Company, the Lauder family and employees, to provide immediate and critical financial relief to employees whose lives have been impacted by the pandemic |
| The Estée Lauder Companies Inc. | $14,294 | Public: S&P 500 | Household and Personal Products | Suspended or Reduced Dividend Payments | Suspended the next quarterly cash dividend |
| The Clorox Company | $6,721 | Public: S&P 500 | Household and Personal Products | Non-Executives: Additional Payments for On-Site Employees | Offered a special incentive for our frontline teams who have been working around the clock to make and ship products to our consumers |
| Prudential Financial, Inc. | $57,091 | Public: S&P 500 | Insurance | Suspended Buyback Program | The Company temporarily suspended Common Stock repurchases under the existing repurchase authorization beginning April 1, 2020; however, the Company will continue to evaluate the resumption of share repurchases under the existing Board authorization for 2020 |
| The Allstate Corporation | $44,791 | Public: S&P 500 | Insurance | Non-Executives: Guaranteed Pay Continuity | Committed to pay full- and part-time employees who can’t work remotely and have shelter-in-place orders |
| The Allstate Corporation | $44,791 | Public: S&P 500 | Insurance | Reduced Workforce | Announced in September that the company will cut 3,800 jobs, roughly 8% of its workforce |
| The Allstate Corporation | $44,791 | Public: S&P 500 | Insurance | Expanded Benefits Programs | Expanded upon wellbeing services available to U.S. employees |
| American International Group, Inc. | $43,337 | Public: S&P 500 | Insurance | Non-Executives: One-Time Bonus | In mid-March, issued a $500 grant to each colleague globally |
| Chubb Limited | $36,052 | Public: S&P 500 | Insurance | Suspended Buyback Program | Suspended share buybacks |
| Chubb Limited | $36,052 | Public: S&P 500 | Insurance | Other | Committed to not conduct any layoffs |
| The Travelers Companies, Inc. | $31,981 | Public: S&P 500 | Insurance | Expanded Benefits Programs | Granting financial aid to employees to establish home offices |
| Aflac Incorporated | $22,147 | Public: S&P 500 | Insurance | Expanded Benefits Programs | Additional paid leave for employees and waiving co-pays for employees and dependents covered by medical plan |
| The Hartford Financial Services Group, Inc. | $20,494 | Public: S&P 500 | Insurance | Suspended Buyback Program | The Company paused share repurchase activity as it continues to monitor the evolving impacts of COVID-19 |
| Marsh & McLennan Companies, Inc. | $17,224 | Public: S&P 500 | Insurance | Expanded Benefits Programs | The Company announced that it would not count sick days or vacation days until things return to normal |
| Marsh & McLennan Companies, Inc. | $17,224 | Public: S&P 500 | Insurance | Other | The Company promised that no workforce reductions would occur during the pandemic |
| Principal Financial Group, Inc. | $14,742 | Public: S&P 500 | Insurance | Executives: Reduced CEO Base Salary | Pay of CEO, 29-member senior leadership team, and directors reduced |
| Principal Financial Group, Inc. | $14,742 | Public: S&P 500 | Insurance | Executives: Reduced Other Executive Base Salary | Pay of CEO, 29-member senior leadership team, and directors reduced |
| Principal Financial Group, Inc. | $14,742 | Public: S&P 500 | Insurance | Board of Directors: Reduced Pay | Pay of CEO, 29-member senior leadership team, and directors reduced |
| Principal Financial Group, Inc. | $14,742 | Public: S&P 500 | Insurance | Non-Executives: Reduced Pay | Cutting salaries for 23% of its global workforce. Pay reductions range from 7.5% to 25% depending on the employee’s role. Did not immediately indicate how long the reductions would last |
| Unum Group | $13,162 | Public: S&P 500 | Insurance | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Committee determined that the effect of certain items not included in the Company’s financial plan may be excluded from the calculation of the Company’s financial performance, including the effects of the COVID-19 pandemic. Revised go forward incentive plan – The Committee recently approved a Resiliency Scorecard that the Committee expects to use when determining whether and how to take into account the effects of the pandemic when assessing performance |
| Unum Group | $13,162 | Public: S&P 500 | Insurance | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – The Committee determined that the effect of certain items not included in the Company’s financial plan may be excluded from the calculation of the Company’s financial performance, including the effects of the COVID-19 pandemic. Revised go forward incentive plan – commencing in 2021, the Committee will award 50% of executives’ long-term incentives in the form of cash incentive units (“CIUs”), in lieu of PSUs. The Committee expects to continue to award the remaining 50% of each executive’s long-term incentives in the form of PBRSUs |
| Unum Group | $13,162 | Public: S&P 500 | Insurance | Executives: Granted Discretionary Award | Approved a special grant of new long-term incentive awards for 10 executives (SIP Awards), including the NEOs, consisting of cash success units (“CSUs”) and stock success units (“SSUs”). The SIP Awards, with one-, three- and five-year performance periods that begin January 1, 2021 and an overall six-year term, are designed to incent the executives to continue employment with the Company and achieve critical business outcomes over the long term. Denominating CSUs in cash strengthens the alignment of the awards with core operating performance. The CSUs were granted with a target value equal to 70% of each executive’s 2020 annual long-term incentive target. The number of shares subject to SSUs granted to each executive equals the number of Company shares currently held by the executive that he or she has committed to hold during the SIP Award vesting period, subject to a cap equal to 50% of the executive’s 2020 annual long-term incentive target. The SIP Awards will vest in full on the sixth anniversary of the grant date, subject to the executive’s continued employment, unless vesting is accelerated based on the Company’s achievement of three performance hurdles: (1) maintaining average NAIC risk-based capital ratios of at least 325% (each measured at calendar quarter-ends over the applicable performance period); (2) maintaining average levels of holding company cash in excess of 1.0 times average fixed costs (each measured at calendar quarter-ends over the applicable performance period); and (3) achieving annual (or compounded annual) growth rates of 3% or more in adjusted book value (which excludes accumulated other comprehensive income or loss). One-third of the SIP Award will be eligible to accelerate and vest on a cumulative basis on the last day of each of the one-, three- and five-year performance periods, in each case conditioned upon achievement of the performance hurdles during the applicable performance period |
| Unum Group | $13,162 | Public: S&P 500 | Insurance | Non-Executives: Guaranteed Pay Continuity | Providing financial support to employees and emergency pay when employees are unable to work |
| Unum Group | $13,162 | Public: S&P 500 | Insurance | Suspended Buyback Program | We did not repurchase shares during the first three months of 2020 and do not expect to resume repurchases through the remainder of our currently authorized repurchase program, which expires in November 2020 |
| Unum Group | $13,162 | Public: S&P 500 | Insurance | Other | The Committee determined that it is appropriate to calculate the value of a covered officer’s stock ownership under the Policy using the greater of the spot price or the preceding 12-month average closing price |
| Loews Corporation | $12,549 | Public: S&P 500 | Insurance | Furlough of Employees | Furloughed 90% of employees. The company continued to cover medical insurance costs for up to three months for employees enrolled in company benefits |
| Aon Plc | $11,066 | Public: S&P 500 | Insurance | Executives: Reduced CEO Base Salary | Each of the Company’s NEOs have agreed to a temporary 50% reduction in his or her base salary from May 1, 2020 through December 31, 2020 |
| Aon Plc | $11,066 | Public: S&P 500 | Insurance | Executives: Reduced Other Executive Base Salary | Each of the Company’s NEOs have agreed to a temporary 50% reduction in his or her base salary from May 1, 2020 through December 31, 2020 |
| Aon Plc | $11,066 | Public: S&P 500 | Insurance | Board of Directors: Reduced Pay | Each of the Company’s non-executive directors has agreed to a temporary 50% reduction in his or her cash compensation from May 1, 2020 through December 31, 2020 |
| Aon Plc | $11,066 | Public: S&P 500 | Insurance | Non-Executives: Reduced Pay | Imposed an approximately 20% salary cut on about 70% of staff at the end of April. Effective July 1, restored employee salaries; employees will be repaid for the 2-month 20% decrease in full plus receive an additional 5% of the withheld amount; executive salary cuts remain in place |
| Aon Plc | $11,066 | Public: S&P 500 | Insurance | Suspended Buyback Program | Paused stock buyback plan and set aside those funds |
| Willis Towers Watson Public Limited Company | $9,352 | Public: S&P 500 | Insurance | Annual Incentive Plan Changes | The awards will be weighted (i) 80% upon enterprise financial results and (ii) 20% upon individual objectives. This change is intended to incentivize collaboration among the executive officers. |
| Arthur J. Gallagher & Co. | $6,782 | Public: S&P 500 | Insurance | Furlough of Employees | Furlough will impact less than 4% of global workforce |
| Dow Inc. | $38,542 | Public: S&P 500 | Materials | Non-Executives: One-Time Bonus | Dow has approved a special recognition cash payment for on-site employees of $1,000, or similar value by country, in addition to regular pay |
| Dow Inc. | $38,542 | Public: S&P 500 | Materials | Reduced Workforce | Dow is implementing a restructuring program to reduce its global workforce costs by approximately six percent |
| Dow Inc. | $38,542 | Public: S&P 500 | Materials | Suspended Buyback Program | The Company is also temporarily suspending share repurchases |
| Dow Inc. | $38,542 | Public: S&P 500 | Materials | Expanded Benefits Programs | Employees will receive full pay continuation for their regularly scheduled hours during this time if they are out sick due to COVID-19. Offering subsidized childcare |
| International Paper Company | $20,580 | Public: S&P 500 | Materials | Suspended Buyback Program | Indefinitely suspended the Company’s share repurchase program beginning April 2020 |
| DuPont de Nemours, Inc. | $20,397 | Public: S&P 500 | Materials | Furlough of Employees | DuPont has reduced or furloughed certain operations in response to government measures, employee welfare concerns and the impact of COVID-19 on the global demand and supply chain |
| Nucor Corporation | $20,140 | Public: S&P 500 | Materials | Non-Executives: Guaranteed Pay Continuity | “Share the pain, share the gain” approach – Expect a significant decrease in compensation expense in 2020 as almost all our remuneration plans are heavily weighted toward incentive compensation which rewards productivity and profitability. Implemented, the assurance of a compensation floor to production and non-production hourly teammates pay during the crisis |
| The Sherwin-Williams Company | $18,362 | Public: S&P 500 | Materials | Suspended Buyback Program | Temporarily suspending share repurchases |
| WestRock Company | $17,579 | Public: S&P 500 | Materials | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Exercised discretion to set 2020 bonuses at threshold level (50% of target). Actual bonus was 78.7% of target as a result of achievement of safety goals (+5%) and an increase in stock price; Paid 2020 bonus in common stock in lieu of cash |
| WestRock Company | $17,579 | Public: S&P 500 | Materials | Executives: Reduced CEO Base Salary | 25% reduction in the base salary of the CEO from May 1 through December 31 |
| WestRock Company | $17,579 | Public: S&P 500 | Materials | Executives: Reduced Other Executive Base Salary | 15% reduction in the base salaries of the steering team members from May 1 through December 31 |
| WestRock Company | $17,579 | Public: S&P 500 | Materials | Board of Directors: Reduced Pay | Decreasing our directors’ cash retainers by 25% between July 1, 2020 and December 31, 2020 |
| WestRock Company | $17,579 | Public: S&P 500 | Materials | Furlough of Employees | Temporary layoffs will last at least 30 days |
| WestRock Company | $17,579 | Public: S&P 500 | Materials | Other | Making Company contributions to our 401(k) plan in the form of our common stock, par value $0.01 per share (“Common Stock”), rather than cash |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Executives: Reduced CEO Base Salary | CEO salary reduced by 25% for the remainder of 2020 |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Executives: Reduced CEO Incentive Compensation | Cost savings initiatives include temporary reductions in bonus programs |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Executives: Reduced Other Executive Base Salary | CFO salary reduced by 25% for the remainder of 2020. Other executives will retain 10% of their base salary to fund benefits while the other 90% will be deferred to restricted stock units |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Executives: Reduced Other Executive Incentive | Cost savings initiatives include temporary reductions in bonus programs |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Non-Executives: Suspended Raises and/or Bonuses | Cost savings initiatives include temporary reductions in bonus programs |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Reduced Workforce | Cost savings initiatives include employee separation programs |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Furlough of Employees | Cost savings initiatives include the initiation of furloughs and employee separation programs |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Executives: Suspended Raises and/or Bonuses | Cost savings initiatives include temporary reductions in bonus programs |
| Freeport-McMoRan Inc. | $14,198 | Public: S&P 500 | Materials | Suspended or Reduced Dividend Payments | Suspended first-quarter dividend previously planned for May 1. The declaration and payment of future dividends is at the discretion of the board and will depend on FCX’s financial results, cash requirements, global economic conditions and other factors deemed relevant |
| PPG Industries, Inc. | $13,834 | Public: S&P 500 | Materials | Executives: Reduced CEO Base Salary | 30% base salary reduction for the Chairman & CEO effective April 2 through September 30. On July 15, 2020, the Committee reinstated the salaries of the Company’s NEOs and other executives to their pre-reduction levels, effective August 1 |
| PPG Industries, Inc. | $13,834 | Public: S&P 500 | Materials | Executives: Reduced Other Executive Base Salary | NEOs and certain other officers will have their base salaries reduced by 25% – 20% effective April 2 and will continue until September 30. On July 15, 2020, the Committee reinstated the salaries of the Company’s NEOs and other executives to their pre-reduction levels, effective August 1 |
| PPG Industries, Inc. | $13,834 | Public: S&P 500 | Materials | Furlough of Employees | These include announced temporary employee furloughs at the most severely demand-impacted businesses |
| Ecolab Inc. | $11,790 | Public: S&P 500 | Materials | Board of Directors: Reduced Pay | Board voted to cancel its compensation increase that was previously approved in October 2019 |
| Ecolab Inc. | $11,790 | Public: S&P 500 | Materials | Non-Executives: Suspended Raises and/or Bonuses | Defer implementation of merit pay increases for employees in 2020 |
| Ecolab Inc. | $11,790 | Public: S&P 500 | Materials | Executives: Suspended Raises and/or Bonuses | Defer implementation of merit pay increases for employees in 2020 |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Executives: Reduced CEO Base Salary | Reducing compensation for our employees |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Executives: Reduced Other Executive Base Salary | Reducing compensation for our employees |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Non-Executives: Reduced Pay | Reducing compensation for our employees |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Suspended 401(k) Match | Adjusting contributions to defined benefit pension plans or income tax payments |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Reduced Workforce | Reducing our workforce levels |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Expanded Benefits Programs | Providing additional health-related services to our employees; |
| Ball Corporation | $11,781 | Public: S&P 500 | Materials | Suspended or Reduced Dividend Payments | Reducing or suspending our quarterly dividends |
| Eastman Chemical Company | $8,473 | Public: S&P 500 | Materials | Annual Incentive Plan Changes | Revised current, in-process incentive plan – In its determination of the 2020 UPP cash payout pool amount in early 2021, the Committee will consider corporate and senior management performance against the Company’s changed corporate objectives, operating strategy and tactics in response to market volatility and changed business and market conditions resulting from the COVID-19 coronavirus pandemic. The Committee’s bases for its determination of the amount of the 2020 UPP payout pool, and for the individual payouts to the CEO and other executive officers based on each of their performance against individual financial, organizational, and strategic objectives, will be disclosed in the Company’s Proxy Statement for its 2021 Annual Meeting of Stockholders. |
| Avery Dennison Corporation | $6,972 | Public: S&P 500 | Materials | Non-Executives: Suspended Raises and/or Bonuses | The company has undertaken short-term, temporary actions to reduce costs, including, delays of merit increases |
| Avery Dennison Corporation | $6,972 | Public: S&P 500 | Materials | Furlough of Employees | The company has undertaken short-term, temporary actions to reduce costs, including furloughs |
| Avery Dennison Corporation | $6,972 | Public: S&P 500 | Materials | Suspended Buyback Program | The company is temporarily pausing its share repurchase activity |
| Avery Dennison Corporation | $6,972 | Public: S&P 500 | Materials | Executives: Suspended Raises and/or Bonuses | The company has undertaken short-term, temporary actions to reduce costs, including, delays of merit increases |
| Packaging Corporation of America | $6,658 | Public: S&P 500 | Materials | Furlough of Employees | The idling of operations will result in the temporary layoff of about 340 employees and our Human Resources team has begun meeting with our affected employees |
| Vulcan Materials Company | $4,857 | Public: S&P 500 | Materials | Furlough of Employees | In the second quarter, the company temporarily furloughed some employees; as of August 8, the vast majority of those employees are back to work or scheduled to be back to work |
| FMC Corporation | $4,642 | Public: S&P 500 | Materials | Suspended Buyback Program | Suspending share repurchases until the impact of the global pandemic is better understood |
| Martin Marietta Materials, Inc. | $4,432 | Public: S&P 500 | Materials | Suspended Buyback Program | Future share repurchases are at the discretion of management and have been temporarily suspended as of March 2020 |
| Albemarle Corporation | $3,129 | Public: S&P 500 | Materials | Executives: Reduced CEO Base Salary | CEO will experience temporary base salary reductions of 20% May 11 until December 31. The temporarily adjusted base salary will not be used to calculate annual cash bonus which are derived based on base salary |
| Albemarle Corporation | $3,129 | Public: S&P 500 | Materials | Executives: Reduced Other Executive Base Salary | NEOs and certain other members of the senior leadership team will experience temporary base salary reductions of 20% May 11 until December 31. The temporarily adjusted base salaries will not be used to calculate annual cash bonus which are derived based on base salary |
| Albemarle Corporation | $3,129 | Public: S&P 500 | Materials | Board of Directors: Reduced Pay | Cash compensation, including director retainer fee, Lead Independent Director fee, and each committee Chair fee, shall be temporarily reduced by 20% effective with the non-executive director compensation period beginning on July 1 and continuing at the reduced amount until December 31 |
| Alphabet Inc. | $182,527 | Public: S&P 500 | Media and Entertainment | Expanded Benefits Programs | Created a fund to provide sick leave to affected workers globally, including all temporary staff, contractors, and vendors. Google in June offered all employees a $1,000 allowance to spend on equipment to help outfit their home workspaces; Committed that members of its extended workforce who are affected by reduced schedules will be compensation for the time they would have worked. The Company also established a COVID-19 fund so that members of its extended workforce who would not otherwise be paid will be compensated for their normal working hours if they can’t come into work because they have potential symptoms of COVID-19 or if they are quarantined |
| Comcast Corporation | $103,564 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO and other top executives at Comcast will donate 100% of their salaries to charities supporting COVID-19 relief efforts |
| Comcast Corporation | $103,564 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | Chairman-CEO Brian Roberts and other top executives at Comcast will donate 100% of their salaries to charities supporting COVID-19 relief efforts |
| Comcast Corporation | $103,564 | Public: S&P 500 | Media and Entertainment | Non-Executives: Reduced Pay | Pay employees 100% through April 19. Beginning April 20, 20% pay cut for most employees, with a small group of team members continuing at normal pay |
| Comcast Corporation | $103,564 | Public: S&P 500 | Media and Entertainment | Furlough of Employees | Furloughed part-time workers beginning May 3; Universal Orlando furloughed nearly 5,400 workers from its Orlando parks, and employees will remain on furlough until further notice as of September 4, 2020 |
| Comcast Corporation | $103,564 | Public: S&P 500 | Media and Entertainment | Other | Set aside $500 million for employees whose jobs have been affected by the coronavirus |
| Facebook, Inc. | $85,965 | Public: S&P 500 | Media and Entertainment | Non-Executives: One-Time Bonus | Granted $1,000 bonus for all full-time employees |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – 38% of the performance-based restricted stock grant vesting in December 2020 was forfeited based on three-year TSR and EPS, as compared to the S&P 500. Performance-based restricted stock units granted in fiscal 2020 (which do not vest until the third anniversary of grant date and vest based on three-year TSR compared to the S&P 500 and three-year absolute return on invested capital (ROIC) tests) resulted in no value related to the first year of the ROIC portion of the grant |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO salary reduced 50% effective April 5 until Disney sees a substantive recovery in its business; restored pay August 23, 2020 |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Incentive Compensation | Management and the Compensation Committee believed that in light of the Company’s circumstances this year that no bonuses should be paid to the NEOs |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Executive Chairman Pay | Executive Chairman will forgo 100% of his salary for 2020 and will waive his right to a car allowance; restored pay August 23, 2020 |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | Effective April 5 until Disney sees a substantive recovery in its business, salaries of VPs reduced 20%, salaries of SVPs reduced 25%, and salaries of EVPs reduced 30%; restored pay August 23, 2020 |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Incentive | Management and the Compensation Committee believed that in light of the Company’s circumstances this year that no bonuses should be paid to the NEOs |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Board of Directors: Reduced Pay | Board of Directors determined to eliminate payment of Board retainers and committee fees from April 5, 2020 until the restoration of employee base salaries, which occurred on August 23, 2020 |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Non-Executives: Reduced Pay | ESPN is asking all commentators to take a 15% pay cut over the next three months; restored pay August 23, 2020 |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Non-Executives: Guaranteed Pay Continuity | Committed to continue paying employees during park and cruise closures through April 18 |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Reduced Workforce | Announced layoffs for 28,000 employees in September |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Furlough of Employees | Furloughed 100,000 employees in April |
| The Walt Disney Company | $65,388 | Public: S&P 500 | Media and Entertainment | Suspended or Reduced Dividend Payments | Will not pay a dividend for the first half of its current fiscal year |
| Charter Communications, Inc. | $48,097 | Public: S&P 500 | Media and Entertainment | Non-Executives: Additional Payments for On-Site Employees | Charter announced April 2 it is permanently raising its minimum wage to $20 an hour over the next two years for all hourly employees, beginning with $1.50 an hour increase for all hourly frontline field and customer operations employees retroactive to their merit increase in February; followed up with an additional $1.50 an hour increase in March of 2021, putting them on a path to a $20/hour minimum wage in 2022, effectively making its hazard pay increase permanent |
| Charter Communications, Inc. | $48,097 | Public: S&P 500 | Media and Entertainment | Expanded Workforce | Charter is expanding its workforce by over 800 at locations nationwide |
| Charter Communications, Inc. | $48,097 | Public: S&P 500 | Media and Entertainment | Other | Charter announced on April 20 there will be no layoffs or furloughs for at least the next 60 days |
| ViacomCBS Inc. | $25,285 | Public: S&P 500 | Media and Entertainment | Reduced Workforce | Reduced a number of freelance and project-based positions. No full-time employees were laid off as part of the reduction |
| Netflix, Inc. | $24,996 | Public: S&P 500 | Media and Entertainment | Non-Executives: Guaranteed Pay Continuity | $100M fund was created to pay actors and crews affected by coronavirus |
| DISH Network Corporation | $15,493 | Public: S&P 500 | Media and Entertainment | Reduced Workforce | Confirmed that it is cutting jobs as part of a broader reorganization |
| Omnicom Group Inc. | $13,171 | Public: S&P 500 | Media and Entertainment | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Compensation Committee has agreed that the cash portion of the Incentive Awards for 2019 will be paid at a later date during 2020; Reduced the amount of the Incentive Awards to NEOs by $38K-$12.5M in order to reallocate the funds to the general incentive compensation pool to be reallocated to other employees |
| Omnicom Group Inc. | $13,171 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO reduced salary 100% April through September |
| Omnicom Group Inc. | $13,171 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | Executive salaries reduced 33% April through September |
| Omnicom Group Inc. | $13,171 | Public: S&P 500 | Media and Entertainment | Reduced Workforce | Taking severance actions and furloughs to reduce the workforce |
| Omnicom Group Inc. | $13,171 | Public: S&P 500 | Media and Entertainment | Furlough of Employees | Taking severance actions and furloughs to reduce the workforce |
| Omnicom Group Inc. | $13,171 | Public: S&P 500 | Media and Entertainment | Suspended Buyback Program | Suspended share repurchase program |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Long-Term Incentive Plan Changes | Revised go forward incentive plan – In light of the volatile markets caused by COVID-19, for fiscal 2021, adjusted the percentage of the PSU and RSU components of the long-term equity-based program and introducing a performance-based stock option award. Award is based 50% on time-based RSUs, 25% on PSUs, and 25% on performance-based stock options |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Base Salary | NEO salaries reduced 100% May 1 until September 30 |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | NEO salaries reduced 100%, senior executive salaries reduced 50%, and vice president salaries reduced 15% from May 1, 2020 through July 31, 2020. May 1 until September 30 |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Board of Directors: Reduced Pay | Non-executive directors voluntarily agreed to suspend any increase in their compensation for fiscal 2021 |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Non-Executives: Suspended Raises and/or Bonuses | Suspending pay raises for all employees and its board of directors |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Expanded Benefits Programs | paying full-time employees’ medical insurance premiums from March 2020 through December 2020 and waiving co-pays for telemedicine. Additionally, we enhanced our Bright Horizons Back-Up Care benefits to help full-time employees with back-to-school transitions and caregiving support while managing remote work and virtual learning. For calendar year 2020, we doubled the number of days, from 20 to 40, that employees can use the service for child or elder care and waived employees’ co-pays from September 2020 through December 2020 so they can use the back-up care benefits at no cost |
| Fox Corporation | $12,303 | Public: S&P 500 | Media and Entertainment | Executives: Suspended Raises and/or Bonuses | Suspending pay raises for all employees and its board of directors |
| News Corporation | $9,008 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Incentive Compensation | CEO will forgo 75% of cash bonus for current fiscal year |
| News Corporation | $9,008 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Executive Chairman Pay | Executive Chairman will forgo 100% of cash bonus for current fiscal year |
| News Corporation | $9,008 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Incentive | CFO and GC will forgo 25% of cash bonus for current fiscal year |
| News Corporation | $9,008 | Public: S&P 500 | Media and Entertainment | Board of Directors: Reduced Pay | In April 2020, the Board determined to reduce the Board Cash Retainer by 20% for the first two quarters of fiscal 2021 |
| The Interpublic Group of Companies, Inc. | $8,065 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO base salary reduced by undisclosed amount for the balance of 2020 |
| The Interpublic Group of Companies, Inc. | $8,065 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | Management salaries have been reduced by up to 25% for the balance of 2020 |
| The Interpublic Group of Companies, Inc. | $8,065 | Public: S&P 500 | Media and Entertainment | Non-Executives: Reduced Pay | Employee salaries at certain locations have been reduced by up to 25% for the balance of 2020 |
| The Interpublic Group of Companies, Inc. | $8,065 | Public: S&P 500 | Media and Entertainment | Non-Executives: Suspended Raises and/or Bonuses | Deferred merit increases |
| The Interpublic Group of Companies, Inc. | $8,065 | Public: S&P 500 | Media and Entertainment | Furlough of Employees | Initiated furloughs |
| The Interpublic Group of Companies, Inc. | $8,065 | Public: S&P 500 | Media and Entertainment | Executives: Suspended Raises and/or Bonuses | Deferred merit increases |
| Live Nation Entertainment, Inc. | $4,513 | Public: S&P 500 | Media and Entertainment | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Deferred payment of bonuses until the fourth quarter of 2020 |
| Live Nation Entertainment, Inc. | $4,513 | Public: S&P 500 | Media and Entertainment | Executives: Reduced CEO Base Salary | The company’s CEO voluntarily forgoing 100% of his salary for the duration of the salary reduction program |
| Live Nation Entertainment, Inc. | $4,513 | Public: S&P 500 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | The company will implement salary reductions, with salaries for senior executives reduced by up to 50% |
| Live Nation Entertainment, Inc. | $4,513 | Public: S&P 500 | Media and Entertainment | Board of Directors: Reduced Pay | The company will implement salary reductions |
| Live Nation Entertainment, Inc. | $4,513 | Public: S&P 500 | Media and Entertainment | Furlough of Employees | Additional cost reduction efforts include furloughs |
| Johnson & Johnson | $82,584 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Non-Executives: One-Time Bonus | Announced in May a one-time award of $1,000 to eligible employees working onsite at our facilities globally |
| Merck & Co., Inc. | $47,994 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Suspended Buyback Program | Merck has temporarily suspended its share repurchase program |
| AbbVie Inc. | $45,804 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Non-Executives: One-Time Bonus | We are providing special bonus payments to eligible essential employees during this crisis who are working onsite |
| Amgen Inc. | $25,424 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Non-Executives: Guaranteed Pay Continuity | Committed to pay continuity for employees and will assess the duration of that commitment as the situation evolves |
| Amgen Inc. | $25,424 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Expanded Benefits Programs | $250 stipends for equipment employees need, a $50-a-month allowance for internet and phone services. Implemented additional employee wellness resources |
| Viatris Inc. | $11,514 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Delay of Annual Meeting | Postponed annual meeting scheduled for late April until June 30 |
| IQVIA Holdings Inc. | $11,359 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Annual Incentive Plan Changes | For 2020, the LDC Committee assigned weightings for each performance measure: (1) Revenue/Profit, (2) Cash Flow, (3) Balance Sheet/Liquidity, (4) Operational/Strategic, and (5) Leadership/Governance. The weightings for cash flow and liquidity in 2020 compared to other years reflect a greater attention to these measures in 2020 given the uncertainties created by the COVID-19 pandemic. After considering the positive and negative impacts of the pandemic, the Committee estimated that the total impact to the Company’s performance in 2020 was approximately $750 million in Revenue and approximately $250 million in Adjusted EBITDA, with a corresponding impact of $1 per share on Adjusted EPS. In acknowledgment of these factors, the LDC Committee approved an adjustment to our Revenue, Adjusted EBITDA and Adjusted Diluted EPS results equal to approximately one-third of the estimated impact. This raised the final payout factor for the revenue/profit performance measure payout of the STI to 93% from 87% |
| IQVIA Holdings Inc. | $11,359 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Long-Term Incentive Plan Changes | As of March 31, 2020, prior to the significant impacts of the COVID-19 pandemic being felt on the Company’s operations, the forecasted CAGR for Adjusted Diluted EPS during the 2018 – 2020 performance period was over 15%, which would have substantially exceeded the maximum of 12.8% for Adjusted Diluted EPS Growth and would have resulted in a weighted payout factor of 150% for this element of the performance shares formula. Given that TSR performance was at the 80th percentile, the total payout would have been at the 200% maximum level. Similar to the adjustment made to the STI program, the LDC approved an adjustment to reflect approximately one-third of the total impact of the COVID-19 pandemic when determining the payouts for the 2018-2020 performance shares, resulting in a payout actor of 192% |
| Zoetis Inc. | $6,675 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Suspended Buyback Program | We have temporarily suspended share repurchases beginning in the second quarter of 2020 |
| Agilent Technologies, Inc. | $5,339 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Suspended Buyback Program | On March 23, 2020, we suspended stock repurchases in light of the COVID-19 pandemic, and we have the ability to reinstate repurchases as circumstances warrant |
| Agilent Technologies, Inc. | $5,339 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Delay of Annual Meeting | Annual meeting will be delayed from March 18 until Friday, April 17, 2020 |
| PerkinElmer, Inc. | $3,783 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced CEO Base Salary | Voluntary equity for salary program for executive officers and other senior leaders; defer a designated portion of their base salary over a three-month period and receive the deferred amount in the form of restricted stock units |
| PerkinElmer, Inc. | $3,783 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced Other Executive Base Salary | Voluntary equity for salary program for executive officers and other senior leaders; defer a designated portion of their base salary over a three-month period and receive the deferred amount in the form of restricted stock units |
| PerkinElmer, Inc. | $3,783 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Board of Directors: Reduced Pay | Next quarterly payment of the annual cash retainer for each non-employee director to be paid in May 2020 shall instead be granted in the form of RSUs |
| Catalent, Inc. | $3,094 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Annual Incentive Plan Changes | Revised go forward incentive plan – The Compensation Committee approved changes to the MIP program for fiscal 2021. Under the revised program, the business factor will be measured only on Budget-Based Revenue and Budget-Based EBITDA. In addition, instead of measuring performance of each factor separately against its specified target, performance against both targets will be examined concurrently, using a matrix of both factors to determine the business factor payout level. The Compensation Committee agreed with management’s recommendation that this concurrent review would best align the interests of MIP participants with those of our shareholders in incentivizing profitable revenue growth |
| Catalent, Inc. | $3,094 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced CEO Base Salary | The executive leadership team, including the NEOs, as well as the next level of leaders within our company, donated a portion of their base salaries over a three-month period to help fund the payment of the bonuses. In response to salary donation commitments, RSUs with a vesting date of December 31, 2020, were granted to the NEOs and other executives having a grant date value equal to 60% of the salary they had foregone, with the exception of our CEO, whose donation went uncompensated |
| Catalent, Inc. | $3,094 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced Other Executive Base Salary | The executive leadership team, including the NEOs, as well as the next level of leaders within our company, donated a portion of their base salaries over a three-month period to help fund the payment of the bonuses. In response to salary donation commitments, RSUs with a vesting date of December 31, 2020, were granted to the NEOs and other executives having a grant date value equal to 60% of the salary they had foregone, with the exception of our CEO, whose donation went uncompensated |
| Catalent, Inc. | $3,094 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Non-Executives: One-Time Bonus | In June 2020, the company paid “thank-you” bonuses of approximately $700 per person to our U.S. site-based production and support employees |
| Catalent, Inc. | $3,094 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Expanded Benefits Programs | Matching Gift Program: gifts of up to $1,000 made during calendar 2020 in response to the COVID-19 pandemic were matched on a 2-to-1 basis. During fiscal 2020, one of our directors made a COVID-19-related gift that was matched by us |
| Mettler-Toledo International Inc. | $3,085 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced CEO Base Salary | Voluntary senior leadership salary reductions |
| Mettler-Toledo International Inc. | $3,085 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced Other Executive Base Salary | Voluntary senior leadership salary reductions |
| Waters Corporation | $2,365 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced CEO Base Salary | Base salary reduction of 40% for the CEO for a 90-day period |
| Waters Corporation | $2,365 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced Other Executive Base Salary | Base salary reduction of 30% for Executive Committee members and 20% for Vice-Presidents for a 90-day period |
| Waters Corporation | $2,365 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Non-Executives: Reduced Pay | Combination of 10% salary reduction, reduced working hours and furloughs for the broader employee workforce, dependent on role and geographic location for a 90-day period |
| Waters Corporation | $2,365 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Furlough of Employees | Combination of 10% salary reduction, reduced working hours and furloughs for the broader employee workforce, dependent on role and geographic location for a 90-day period |
| Waters Corporation | $2,365 | Public: S&P 500 | Pharmaceuticals, Biotechnology and Life Sciences | Suspended Buyback Program | Suspending repurchases in second quarter |
| CBRE Group, Inc. | $23,826 | Public: S&P 500 | Real Estate | Executives: Reduced CEO Base Salary | Salary reduced 100% until it is determined that such salary decreases are no longer warranted |
| CBRE Group, Inc. | $23,826 | Public: S&P 500 | Real Estate | Executives: Reduced Other Executive Base Salary | Salary reduced 15% for CEO direct reports until it is determined that such salary decreases are no longer warranted |
| CBRE Group, Inc. | $23,826 | Public: S&P 500 | Real Estate | Board of Directors: Reduced Pay | Each director serving on the Board would forego 33% of his or her 2020 annual Board service stipend |
| Weyerhaeuser Company | $7,532 | Public: S&P 500 | Real Estate | Executives: Reduced CEO Base Salary | CEO salary reduction of 30% for the remainder of 2020 |
| Weyerhaeuser Company | $7,532 | Public: S&P 500 | Real Estate | Executives: Reduced Other Executive Base Salary | Salary reductions of 10% for the remainder of the senior management team for the remainder of 2020 |
| Weyerhaeuser Company | $7,532 | Public: S&P 500 | Real Estate | Board of Directors: Reduced Pay | 20% reduction in fees for the board of directors for the remainder of 2020 |
| Weyerhaeuser Company | $7,532 | Public: S&P 500 | Real Estate | Suspended or Reduced Dividend Payments | Temporarily suspending the quarterly cash dividend |
| Equinix, Inc. (REIT) | $5,963 | Public: S&P 500 | Real Estate | Annual Incentive Plan Changes | Paid annual incentive in RSUs rather than cash. In recognition of the uniquely challenging time, the Compensation Committee approved one-time cash payments equal to the price differential between the stock price on Mar. 13, 2020 ($621.09), and the price at which shares were sold on Mar. 16, 2020, for each of the shares sold on behalf of the named executive officers and other employees who received RSUs in lieu of cash under the 2019 annual incentive plan |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Deferring bonus at such time as the Committee determines, in its sole discretion, that the market conditions in which the Company operates have improved; The Committee has determined that in no event will Mr. Simon’s bonus be paid later than March 15, 2021 |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – In March 2020, the compensation committee of the Company deferred establishing a 2020 Long Term Incentive Plan for the Company’s named executive officers due to the unprecedented impact that the then unfolding COVID-19 pandemic was having on the Company’s operations and the uncertainty that it created. During the course of 2020 the compensation committee carefully monitored the impact of the COVID-19 pandemic on the Company’s operations and the performance of the Company’s named executive officers during this period. On December 28, 2020, after evaluating the foregoing, among other matters, the compensation committee approved the establishment of a 2020 Long Term Incentive Program and in connection therewith approved a one-time grant of time-based restricted stock units |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Executives: Reduced CEO Base Salary | Effective March 28, 2020, salary reduced 100% for undefined time; On December 9, 2020 the compensation committee of the Company unanimously approved reinstating the annual base salaries of the Company’s named executive officers. On December 9, 2020, the compensation committee of the Company unanimously approved paying to each named executive officer. On December 18, 2020, an amount equal to the difference between the amount of base salary such named executive officer would have been paid during the period the temporary reduction was in effect if the temporary reduction had not been implemented and the amount of base salary such named executive officer was actually paid during the temporary reduction period |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Executives: Reduced Other Executive Base Salary | Effective March 28, 2020, GC & CAO salaries reduced 30% and CFO and Asst. GC salaries reduced 25% for undefined time. On December 9, 2020, the compensation committee of the Company unanimously approved paying to each named executive officer. On December 18, 2020, an amount equal to the difference between the amount of base salary such named executive officer would have been paid during the period the temporary reduction was in effect if the temporary reduction had not been implemented and the amount of base salary such named executive officer was actually paid during the temporary reduction period |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Board of Directors: Reduced Pay | Board service cash retainer temporarily reduced 100% |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Non-Executives: Reduced Pay | GC & CAO salaries reduced 30% and CFO and Asst. GC salaries reduced 25% for undefined time |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Reduced Workforce | Permanently laid off some workers |
| Simon Property Group, Inc. | $4,578 | Public: S&P 500 | Real Estate | Furlough of Employees | Furloughed 30% of workforce |
| Iron Mountain Incorporated | $4,147 | Public: S&P 500 | Real Estate | Executives: Reduced CEO Base Salary | Temporary compensation reduction measures for approximately one-third of its global workforce |
| Iron Mountain Incorporated | $4,147 | Public: S&P 500 | Real Estate | Executives: Reduced Other Executive Base Salary | Temporary compensation reduction measures for approximately one-third of its global workforce |
| Iron Mountain Incorporated | $4,147 | Public: S&P 500 | Real Estate | Non-Executives: Reduced Pay | Temporary compensation reduction measures for approximately one-third of its global workforce |
| Iron Mountain Incorporated | $4,147 | Public: S&P 500 | Real Estate | Reduced Workforce | In light of the COVID-19 pandemic, we have taken certain actions, which were initiated in late March 2020 but primarily took place in April 2020, including, but not limited to: the termination of nearly all of our temporary and contract workers, and reductions in our full-time and part-time work forces |
| Iron Mountain Incorporated | $4,147 | Public: S&P 500 | Real Estate | Furlough of Employees | In light of the COVID-19 pandemic, we have taken certain actions, which were initiated in late March 2020 but primarily took place in April 2020, including, but not limited to: the introduction of furloughs, reduced hours or other temporary reduction measures impacting approximately one-third of our global workforce |
| Ventas, Inc. | $3,790 | Public: S&P 500 | Real Estate | Executives: Reduced CEO Base Salary | For the second half of 2020, the base salaries of the Company’s CEO will be voluntarily reduced by 20% |
| Ventas, Inc. | $3,790 | Public: S&P 500 | Real Estate | Executives: Reduced Other Executive Base Salary | For the second half of 2020, the base salaries of executive officers will be voluntarily reduced by 10% |
| Ventas, Inc. | $3,790 | Public: S&P 500 | Real Estate | Reduced Workforce | In mid-June, the Company is eliminating roles representing over 25% of its corporate positions, excluding onsite field personnel |
| Vornado Realty Trust | $1,612 | Public: S&P 500 | Real Estate | Executives: Reduced CEO Base Salary | CEO salary reduced by 50% for the remainder of 2020 |
| Vornado Realty Trust | $1,612 | Public: S&P 500 | Real Estate | Executives: Reduced Other Executive Base Salary | President and CFO salaries reduced by 30% for the remainder of 2020. Co-Heads of Real Estate and EVP salaries reduced by 15%. Vice Chairman salary reduced by 30% |
| Vornado Realty Trust | $1,612 | Public: S&P 500 | Real Estate | Board of Directors: Reduced Pay | Non-management members of the Board of Trustees will forgo 100% of annual cash retainer for the remainder of 2020 |
| Vornado Realty Trust | $1,612 | Public: S&P 500 | Real Estate | Furlough of Employees | Placed 1,803 employees on temporary furlough, including 1,293 employees of Building Maintenance Services LLC, a wholly owned subsidiary, which provides cleaning, security and engineering services primarily to our New York properties, 414 employees at the Hotel Pennsylvania and 96 corporate staff employees |
| Host Hotels & Resorts, Inc. | $1,590 | Public: S&P 500 | Real Estate | Furlough of Employees | Furloughed as much as 80% of the hotel’s workforce |
| Host Hotels & Resorts, Inc. | $1,590 | Public: S&P 500 | Real Estate | Suspended Buyback Program | The Company has suspended repurchases and anticipates the suspension will remain in effect for the remainder of 2020 |
| Host Hotels & Resorts, Inc. | $1,590 | Public: S&P 500 | Real Estate | Suspended or Reduced Dividend Payments | Anticipates temporarily suspending or paying a nominal dividend until further notice. All future dividends are subject to approval by the Company’s Board of Directors |
| Essex Property Trust, Inc. | $1,557 | Public: S&P 500 | Real Estate | Expanded Benefits Programs | Support employees with additional paid leave to help provide flexibility to meet family and other personal needs |
| UDR, Inc. | $1,260 | Public: S&P 500 | Real Estate | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – In considering the adverse effects of the COVID-19 pandemic on the Company’s performance and our management’s strong leadership in addressing the adverse effects of the pandemic, on December 11, 2020, the Committee approved a modification to the Company’s 2020-2022 long-term incentive compensation program. The Committee recognized that the performance targets for the 1-Year FFO as Adjusted Metric were established prior to the beginning of the COVID-19 pandemic and, accordingly, at a time when the adverse impact of the pandemic on the Company’s business, and in particular the adverse impact of the pandemic on the Company’s 2020 FFO as Adjusted, was unforeseeable. The Committee also recognized that the adverse impact of the pandemic was not unique to the Company and that the pandemic adversely impacted the Company’s industry in general. The Committee also considered the strong leadership of the named executive officers and other participants in the LTI Program during the pandemic, as demonstrated by their efforts to institute new procedures and policies to address the economic and regulatory changes arising from the COVID-19 pandemic. Accordingly, the Committee modified the LTI Program to remove the 1-Year FFO as Adjusted Metric for the 2020 fiscal year, and to replace such metric with a new metric based on the Company’s growth in FFO as Adjusted over a two-year period |
| Kimco Realty Corporation | $1,058 | Public: S&P 500 | Real Estate | Suspended or Reduced Dividend Payments | Only May 8, temporarily suspended the dividend on its common shares. Kimco’s Board of Directors will continue to monitor the company’s financial performance and economic outlook on a monthly basis |
| SL Green Realty Corp. | $1,028 | Public: S&P 500 | Real Estate | Suspended Buyback Program | Share repurchases under the Company’s share repurchase program will be temporarily curtailed |
| Amazon.com, Inc. | $386,064 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | Amazon will pay one-time bonuses for all front-line workers and partners with the company throughout June. The payout comes after the company decided last month to end a short-term pay bump for employees, including those in warehouses fulfilling customer orders. Full-time employees at Amazon, its Whole Foods Market business and drivers in its contracted delivery program will receive $500, while those in part-time positions will receive $250. Another group of drivers will get $150. Leaders at Amazon and Whole Foods will receive a $1,000 bonus, and owners running contracted delivery-service operations will get $3,000 |
| Amazon.com, Inc. | $386,064 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Mid-March through the end of May, increased wages by $2 per hour for delivery and warehouse employees along with double overtime pay. Amazon returned to regular wages in June |
| Amazon.com, Inc. | $386,064 | Public: S&P 500 | Retailing | Expanded Workforce | Added 100,000 jobs in fulfillment centers and delivery network |
| Amazon.com, Inc. | $386,064 | Public: S&P 500 | Retailing | Expanded Benefits Programs | All team members placed into quarantine or diagnosed with COVID-19 will receive up to an additional two weeks of paid time off |
| The Home Depot, Inc. | $110,225 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | Created additional bonuses to hourly associates at $100 per week for full-time hourly associates and $50 per week for part-time hourly associates in stores and distribution centers effective March 23. These benefits continued through the third quarter of 2020. On November 20, 2020, the Company announced permanent compensation enhancements for frontline, hourly associates |
| The Home Depot, Inc. | $110,225 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Offering double-time pay to hourly associates for overtime hours worked between March 25 and April 30 |
| The Home Depot, Inc. | $110,225 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended share repurchases in March 2020 |
| The Home Depot, Inc. | $110,225 | Public: S&P 500 | Retailing | Expanded Benefits Programs | Added 80 hours of paid time off for all full-time hourly associates and 40 hours of paid time off for part-time hourly associates. Added 160 hours of paid time off for full-time hourly associates who are 65 years of age or older or determined to be at higher risk by the CDC, and 80 hours of paid time off for part-time. Providing paid time off for any associate who has contracted COVID-19 until they’ve been released by a doctor Providing up to 14 days paid time off for any associate required to be quarantined. Extended dependent care benefits and waived co-pays |
| Target Corporation | $78,112 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | Gave bonus ranging from $250 to $1,500 to 20,000 store team leads who oversaw individual departments in stores in April; $200 bonuses to all hourly full-time and part-time team members in stores and distribution centers in July; Performance bonus for all Store Directors, Executive Team Leaders and salaried Distribution Center leaders in July; $200 bonuses to more than 350,000 frontline team members by early November, representing an investment of more than $70M in our team ahead of the holidays |
| Target Corporation | $78,112 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Effective in April, all full-time and part-time hourly team members working in stores and distribution centers received a $2-per-hour wage increase that was guaranteed through at least May 2. Target then extended its $2 per hour wage increase for hourly store workers until May 30. Target announced its plans to raise starting wages for hourly workers to $15 permanently beginning in July |
| Target Corporation | $78,112 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended share buybacks |
| Target Corporation | $78,112 | Public: S&P 500 | Retailing | Expanded Benefits Programs | Paid leave of 30 days for U.S. team employees who are 65 years old, pregnant or have underlying medical conditions. Waived its absentee policy, and will pay up to 14 days of quarantine and illness pay for employees with COVID-19 Extended 30 day paid leave for team members are over 65 years old, pregnant, or have a medical condition through the end of May |
| Lowe’s Companies, Inc. | $72,148 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | $300 for full-time associates and $150 for part-time and seasonal associates paid on March 31. Created a second specialty payment in May of $80 million to its frontline hourly workers, matching a payment the company made in March. As of June 1 when additional pay expired, Lowe’s had spent over $250 million on COVID-19-related employee investment; October 16 bonus will match the funds Lowe’s provided to all hourly workers in March, May, July and August, with full-time employees receiving $300, and part-time and seasonal employees getting an extra $150 |
| Lowe’s Companies, Inc. | $72,148 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Temporarily increasing wages by $2 an hour for every full-time, part-time and seasonal hourly store, contact center and supply chain associates for hours they work throughout the month of April in the U.S. and Canada |
| Lowe’s Companies, Inc. | $72,148 | Public: S&P 500 | Retailing | Expanded Workforce | Actively hiring for 30,000 positions in-stores |
| Lowe’s Companies, Inc. | $72,148 | Public: S&P 500 | Retailing | Suspended Buyback Program | The Company decided to suspend share repurchases, and does not expect to repurchase any more shares this year beyond what was executed in the first quarter |
| Lowe’s Companies, Inc. | $72,148 | Public: S&P 500 | Retailing | Expanded Benefits Programs | 14-days of emergency paid leave for all associates. Extended emergency paid leave up to a total of four weeks for those at a higher risk for severe illness. Extended telemedicine benefit |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | Salary reduced 50% through September 1 |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Executives: Reduced CEO Incentive Compensation | Suspended short-term incentive plan in Q2 and Q3 of 2020. Reinstated short-term incentive compensation in Q4 2020. |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Executives: Reduced Executive Chairman Pay | Executive Chairman salary reduced 50% through September 1 |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Salaries of CEO direct reports reduced 20% through September 1 |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Incentive | Suspended short-term incentive plan in Q2 and Q3 of 2020. Reinstated short-term incentive compensation in Q4 2020. |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Cash compensation deferred 50% through September 1 |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Suspended 401(k) Match | Suspended its 401(k)-matching program; resumed match |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | Field employees whose hours have been eliminated will be paid for two weeks at their normal wage rate based on their average hours worked over the last 10 weeks |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | Paid recognition bonuses to field employees in Q4 2020. Best Buy said it will pay pandemic-related bonuses to all hourly employees in February 2021 |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | All hourly employees are receiving a temporary pay increase |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Furlough of Employees | Furloughed 51,000 hourly workers. Furloughed employees will retain their health benefits at no cost for a minimum of three months |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Suspended Buyback Program | On March 21, 2020, announced the suspension of all share repurchases to conserve liquidity in light of COVID-19-related uncertainties. Resumed repurchases in the fourth quarter of fiscal 2021 |
| Best Buy Co., Inc. | $43,638 | Public: S&P 500 | Retailing | Other | The company is raising the starting hourly wage for all Domestic employees to $15 effective Aug. 2. Driven by extensive employee feedback, and to provide more predictability in pay, a 4% increase in hourly rate will replace short-term incentive compensation for hourly store employees below the leadership level. After the 4% hourly pay increase, employees who are not yet at $15 per hour will have their pay increased to the $15 per hour starting wage |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | CEO salary reduced by 30% until July 4, 2020 |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Executives: Reduced Executive Chairman Pay | Executive Chairman salary reduced by 30% until July 4, 2020 |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Executive officers salaries reduced by 20% until July 4. Other senior executives salaries reduced by undisclosed amounts until July 4 |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Board cash retainer reduced by undisclosed amount until July 4, 2020 |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | Continued pay of store associates in closed stores until April 11 |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Furlough of Employees | Furloughing a majority of hourly store and distribution associates in U.S. and Canada after April 5, 2020 |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended share repurchase program |
| The TJX Companies, Inc. | $41,717 | Public: S&P 500 | Retailing | Suspended or Reduced Dividend Payments | Suspended share repurchase plan |
| Dollar General Corporation | $27,754 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | Announced $35 million in bonuses for all store, distribution center and private fleet employees |
| Dollar General Corporation | $27,754 | Public: S&P 500 | Retailing | Expanded Workforce | By the end of April, it plans to hire up to 50,000 workers, the majority of which will be temporary |
| Dollar General Corporation | $27,754 | Public: S&P 500 | Retailing | Suspended Buyback Program | The Company temporarily suspended repurchases of its common stock under its share repurchase program during the first quarter of 2020 to evaluate the implications of the COVID-19 pandemic |
| Dollar Tree, Inc. | $23,611 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | For at least four weeks, will pay every hourly-paid store associate reporting to the store manager, and every hourly-paid DC associate, a $2 per hour premium for all hours worked during the period. Dollar Tree had extended the end date of its increase of a $2/hour increase to all distribution center workers and store employees, except store managers, from May 16, but let it expire on May 30 |
| Dollar Tree, Inc. | $23,611 | Public: S&P 500 | Retailing | Expanded Workforce | Plans to hire 25,000 full- and part-time associates |
| Dollar Tree, Inc. | $23,611 | Public: S&P 500 | Retailing | Suspended Buyback Program | The Company has temporarily suspended share repurchases |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Long-Term Incentive Plan Changes | Shifted to an equity vehicle tied to stock price for 2021 from a performance equity vehicle based on earnings per share (EPS) |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | CEO salary reduced by 50% until further notice |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | EVPs are taking a 30% salary reduction and SVPs are taking a 20% salary reduction |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Board of Directors has unanimously determined to forgo 100% of cash retainer indefinitely |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | Any location that has to close due to coronavirus will pay its employees for an additional two weeks |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Furlough of Employees | Effective April 18, 2020, approximately 15,500 CarMax associates will be placed on furlough |
| CarMax, Inc. | $21,424 | Public: S&P 500 | Retailing | Suspended Buyback Program | In addition, subsequent to the end of the fiscal year, we halted our stock repurchase program, although the repurchase authorization remains effective |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | Decreased executive leadership compensation |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Executives: Reduced CEO Incentive Compensation | Reduced bonuses and commissions |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Decreased executive leadership compensation |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Incentive | Reduced bonuses and commissions |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Non-Executives: Suspended Raises and/or Bonuses | Reduced bonuses and commissions. Delayed merit increases |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Reduced Workforce | Headcount reductions, voluntary and involuntary leave of absences |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Furlough of Employees | Headcount reductions, voluntary and involuntary leave of absences |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended share repurchases |
| Genuine Parts Company | $16,537 | Public: S&P 500 | Retailing | Executives: Suspended Raises and/or Bonuses | Delayed merit increases |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Committee established two equally weighted six-month performance periods covering the first half and second half of fiscal year 2020 for the 2020 Bonus Plan. 50% of each participant’s fiscal year 2020 target bonus opportunity was allocated to each equally weighted period. On August 10, 2020, the Board approved cash and equity incentive awards for the NEOs and other executives. The Board had previously delayed setting the fiscal year 2020 goals for the annual bonus plan and performance share grants given the significant and ongoing impact of the current COVID-19 pandemic |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – The Committee established two equally weighted six-month performance periods covering the first half and second half of fiscal year 2020 for the outstanding performance share awards that were granted prior to fiscal 2020. 50% of each participant’s target number of performance shares that would be earned based on fiscal year 2020 performance were allocated to each equally weighted period; For the fiscal year 2020 performance share awards, which had been previously granted in March 2020, the Committee established a cumulative earnings goal and total shareholder return modifier that, in each case, would be measured over a 2.5 year performance period beginning on August 2, 2020 and ending on the last day of fiscal year 2022. On August 10, 2020, the Board approved cash and equity incentive awards for the NEOs and other executives. The Board had previously delayed setting the fiscal year 2020 goals for the annual bonus plan and performance share grants given the significant and ongoing impact of the current COVID-19 pandemic |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | Temporary reduction in pay |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Temporary reduction in pay |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Temporarily reduced pay |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | Provide impacted store employees with pay continuity and benefits during this two-week period |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Furlough of Employees | Furloughed majority of store teams, pausing pay but continuing to offer applicable benefits |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended cash dividend and share buybacks for the remainder of FY20 |
| The Gap, Inc. | $16,383 | Public: S&P 500 | Retailing | Suspended or Reduced Dividend Payments | Deferred the record and payment dates for previously announced Q1 2020 dividend, and suspended regular quarterly cash dividend for the remainder of fiscal year 2020 |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Annual Incentive Plan Changes | Revised current, in-process incentive plan -On August 19, 2020, the Compensation Committee, approved modifications to the Company’s management incentive plan for fiscal 2020, and adopted key business priorities that will be considered by the Committee as alternative performance criteria in determining the bonus payout levels at the end of the fiscal year, which will be subject to reduced maximum payout limits |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Long-Term Incentive Plan Changes | On August 19, 2020, the Compensation Committee, approved modifications to the Company’s performance share award program for fiscal 2020, and adopted key business priorities that will be considered by the Committee as alternative performance criteria in determining the performance share payout levels at the end of the fiscal year, which will be subject to reduced maximum payout limits |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | The CEO has forgone her entire salary until such time as at least 50% of the Company’s Ross Dress for Less and dd’s DISCOUNTS store locations have reopened |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Executives: Reduced Executive Chairman Pay | Chairman of the board will forgo 100% of salary for duration of crisis |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Effective April 1, 2020, the executive officers of the Company have each agreed to amend their Executive Employment Agreement to reduce their salary levels until such time as at least 50% of the Company’s store locations have reopened |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Cash retainer reduced 100% |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Non-Executives: Reduced Pay | Senior executive team has also agreed to take substantial salary cuts during this period, with smaller salary reductions cascading down to all Associates through a certain level |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | Providing up to two weeks of continued pay for any full-time or hourly associate who cannot work due to a COVID-19 related closure |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Furlough of Employees | Temporarily furloughed majority of Store and Distribution Center associates, as well as some other associates across the business starting April 5th and until operations can resume. All furloughed employees will remain Ross associates with no change to their health benefits |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspending stock repurchase program |
| Ross Stores, Inc. | $16,039 | Public: S&P 500 | Retailing | Suspended or Reduced Dividend Payments | Suspension of quarterly dividend program |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | Suspended 100% cash compensation of CEO |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Executives: Reduced CEO Incentive Compensation | Suspended 100% of cash compensation of CEO |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Reduced salary 20% for SVPs and above |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Cash compensation temporarily reduced 100% |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Non-Executives: Suspended Raises and/or Bonuses | Deferring annual merit increases |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | All employees received pay and benefits during temporary closure from March 17 to March 29 |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Reduced Workforce | Announced in July plans to lay off about 850 corporate employees, or about 15% of the jobs at its home office |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Furlough of Employees | Furloughed most store associates plus those who are not currently working to support the online businesses or who cannot work from home, effective April 5, 2020 until further notice. All furloughed associates will continue to receive existing healthcare benefits |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Executives: Suspended Raises and/or Bonuses | Deferring annual merit increases |
| L Brands, Inc. | $12,914 | Public: S&P 500 | Retailing | Suspended or Reduced Dividend Payments | Suspended quarterly cash dividend beginning Q2 2020. The company remains committed to paying dividends over the long-term and will re-evaluate when appropriate |
| AutoZone, Inc. | $12,632 | Public: S&P 500 | Retailing | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Adjusted 2020 bonus calculation (EBIT & ROIC metrics) for additional paid time off granted to employees due to the pandemic |
| AutoZone, Inc. | $12,632 | Public: S&P 500 | Retailing | Suspended Buyback Program | The Company has temporarily suspended its share repurchase program |
| AutoZone, Inc. | $12,632 | Public: S&P 500 | Retailing | Expanded Benefits Programs | Offering workers an emergency time off benefit of 80 hours for full-timers to help them deal with the impact of the coronavirus pandemic. Part-time workers will be eligible for up to 40 hours of emergency time off |
| LKQ Corporation | $11,629 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | Lowering compensation for salaried employees |
| LKQ Corporation | $11,629 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Lowering compensation for salaried employees |
| LKQ Corporation | $11,629 | Public: S&P 500 | Retailing | Non-Executives: Reduced Pay | Lowering compensation for salaried employees |
| LKQ Corporation | $11,629 | Public: S&P 500 | Retailing | Reduced Workforce | Furloughs and reductions in force, as well as elimination of temporary labor |
| LKQ Corporation | $11,629 | Public: S&P 500 | Retailing | Furlough of Employees | Furloughs |
| LKQ Corporation | $11,629 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended share repurchases on March 16, 2020 |
| O’Reilly Automotive, Inc. | $11,604 | Public: S&P 500 | Retailing | Suspended Buyback Program | On March 16, 2020, the Company ceased share repurchases under its share repurchase program |
| Tractor Supply Company | $10,620 | Public: S&P 500 | Retailing | Non-Executives: One-Time Bonus | One-time special $1,000 bonus to exempt store managers and a $500 bonus to frontline leadership and support roles |
| Tractor Supply Company | $10,620 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Extended $2 per hour appreciation bonus to all hourly team members, originally effective from March 16 to April 25 |
| Tractor Supply Company | $10,620 | Public: S&P 500 | Retailing | Expanded Workforce | Plans to immediately fill more than 5,000 full-time and part-time positions |
| Tractor Supply Company | $10,620 | Public: S&P 500 | Retailing | Suspended Buyback Program | Company has suspended its share repurchase activity effective March 12, 2020 |
| Tractor Supply Company | $10,620 | Public: S&P 500 | Retailing | Expanded Benefits Programs | Extended paid sick leave by two weeks for all team members affected by COVID-19. Waiving cost-sharing for telehealth visits for any reason |
| eBay Inc. | $10,271 | Public: S&P 500 | Retailing | Expanded Benefits Programs | Matching an additional $1 million in employee donations in response to the pandemic |
| Advance Auto Parts, Inc. | $10,106 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended share buybacks |
| Advance Auto Parts, Inc. | $10,106 | Public: S&P 500 | Retailing | Expanded Benefits Programs | Additional flexibility during this time in terms of both our attendance and sick leave policy; implemented emergency pay guidelines which includes additional paid sick time |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – For many reasons, including the strong leadership of the Executive Officers, the strong financial and operating performance of the Company prior to the pandemic, the Company’s performance during 2020 amid and in response to the pandemic, the pay program disruptions resulting from the pandemic and the other factors discussed in this Form 8-K, on January 28, 2021 the Board of Directors, on the recommendation of the Compensation Committee: Adjusted the terms of the Executive Officers’ 2018 PSU awards to set their payout at 1.33x the number of “target” shares underlying the grants and adjusted the terms of the Executive Officers’ 2019 PSU awards to set their payout at 0.33x the number of “target” shares underlying the grants. |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | The Company’s CEO voluntarily eliminated his salary from April through the end of 2020 and a number of the Company’s other business leaders, including the Company’s CFO, David Goulden, and the Company’s General Counsel, Peter Millones, voluntarily and temporarily reduced their salaries during much of 2020. |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Other business leaders, including Brand CEOs and the CFO, will forgo 100% of salaries from April through the end of 2020 |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Incentive | The Executive Officers elected not to receive 2019 bonuses to provide additional funding for bonuses for other employees |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Our Board of Directors has reduced cash retainer payments 100% during the same time period |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Reduced Workforce | In response to the pandemic, the Company and its senior business leaders proactively took steps to stabilize its business and secure its liquidity position and made a series of difficult decisions, including laying off and furloughing thousands of employees, and significantly reducing expenses |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Furlough of Employees | In response to the pandemic, the Company and its senior business leaders proactively took steps to stabilize its business and secure its liquidity position and made a series of difficult decisions, including laying off and furloughing thousands of employees, and significantly reducing expenses |
| Booking Holdings Inc. | $8,897 | Public: S&P 500 | Retailing | Suspended Buyback Program | Halted stock buybacks |
| Ulta Beauty, Inc. | $7,398 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | Announced in April that the CEO will forgo 100% of base salary indefinitely and donate $500,000 to Associate Relief Program. Announced that the CEO’s salary would restart effective June 14 after 2-month elimination |
| Ulta Beauty, Inc. | $7,398 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | Directors will each make personal donations to the COVID-19 relief |
| Ulta Beauty, Inc. | $7,398 | Public: S&P 500 | Retailing | Non-Executives: Guaranteed Pay Continuity | Will continue to pay store and salon associates and provide benefits for those who are currently enrolled during this period |
| Ulta Beauty, Inc. | $7,398 | Public: S&P 500 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Providing associates actively working at the distribution centers a $2-per-hour wage premium through May 31 |
| Ulta Beauty, Inc. | $7,398 | Public: S&P 500 | Retailing | Furlough of Employees | Furlough of many store and salon associates effective April 19. Will continue to provide health benefits |
| Ulta Beauty, Inc. | $7,398 | Public: S&P 500 | Retailing | Suspended Buyback Program | Suspended stock repurchase program |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – On March 2, 2018, Mr. Dzielak was granted 51,280 performance-based stock options that vest 50% subject to the satisfaction of a stock price goal of $200 on September 15, 2021 and the remaining 50% subject to the satisfaction of a stock price goal of $180 on September 30, 2021, with satisfaction of the stock price goal in each case measured on the basis of the average of the closing prices of the Company’s common stock for either the six- or twelve-month period immediately preceding the applicable vest date. The Committee determined that it was appropriate to modify the 2018 Dzielak Performance Options such that in the event that the stock price goal is not satisfied for the $180 target, 50% of the 2018 Dzielak Performance Options will vest on February 15, 2022, representing 4.5 month extension of vesting beyond the performance measurement period, and in the event the stock price goal is not satisfied for the $200 target, the remaining 50% of the 2018 Dzielak Performance Options will vest on February 15, 2023, representing a 17 month extension of vesting beyond the performance measurement period, subject in each case to Mr. Dzielak’s continued employment. In approving the modifications, the Committee took into account a number of factors, including the impact of the COVID-19 pandemic on the travel industry generally |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Executives: Reduced CEO Base Salary | CEO agreed to continue to forgo 100% of his base salary for the remainder of 2020 |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Executives: Reduced CEO Incentive Compensation | CEO cash bonus reduced 100% with respect to 2019, as a result of the pandemic. |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Executives: Reduced Executive Chairman Pay | Executive Chair elected to forego 100% of his base salary for the remainder of 2020; Executive Chair did not receive an annual equity award for 2020 or a cash bonus with respect to 2019 |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Executives: Reduced Other Executive Base Salary | Senior Executives – the Travel Leadership Team – will be taking a reduction in salary of 25% for the balance of the year |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Board of Directors: Reduced Pay | The Members of the Board will forgo 100% of cash compensation for the remainder of the year |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Suspended 401(k) Match | 401(k) matching contributions in the U.S. will be suspended through the end of the year |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Furlough of Employees | We will be implementing furloughs and reduced work week programs for select volume-based teams through August 31 |
| Expedia Group, Inc. | $5,199 | Public: S&P 500 | Retailing | Suspended Buyback Program | We’re also prudently managing our strong balance sheet and have suspended share repurchases to provide additional flexibility as we navigate this situation |
| Etsy, Inc. | $1,378 | Public: S&P 500 | Retailing | Suspended Buyback Program | Temporarily suspended share repurchases |
| Intel Corporation | $77,867 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Suspended Buyback Program | Suspended stock repurchases |
| Intel Corporation | $77,867 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Expanded Benefits Programs | Expanded back-up childcare program, giving employees an additional 15 days to account for school closures |
| QUALCOMM Incorporated | $23,531 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Suspended Buyback Program | Suspended stock repurchases; In the first quarter of fiscal 2021, we resumed stock repurchases under the stock repurchase program, which we had suspended in the third quarter of fiscal 2020 in light of COVID-19 to maintain our financial liquidity position and flexibility |
| Analog Devices, Inc. | $5,603 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – In June 2020, the Compensation Committee determined for a 2017 Linear Integration PRSU Special that the cumulative revenue goal would have been met at the 80% attainment level but for a two-week shipping delay in orders due to the COVID-19 pandemic. Given the duration of, and reason for, the two-week delay, the Compensation Committee concluded that the participants had demonstrated achievement of the underlying integration and synergy objectives of the Linear Integration PRSUs and determined that, for purposes of exercising negative discretion, it would treat the cumulative revenue goal as having been satisfied at the 80% level. Accordingly, the Compensation Committee reduced the number of Linear Integration PRSUs issuable from 120% to 100% of the target number |
| Analog Devices, Inc. | $5,603 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Non-Executives: Additional Payments for On-Site Employees | Provided onsite employees with additional incentives and benefits to allow for continuity during this very difficult time |
| Analog Devices, Inc. | $5,603 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Suspended Buyback Program | Temporarily suspended our share repurchase program midway through the quarter |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Executives: Reduced CEO Base Salary | CEO will take a 20% salary cut effective on April 20, 2020 |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Executives: Reduced CEO Incentive Compensation | Reduced 2020 annual incentive payouts 100% for quarter 4 |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Executives: Reduced Other Executive Base Salary | President and other executive staff members will take a 20% salary cut effective on April 20, 2020 |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Executives: Reduced Other Executive Incentive | Reduced 2020 annual incentive payouts 100% for quarter 4 |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Board of Directors: Reduced Pay | The Microchip board of directors will also take a 20% cut in their cash compensation effective April 20, 2020 |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Non-Executives: Reduced Pay | The rest of the non-factory employees in the company will take a 10% salary cut. The salary cuts will be in addition to the reduction of cash bonuses and other discretionary expenses |
| Microchip Technology Incorporated | $5,274 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Suspended 401(k) Match | Suspended Q4 401(K) match |
| Qorvo, Inc. | $3,239 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Executives: Suspended Raises and/or Bonuses | The Committee decided to postpone any base salary increases for NEOs due to the market uncertainties resulting from the COVID-19 pandemic. Further, no changes were made to the target short-term incentive award opportunities for fiscal 2021 |
| Teradyne, Inc. | $3,121 | Public: S&P 500 | Semiconductors and Semiconductor Equipment | Suspended Buyback Program | Share repurchase program suspended as of April 1, 2020 |
| Microsoft Corporation | $143,015 | Public: S&P 500 | Software and Services | Non-Executives: Guaranteed Pay Continuity | Committed to continue to pay all vendor hourly service providers regular wages even if their hours are reduced because of COVID-19 concerns |
| International Business Machines Corporation | $73,621 | Public: S&P 500 | Software and Services | Reduced Workforce | The company was offering subsidized medical coverage to all laid-off U.S. employees through June 2021 |
| Oracle Corporation | $39,068 | Public: S&P 500 | Software and Services | Non-Executives: Guaranteed Pay Continuity | Employees who aren’t considered critical or can’t do their jobs remotely will continue to be paid until further notice |
| Visa Inc. | $21,846 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – In August 2020, placed more emphasis on individual performance in the annual incentive plan for fiscal year 2020 by increasing the weighting of the individual performance component to 50% for all of our NEOs, from last year’s weighting of 20% for the CEO and 30% for the other NEOs. The individual performance goals for NEOs that were initially set in October 2019 through January 2020 were also updated in April 2020 to reflect changing business priorities and the extraordinary circumstances caused by COVID-19. The Compensation Committee did not modify the corporate performance goals that were established at the beginning of the fiscal year, prior to the onset of COVID-19, for the annual cash incentive plan or outstanding performance share awards. As a result, the portion of the annual cash incentive plan that relates to fiscal year 2020 Net Income Growth and Net Revenue Growth resulted in no annual incentive payment to our NEOs. Similarly, one-third of each outstanding performance share award held by our NEOs resulted in a fiscal year 2020 Earnings Per Share (“EPS”) performance factor of 0%. Revised go forward incentive plan – Approved a scorecard approach for fiscal year 2021 annual incentive awards. Performance metrics are in four categories, under which formulaic and non-formulaic goals will be pre-established in each category, reviewed during the year, and evaluated at year-end. The categories are Financial Goals; Client Goals; Foundational Business Goals; and ESG, Technology, and Other Corporate Priority Goals |
| Visa Inc. | $21,846 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – approved a scorecard approach for fiscal year 2021 annual incentive awards. Performance metrics are in four categories, under which formulaic and non-formulaic goals will be pre-established in each category, reviewed during the year, and evaluated at year-end. The categories are Financial Goals; Client Goals; Foundational Business Goals; and ESG, Technology, and Other Corporate Priority Goals |
| Visa Inc. | $21,846 | Public: S&P 500 | Software and Services | Expanded Benefits Programs | Broadened childcare and benefit offerings |
| Visa Inc. | $21,846 | Public: S&P 500 | Software and Services | Other | Pledging not to lay off workers amid the coronavirus unemployment crisis |
| PayPal Holdings, Inc. | $21,454 | Public: S&P 500 | Software and Services | Other | Committed to not lay off any employees due to the coronavirus crisis |
| DXC Technology Company | $19,577 | Public: S&P 500 | Software and Services | Suspended or Reduced Dividend Payments | Company has elected to suspend payment of a quarterly dividend |
| salesforce.com, inc. | $17,098 | Public: S&P 500 | Software and Services | Non-Executives: Guaranteed Pay Continuity | Will continue to pay hourly workers while offices are closed |
| salesforce.com, inc. | $17,098 | Public: S&P 500 | Software and Services | Other | Pledged not to conduct any significant lay offs over the next 90 days |
| Cognizant Technology Solutions Corporation | $16,652 | Public: S&P 500 | Software and Services | Suspended Buyback Program | Suspended share repurchase activity |
| Mastercard Incorporated | $15,301 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – On December 31, 2020, the Board approved bonus adjustments for all bonus-eligible employees to exclude the impact of the decrease in Personal Consumption Expenditure and cross-border travel from the financial performance metrics, as well as certain other pandemic-related expense savings. The Board also capped the maximum payout of the 2020 bonus at target, resulting in lower payouts compared to the three previous years |
| Mastercard Incorporated | $15,301 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – On December 31, 2020, the Board determined to exclude the financial impact of the decrease in Personal Consumption Expenditure and cross-border travel due to the pandemic from the financial performance targets that determine the 2020 PSU Awards. In addition, the Board also capped PSU payouts at target |
| Mastercard Incorporated | $15,301 | Public: S&P 500 | Software and Services | Suspended Buyback Program | Mastercard has temporarily suspended 2020 share repurchase activity |
| Fiserv, Inc. | $14,852 | Public: S&P 500 | Software and Services | Executives: Reduced CEO Base Salary | Reduced CEO salary by 100% |
| Fiserv, Inc. | $14,852 | Public: S&P 500 | Software and Services | Executives: Reduced Other Executive Base Salary | Reduced COO salary by 100% and other NEOS reduced salary by 20% |
| Fiserv, Inc. | $14,852 | Public: S&P 500 | Software and Services | Board of Directors: Reduced Pay | Effective April 9, suspended the payment of 100% of cash compensation payable to non-employee directors |
| Fiserv, Inc. | $14,852 | Public: S&P 500 | Software and Services | Suspended 401(k) Match | Suspended the discount on shares purchased under the ESPP for the period from April 1 until December 31 |
| Automatic Data Processing, Inc. | $14,590 | Public: S&P 500 | Software and Services | Executives: Reduced CEO Base Salary | A voluntary 50% pay cut in base salary by the CEO effective April 2020 and for a period to be determined |
| Automatic Data Processing, Inc. | $14,590 | Public: S&P 500 | Software and Services | Executives: Reduced Other Executive Base Salary | A base salary pay cut of 10% for senior management, including the other NEOs, effective May 2020 through August 2020 |
| Automatic Data Processing, Inc. | $14,590 | Public: S&P 500 | Software and Services | Non-Executives: One-Time Bonus | In March 2020, a one-time payment of $1,000 (or equivalent, based on the average wage parity in each country) was made to each associate of ADP and its subsidiaries, excluding corporate officers |
| Automatic Data Processing, Inc. | $14,590 | Public: S&P 500 | Software and Services | Reduced Workforce | In May 2020, the company implemented a combination of furloughs and layoffs, impacting approximately 1,000 employees. |
| Automatic Data Processing, Inc. | $14,590 | Public: S&P 500 | Software and Services | Furlough of Employees | In May 2020, the company implemented a combination of furloughs and layoffs, impacting approximately 1,000 employees. |
| Adobe Inc. | $12,868 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Announced on June 8 changes to the outstanding annual incentive plan to (1) revise the minimum performance thresholds, (2) lower the maximum Financial Performance Result from 125% to 110%, and (3) revise the payout scales to align with a revised annual operating plan for fiscal year 2020 as approved by the Board on June 5, 2020 (the “Revised FY20 Operating Plan”). The minimum performance thresholds in the Incentive Plan now require that the Company exceed (1) 60% of the GAAP revenue target set forth in the Revised FY20 Operating Plan and (2) 80% of the non-GAAP earnings per share target set forth in the Revised FY20 Operating Plan, before participants may earn any incentive bonus under the Incentive Plan |
| Leidos Holdings, Inc. | $12,297 | Public: S&P 500 | Software and Services | Executives: Reduced CEO Base Salary | CEO donated salary to the company’s relief foundation during the pandemic |
| Leidos Holdings, Inc. | $12,297 | Public: S&P 500 | Software and Services | Board of Directors: Reduced Pay | On May 1, approved a reduction in the equity compensation to be provided to members of the Board of Directors for the 2020 fiscal year to eliminate 100% of the annual grants of stock options valued at $50,000 per director. In lieu of the annual option grants for directors, the Company will contribute $500,000 to the Leidos Relief Foundation’s Keith W. Redding Memorial Fund to assist Leidos employees impacted by the COVID-19 virus |
| Leidos Holdings, Inc. | $12,297 | Public: S&P 500 | Software and Services | Furlough of Employees | Implemented furloughs |
| Leidos Holdings, Inc. | $12,297 | Public: S&P 500 | Software and Services | Expanded Benefits Programs | Commitment to match up to an additional $1 million of employee donations |
| Intuit Inc. | $7,679 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – In response to the uncertainty caused by the COVID-19 pandemic, the CEO and senior management (including the NEOs) agreed to limit cash incentives to 100% of target. Following the close of fiscal 2020, the bonus plan funding formula yielded a baseline funding percentage of 117.9% |
| Intuit Inc. | $7,679 | Public: S&P 500 | Software and Services | Non-Executives: Suspended Raises and/or Bonuses | Company-wide efforts to hold salaries flat and limit increases to promotions and market adjustments |
| Intuit Inc. | $7,679 | Public: S&P 500 | Software and Services | Suspended Buyback Program | Intuit has temporarily suspended share repurchases under its share repurchase program |
| Intuit Inc. | $7,679 | Public: S&P 500 | Software and Services | Executives: Suspended Raises and/or Bonuses | In response to the uncertainty experienced by the onset of the pandemic and to manage expenses and liquidity in a challenging environment, management’s recommendations included not increasing executive base salaries for fiscal 2021 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of base salary and bonus for the remainder of 2020 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Executives: Reduced CEO Incentive Compensation | CEO will forgo 100% of base salary and bonus for the remainder of 2020 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Executives: Reduced Other Executive Base Salary | Executive Leadership Team will forgo 50% of salary for the rest of 2020 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Executives: Reduced Other Executive Incentive | Executive Leadership Team will forgo 100% of bonuses for the rest of 2020 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Board of Directors: Reduced Pay | All cash retainers reduced 100% for 2020 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Non-Executives: Reduced Pay | Reducing all salaries by 10% for the remainder of 2020 |
| Global Payments Inc. | $7,424 | Public: S&P 500 | Software and Services | Furlough of Employees | Confirmed it has furloughs happening across the company, including at its headquarters |
| The Western Union Company | $4,835 | Public: S&P 500 | Software and Services | Suspended Buyback Program | The Company has temporarily paused share repurchases |
| Broadridge Financial Solutions, Inc. | $4,529 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | Modified the Executive Chairman’s incentive compensation effective as of July 1, 2020. Target cash incentive was decreased to 100% of base salary from 125% of base salary |
| Broadridge Financial Solutions, Inc. | $4,529 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Modified the Executive Chairman’s incentive compensation effective as of July 1, 2020. Fiscal year 2021 annual equity award target value was decreased to $300,000 from $2,812,500, to be split equally between performance-based restricted stock unit and stock option awards |
| Broadridge Financial Solutions, Inc. | $4,529 | Public: S&P 500 | Software and Services | Other | Under the Matching Gift Program, the Broadridge Foundation provides up to $10,000 per calendar year in matching of charitable contributions made to qualified tax-exempt organizations on behalf of executive officers. As part of our response to the Covid-19 pandemic, Broadridge provided a double match for associate donations to certain Covid-19 relief organizations. The Compensation Committee approved the participation of executive officers in the double match program; the additional match amounts do not count towards the $10,000 calendar year maximum |
| Broadridge Financial Solutions, Inc. | $4,529 | Public: S&P 500 | Software and Services | Executives: Suspended Raises and/or Bonuses | In September 2020, determined to not award base salary increases to the NEOs for fiscal year 2021 due to the impact of the Covid-19 pandemic, in alignment with actions taken for all associates other than certain production associates and associates in India |
| ServiceNow, Inc. | $4,519 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | Lowered the annual internal targets for the Cash Incentive in line with the Company’s adjusted internal annual financial plan due to COVID-19 |
| ServiceNow, Inc. | $4,519 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Lowered the annual internal targets for PRSU awards in line with the Company’s adjusted internal annual financial plan due to COVID-19 |
| ServiceNow, Inc. | $4,519 | Public: S&P 500 | Software and Services | Expanded Workforce | The company plans to fill 1,000 jobs worldwide, as well as hire 360 college students as interns this summer, as they continue to expand their workforce |
| ServiceNow, Inc. | $4,519 | Public: S&P 500 | Software and Services | Other | Pledged that it would not lay off a single employee in 2020 |
| Gartner, Inc. | $4,190 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – On February 3, 2021, the Committee determined to use its discretion under the Plan to approve a PSU payout at 95% of target. In deciding to exercise this discretion to adjust the PSU payout, the Committee considered the Corporation’s strong overall performance in 2020 despite the significant negative impact of the COVID-19 pandemic |
| Gartner, Inc. | $4,190 | Public: S&P 500 | Software and Services | Reduced Workforce | In April 2020, the Company committed to workforce reductions and implemented an employee furlough program within the Conferences segment, affecting approximately 45% of total Conference employees (approximately 3% of total Company employees) |
| Gartner, Inc. | $4,190 | Public: S&P 500 | Software and Services | Furlough of Employees | In April 2020, the Company committed to workforce reductions and implemented an employee furlough program within the Conferences segment, affecting approximately 45% of total Conference employees (approximately 3% of total Company employees) |
| Gartner, Inc. | $4,190 | Public: S&P 500 | Software and Services | Suspended Buyback Program | Suspended share repurchase activity |
| Paychex, Inc. | $4,041 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | A discretionary bonus of $62,560 was paid to the SVP, Sales for fiscal 2020 to align his total payout with other SVPs due to the significant impact of COVID-19 on sales results in the fourth quarter which impacted his non-equity incentive compensation |
| Paychex, Inc. | $4,041 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Elected to exercise discretion to pro-rate LTIP payout for the first 45 months of the 48 month performance period (pro-rate LTIP through February 29, 2020) |
| Paychex, Inc. | $4,041 | Public: S&P 500 | Software and Services | Executives: Reduced CEO Base Salary | On June 18, 2020, the CEO and other NEOs elected to reduce their salaries for the fiscal year ending May 31, 2021 (fiscal 2021) by 20% from July 1, 2020 through December 31, 2020 |
| Paychex, Inc. | $4,041 | Public: S&P 500 | Software and Services | Executives: Reduced Other Executive Base Salary | On June 18, 2020, the CEO and other NEOs elected to reduce their salaries for the fiscal year ending May 31, 2021 (fiscal 2021) by 20% from July 1, 2020 through December 31, 2020 |
| Paychex, Inc. | $4,041 | Public: S&P 500 | Software and Services | Board of Directors: Reduced Pay | The Board elected to temporarily take a 20% reduction in annual cash retainer fees, not including committee and chair retainers, from July 1, 2020 through December 31, 2020 |
| Autodesk, Inc. | $3,274 | Public: S&P 500 | Software and Services | Annual Incentive Plan Changes | For fiscal 2021, the Committee mitigated the impact of such uncertainty by reducing complexity of the bonus awards, focusing on revenue as a sole performance metric, and retaining discretion over the bonus |
| Autodesk, Inc. | $3,274 | Public: S&P 500 | Software and Services | Long-Term Incentive Plan Changes | Reducing complexity, focusing on total revenue as the sole performance metric and retaining discretion over the PSUs that otherwise would be payable based on actual performance |
| Apple Inc. | $274,515 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Guaranteed Pay Continuity | Hourly workers will continue to receive pay in alignment with business as usual operations |
| Apple Inc. | $274,515 | Public: S&P 500 | Technology Hardware and Equipment | Expanded Benefits Programs | Matching employee donations two-to-one to support COVID-19 response efforts locally, nationally and internationally. Expanded leave policies to accommodate personal or family health circumstances created by COVID-19 |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Annual Incentive Plan Changes | Revised current, in-process incentive plan – In recognition of critical financial, operational and strategic priorities that surfaced during the year in connection with the COVID-19 pandemic, the committee has adopted an additional structured framework to guide potential discretionary decisions. The Committee may exercise discretion to adjust fiscal 2020 bonus funding under the AIP, based on the achievements in employee safety and engagement, operations execution, financial metrics including around revenue improvement, liquidity, and progress against previously announced cost savings and optimization plan, and progress against strategic pivot to everything-as-a-service. |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | July 1 through December 31 reduced CEO and EVP salaries 25% |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | For the period beginning on July 1, 2020 through the remainder of fiscal 2020, the base salaries of each executive officer at the Executive Vice President level, will be reduced by 25%, and the base salary of each executive officer at the Senior Vice President level will be reduced by 20% |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Board of Directors: Reduced Pay | July 1 through December 31 reduced by 25% the portion of the annual $100,000 cash retainer to which each director is entitled |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Suspended Raises and/or Bonuses | Salary freeze through October 31 |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Furlough of Employees | For employees that live in countries where pay reductions are not legally permitted, HPE is implementing unpaid leave. |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Suspended Buyback Program | HPE has suspended purchases under its share repurchase program |
| Hewlett Packard Enterprise Company | $26,982 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Suspended Raises and/or Bonuses | Salary freeze through October 31 |
| CDW Corporation | $18,468 | Public: S&P 500 | Technology Hardware and Equipment | Suspended Buyback Program | Temporarily suspended share repurchases from March 2020 through October 2020; In November 2020, announced the resumption of our share repurchase program |
| Western Digital Corporation | $16,736 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Guaranteed Pay Continuity | Continued pay for employees who could not work from home |
| Western Digital Corporation | $16,736 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Additional Payments for On-Site Employees | Offered premium pay for certain hourly essential workers |
| Western Digital Corporation | $16,736 | Public: S&P 500 | Technology Hardware and Equipment | Suspended or Reduced Dividend Payments | Announced April 30 that it is suspending its dividend |
| TE Connectivity Ltd. | $12,172 | Public: S&P 500 | Technology Hardware and Equipment | Annual Incentive Plan Changes | Revised go forward incentive plan – For FY2021, there will be two performance intervals with one payout at the end of the fiscal year. This design will allow the Company to establish quantitative financial goals for the first half and second half of the fiscal year. The Company views this change as temporary and necessary to adequately motivate and reward performance |
| TE Connectivity Ltd. | $12,172 | Public: S&P 500 | Technology Hardware and Equipment | Furlough of Employees | Furloughed some employees |
| TE Connectivity Ltd. | $12,172 | Public: S&P 500 | Technology Hardware and Equipment | Expanded Benefits Programs | 2:1 match on employee donations to specific medical facilities near major TE locations nationwide |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Effective June 1, the base salary of the Company’s CEO will be reduced by 40% through December 31. The Company will issue equity in the form of RSUs and stock options, in an amount equivalent to the employee’s salary reduction on the grant date |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | Effective June 1, NEO salaries will be reduced by 30% through December 31. The Company will issue equity in the form of RSUs and stock options, in an amount equivalent to the employee’s salary reduction on the grant date |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Board of Directors: Reduced Pay | Effective June 1, each non-employee director’s cash compensation will be reduced by 40% through December 31. Each non-employee director will receive restricted stock units in an amount equivalent to the director’s fee reduction |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Reduced Pay | Reducing the salaries, from 5% to 30%, for all other salaried employees in the United States from June 1 through December 31. The Company will issue equity in the form of RSUs and stock options, in an amount equivalent to the employee’s salary reduction on the grant date |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Additional Payments for On-Site Employees | Additional compensation over the next month for employees who must continue working in facilities deemed essential |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Reduced Workforce | Layoffs happened because “a number” of employees at workplaces that are deemed non-essential by the mandate cannot perform their jobs remotely |
| Corning Incorporated | $11,303 | Public: S&P 500 | Technology Hardware and Equipment | Suspended Buyback Program | We plan to maintain our dividend and have paused share buybacks |
| Xerox Holdings Corporation | $7,022 | Public: S&P 500 | Technology Hardware and Equipment | Long-Term Incentive Plan Changes | Approved grants of RSUs under the Company’s Performance Incentive Plan to employees, including NEOs, who had received grants of PSUs in 2019 and/or 2020 that are subject to performance metrics that have been permanently adversely impacted by the COVID-19 pandemic. The grant-date value of the new RSUs for each recipient is expected to approximate 50% of the grant-date value of the recipient’s 2019 and/or 2020 PSUs. These special Awards and RSU grants are not intended to take the place of the Company’s 2021 regular annual cash and equity incentive programs |
| Xerox Holdings Corporation | $7,022 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Granted Discretionary Award | Approved cash retention incentive awards to approximately 1,350 management level employees of the Company. The value of the Awards will not exceed 50% of the 2020 target award amounts the Committee had established under its regular annual cash incentive program. Although the results for 2020 will not be certified until early 2021, the Company’s financial results reported to date indicate that the threshold metrics for payment will not be met as a result of the shutdown of customers’ on-site office environments in response to the COVID-19 pandemic. The Awards are not intended to replace the 2020 MIP. Award amounts approved for the Company’s NEOs include $900K for the CEO and range between $205.32K and $287.5K for the other NEOs. These special Awards and RSU grants are not intended to take the place of the Company’s 2021 regular annual cash and equity incentive programs |
| Xerox Holdings Corporation | $7,022 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced CEO Incentive Compensation | Lower compensation incentives consistent with lower sales and operating results |
| Xerox Holdings Corporation | $7,022 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced Other Executive Incentive | Lower compensation incentives consistent with lower sales and operating results |
| Xerox Holdings Corporation | $7,022 | Public: S&P 500 | Technology Hardware and Equipment | Non-Executives: Reduced Pay | Lower compensation incentives consistent with lower sales and operating results |
| Xerox Holdings Corporation | $7,022 | Public: S&P 500 | Technology Hardware and Equipment | Suspended 401(k) Match | Temporary suspension of 401(k) matching contributions |
| NetApp, Inc. | $5,412 | Public: S&P 500 | Technology Hardware and Equipment | Suspended Buyback Program | During the first quarter of fiscal 2021 the Company announced the suspension of our stock repurchases |
| Zebra Technologies Corporation | $4,448 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Reduced CEO salary by 30% for a period of 3 months |
| Zebra Technologies Corporation | $4,448 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | Reduced salaries of other executive officers by 20% for a period of 3 months |
| Zebra Technologies Corporation | $4,448 | Public: S&P 500 | Technology Hardware and Equipment | Board of Directors: Reduced Pay | Reduced cash compensation for directors by 30% for 3 months |
| Trimble Inc. | $3,148 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Temporary 50% in the base salaries of most of the executive officers |
| Trimble Inc. | $3,148 | Public: S&P 500 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | Temporary 50% in the base salaries of most of the executive officers |
| Trimble Inc. | $3,148 | Public: S&P 500 | Technology Hardware and Equipment | Board of Directors: Reduced Pay | Temporary reduction of 50% in the annual cash retainer fees payable to non-employee directors |
| Trimble Inc. | $3,148 | Public: S&P 500 | Technology Hardware and Equipment | Suspended Buyback Program | Suspended its share repurchase activities in May |
| FLIR Systems, Inc. | $1,888 | Public: S&P 500 | Technology Hardware and Equipment | Suspended Buyback Program | Pause its share repurchase activity for the foreseeable future. |
| AT&T Inc. | $171,760 | Public: S&P 500 | Telecommunication Services | Non-Executives: One-Time Bonus | 20% bonus above regular hourly base rate of pay to bargained-for employees for all time worked in the field, office or at home effective March 25 through May 8 |
| AT&T Inc. | $171,760 | Public: S&P 500 | Telecommunication Services | Non-Executives: Additional Payments for On-Site Employees | We are recognizing first-level managers who supervise our non-management employees and first-level managers who are required to leave their homes to complete their work with a monthly appreciation bonus of up to $1,000 for time worked, effective March 25 through May 8 |
| AT&T Inc. | $171,760 | Public: S&P 500 | Telecommunication Services | Suspended Buyback Program | Canceled previously disclosed $4B accelerated share-repurchase agreement, as well as any other repurchases |
| AT&T Inc. | $171,760 | Public: S&P 500 | Telecommunication Services | Expanded Benefits Programs | Providing up to 80 hours of paid time off to employees who cannot work from home |
| Verizon Communications Inc. | $128,292 | Public: S&P 500 | Telecommunication Services | Non-Executives: Guaranteed Pay Continuity | Reduced by 50% the number of employees working shifts in our retail locations and we are paying employees for any shifts they may miss due to these scheduling changes |
| Verizon Communications Inc. | $128,292 | Public: S&P 500 | Telecommunication Services | Non-Executives: Additional Payments for On-Site Employees | Eligible retail employees will receive an increase in their base hourly rate when working in a corporate-owned retail location; The company’s eligible network, logistics and real estate employees, including field technicians, will receive an enhancement on top of their regular base wages |
| Verizon Communications Inc. | $128,292 | Public: S&P 500 | Telecommunication Services | Expanded Benefits Programs | Those who contract the virus are eligible for up to 26 weeks paid leave; For employees caring for someone who’s been infected, for employees directed to stay home due to an underlying medical condition and for employees who have trouble finding childcare at this time, Verizon provides 8 weeks of pay at full pay and, if needed, an additional six weeks with 60% of their base wage |
| Verizon Communications Inc. | $128,292 | Public: S&P 500 | Telecommunication Services | Other | Preparing to re-train and re-deploy thousands of its retail employees to work-from-home functions |
| T-Mobile US, Inc. | $68,397 | Public: S&P 500 | Telecommunication Services | Expanded Benefits Programs | 2:1 match for employees who want to give additional funds to Feeding America or the CDC Foundation |
| Lumen Technologies, Inc. | $20,712 | Public: S&P 500 | Telecommunication Services | Executives: Reduced CEO Base Salary | Reductions in salaries and wages and employee-related expenses from lower headcount |
| Lumen Technologies, Inc. | $20,712 | Public: S&P 500 | Telecommunication Services | Executives: Reduced Other Executive Base Salary | Reductions in salaries and wages and employee-related expenses from lower headcount |
| Lumen Technologies, Inc. | $20,712 | Public: S&P 500 | Telecommunication Services | Non-Executives: Reduced Pay | Reductions in salaries and wages and employee-related expenses from lower headcount |
| Lumen Technologies, Inc. | $20,712 | Public: S&P 500 | Telecommunication Services | Reduced Workforce | Lowered headcount |
| Lumen Technologies, Inc. | $20,712 | Public: S&P 500 | Telecommunication Services | Expanded Benefits Programs | Introduced additional emergency PTO and expansion of short-term disability benefits |
| United Parcel Service, Inc. | $84,628 | Public: S&P 500 | Transportation | Suspended Buyback Program | Suspending stock buybacks for the year |
| United Parcel Service, Inc. | $84,628 | Public: S&P 500 | Transportation | Expanded Benefits Programs | 10-day paid-leave policy that covers approximately 300,000 full- and part-time hourly employees (primarily drivers, package handlers and mechanics) if they should become directly impacted by the novel Coronavirus |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Annual Incentive Plan Changes | Revised go forward incentive plan – Eliminated 2021 bonus plan and instead granted special RSU awards equal to approximately 50% of each NEO’s annual RSU award other than the CEO |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Long-Term Incentive Plan Changes | Revised go forward incentive plan – Granted special RSU awards equal to approximately 50% of each NEO’s annual RSU award other than the CEO after eliminating 2021 bonus plan |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Executives: Granted Discretionary Award | The CEO and COO will each receive a one-time, special stock option grant with an exercise price of $130.96 that will vest ratably over four years beginning on June 15, 2021. The filing did not note the size of the stock options grants. FedEx’s stock price on June 15, 2020, was $133.68 |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | CEO approved a 91% reduction in base salary for the six-month period from April 1, 2020 to September 30, 2020 |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Executives: Reduced CEO Incentive Compensation | Given the current economic and business uncertainty resulting from the COVID-19 pandemic, canceled 100% of annual incentive compensation plan for executive officers for fiscal 2021 |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Incentive | Given the current economic and business uncertainty resulting from the COVID-19 pandemic, canceled 100% of annual incentive compensation plan for executive officers for fiscal 2021 |
| FedEx Corporation | $69,217 | Public: S&P 500 | Transportation | Furlough of Employees | Temporarily furloughing “a small number” of employees |
| Union Pacific Corporation | $19,533 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | Executives will see a 25% reduction in pay in May, June, July and August |
| Union Pacific Corporation | $19,533 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Base Salary | Executives will see a 25% reduction in pay in May, June, July and August |
| Union Pacific Corporation | $19,533 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | Board members will see a 25% reduction in pay in May, June, July and August |
| Union Pacific Corporation | $19,533 | Public: S&P 500 | Transportation | Non-Executives: Reduced Pay | Every non-union UP employee will take one week of unpaid leave in May, June, July and August |
| Union Pacific Corporation | $19,533 | Public: S&P 500 | Transportation | Furlough of Employees | At the end of the first quarter, approximately 3,800 employees across all crafts were either furloughed or in alternate work status |
| Union Pacific Corporation | $19,533 | Public: S&P 500 | Transportation | Suspended Buyback Program | Suspended share repurchase activity |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | CEO salary reduced 55% through the end of June |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Base Salary | Effective April 1st, reduced NEO salaries by 50% through the end of June, except for the President who had their salary reduced by 55% |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | Cash compensation reduced 100% through August 30 |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Non-Executives: Suspended Raises and/or Bonuses | Pausing compensation increases |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Reduced Workforce | Workforce reduction amounts to more than 5,000 of American’s roughly 17,000 management and support workers. The airline said it would accept volunteers to take buyouts through June 10 and make forced cuts if there aren’t enough. Those decisions will be announced in July, and employees will remain on the payroll through Sept. 30; Effective October 1, the airline estimates total employment will be 40,000 less than pre-pandemic levels due to additional layoffs, voluntary separations, and early retirement programs |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Furlough of Employees | Voluntary unpaid leave in addition to the hiring and pay freezes, early retirement options (15+ year service); On August 25, the airline informed its employees of the need to furlough approximately 17,500 U.S.-based employees effective Oct. 1 |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Suspended Buyback Program | Suspended its share buyback plan after taking nearly $11 billion in government assistance from the CARES Act |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Executives: Suspended Raises and/or Bonuses | Pausing compensation increases |
| American Airlines Group Inc. | $17,337 | Public: S&P 500 | Transportation | Suspended or Reduced Dividend Payments | Suspended its dividend plan after taking nearly $11 billion in government assistance from the CARES Act |
| Delta Air Lines, Inc. | $17,095 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary for a six-month period |
| Delta Air Lines, Inc. | $17,095 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Base Salary | Officers and MDs will take salary reductions through June 30 of 50% and 25%, respectively |
| Delta Air Lines, Inc. | $17,095 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | Pay reduced 100% for six-months |
| Delta Air Lines, Inc. | $17,095 | Public: S&P 500 | Transportation | Furlough of Employees | Making voluntary leave available for 13,000 employees. Employees will continue to have access to health and flight benefits while on leave |
| Delta Air Lines, Inc. | $17,095 | Public: S&P 500 | Transportation | Suspended Buyback Program | Delta suspended the stock repurchase program |
| Delta Air Lines, Inc. | $17,095 | Public: S&P 500 | Transportation | Suspended or Reduced Dividend Payments | Delta suspended future dividend payments |
| C.H. Robinson Worldwide, Inc. | $16,207 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | The Company approved temporary 50% salary reductions from May 1, 2020 to July 31, 2020 for the CEO |
| C.H. Robinson Worldwide, Inc. | $16,207 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Base Salary | The Company approved temporary 20% salary reductions from May 1, 2020 to July 31, 2020 for executive officers. |
| C.H. Robinson Worldwide, Inc. | $16,207 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | The Company’s Board of Directors approved 50% reductions in the base annual retainer payments for members of the board from May 1, 2020 to July 31, 2020 |
| C.H. Robinson Worldwide, Inc. | $16,207 | Public: S&P 500 | Transportation | Suspended 401(k) Match | Temporarily suspending 401(k) retirement plan matching |
| C.H. Robinson Worldwide, Inc. | $16,207 | Public: S&P 500 | Transportation | Furlough of Employees | Accelerating the use of paid time off, and temporarily furloughing approximately 7% of U.S and Canadian employees for 90 days effective May 1. Those furloughed will have their medical insurance and other benefits covered |
| C.H. Robinson Worldwide, Inc. | $16,207 | Public: S&P 500 | Transportation | Suspended Buyback Program | We have temporarily suspended share repurchase activity |
| United Airlines Holdings, Inc. | $15,355 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary until June 2020 |
| United Airlines Holdings, Inc. | $15,355 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Base Salary | President is forgoing 100% of salary until June 2020 |
| United Airlines Holdings, Inc. | $15,355 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | Non-employee directors waived 100% of cash compensation for second and third quarters of 2020 |
| United Airlines Holdings, Inc. | $15,355 | Public: S&P 500 | Transportation | Reduced Workforce | Announced in May layoffs for 3,400 employees on its administrative staff on October 1. Announced in July that layoffs will instead affect 36,000, or 45% of its front-line workers in the U.S. |
| United Airlines Holdings, Inc. | $15,355 | Public: S&P 500 | Transportation | Furlough of Employees | Furloughed 13,000 employees in October |
| United Airlines Holdings, Inc. | $15,355 | Public: S&P 500 | Transportation | Suspended Buyback Program | Company suspended share buybacks under its existing share repurchase program on Monday, February 24, 2020 after the virus outbreak expanded to Italy |
| CSX Corporation | $10,583 | Public: S&P 500 | Transportation | Furlough of Employees | Initiated voluntary furlough of majority of employees |
| Norfolk Southern Corporation | $9,789 | Public: S&P 500 | Transportation | Annual Incentive Plan Changes | Revised current, in-process incentive plan – At the January 4, 2021 meeting, the Committee reviewed the preliminary corporate performance results for the 2020 performance measures that the Committee established in January 2020 for operating ratio and operating income under the EMIP. The EMIP permits the Committee to use its discretion to increase corporate performance achievement up to certain maximums. The Committee determined to use its discretion under EMIP to increase the 2020 corporate performance achievement to slightly less than half of the EMIP award target that the Committee set in January 2020. In deciding to use this discretion to adjust the annual incentive payout, the Committee considered that the Corporation’s overall performance in 2020 was strong but that the year’s performance was significantly impacted by a volume and revenue trough in the second quarter resulting from business shutdowns and slowdowns caused by the COVID-19 pandemic |
| J.B. Hunt Transport Services, Inc. | $9,637 | Public: S&P 500 | Transportation | Non-Executives: One-Time Bonus | One-time bonus of $500 for drivers and personnel at field operations and customer facilities to be paid March 27 |
| Southwest Airlines Co. | $9,048 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | CEO salary reduced 20% May through September and 100% effective in October |
| Southwest Airlines Co. | $9,048 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | Reduced board cash retainer fees by 20% |
| Southwest Airlines Co. | $9,048 | Public: S&P 500 | Transportation | Furlough of Employees | Implemented voluntary time-off programs |
| Southwest Airlines Co. | $9,048 | Public: S&P 500 | Transportation | Suspended Buyback Program | Dividends and share repurchase programs suspended until further notice |
| Southwest Airlines Co. | $9,048 | Public: S&P 500 | Transportation | Suspended or Reduced Dividend Payments | Dividends and share repurchase programs suspended until further notice |
| Old Dominion Freight Line, Inc. | $4,015 | Public: S&P 500 | Transportation | Non-Executives: One-Time Bonus | Provided non-executive employees with a special bonus payment as a way of thanking them for their extraordinary effort in serving our customers through this pandemic |
| Old Dominion Freight Line, Inc. | $4,015 | Public: S&P 500 | Transportation | Furlough of Employees | Implemented an employee furlough program for 15% of employees. For the duration of this program, we will provide health benefits for these employees at no cost, and they will also retain their seniority with the company |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary through September 30th |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Executives: Reduced Other Executive Base Salary | Salary reduction of 100% for President, 30% for EVPs and SVPs, and 20% for VPs and MDs through September 30th |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Board of Directors: Reduced Pay | Cash retainers reduced 100% through September 30 |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Non-Executives: Reduced Pay | 20% pay decrease for VPs and MDs April through September 30 |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Non-Executives: Suspended Raises and/or Bonuses | Suspended annual pay increases |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Furlough of Employees | Offer employees unpaid leaves of absence for 30, 60 and 90 day time-frames |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Suspended Buyback Program | Suspended share buyback program through September 30, 2021 |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Executives: Suspended Raises and/or Bonuses | Suspended annual pay increases |
| Alaska Air Group, Inc. | $3,566 | Public: S&P 500 | Transportation | Suspended or Reduced Dividend Payments | Suspended cash dividend through September 30, 2021 |
| Kansas City Southern | $2,633 | Public: S&P 500 | Transportation | Furlough of Employees | Reduced April 2020 headcount reflects end of month headcount, in order to capture furlough actions taken late in the month |
| Duke Energy Corporation | $23,868 | Public: S&P 500 | Utilities | Non-Executives: One-Time Bonus | $1,500 stipend to assist with unplanned expenses to employees at a certain pay threshold |
| Duke Energy Corporation | $23,868 | Public: S&P 500 | Utilities | Expanded Benefits Programs | Providing five additional personal days off to employees who experience a disruption in dependent care due to school, daycare or other child-related care |
| Dominion Energy, Inc. | $14,172 | Public: S&P 500 | Utilities | Expanded Benefits Programs | The Company provided 80 hours of additional leave for those sick with the virus, caring for someone sick with the virus, or dealing with unexpected child care needs. The Company also provided free coronavirus testing under its health plans, and a relief fun to help employees facing financial hardships as a result of the pandemic |
| CenterPoint Energy, Inc. | $12,120 | Public: S&P 500 | Utilities | Suspended or Reduced Dividend Payments | Reduced dividend payment from $0.29 to $0.15 per share |
| Xcel Energy Inc. | $11,526 | Public: S&P 500 | Utilities | Executives: Reduced CEO Incentive Compensation | Reductions variable compensation |
| Xcel Energy Inc. | $11,526 | Public: S&P 500 | Utilities | Executives: Reduced Other Executive Incentive | Reductions variable compensation |
| Xcel Energy Inc. | $11,526 | Public: S&P 500 | Utilities | Non-Executives: Reduced Pay | Reductions variable compensation |
| Xcel Energy Inc. | $11,526 | Public: S&P 500 | Utilities | Reduced Workforce | Reductions of employee expenses |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Long-Term Incentive Plan Changes | On November 18, 2020, the Board approved grants of performance-based Career Share PRSUs (under a new “Performance-Based Career Shares Award Agreement” as of the effective date of the grant) that will be earned contingent on achievement of liquidity (1/3), backlog (1/3), and total shareholder return (1/3) measured from November 1, 2020 through December 31, 2021, which must be no less than the median relative to an auto supplier peer group |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | On April 10, 2020, the Company reduced salaries by 10% for NEOs for the remainder of 2020 and implemented a 20% salary deferral for all employees. On November 18, 2020, the Company announced that the base salary rates that were in effect immediately prior to the deferrals and reductions will be restored, and the salary amounts deferred by the named executive officers will be repaid by December 31, 2020 |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | NEO salaries reduced 5% for the remainder of 2020 in addition to 5% salary deferral for all employees |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | On April 10, 2020, the Board reduced cash retainer fees by 25% for the remainder of 2020. On November 18, 2020, the Company announced that the reduction in non-employee director cash retainer fees will end effective immediately, and the fees in place before the reduction will be reinstated for the remainder of 2020 |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Non-Executives: Reduced Pay | Temporary 20% salary deferral for all U.S. and Canadian salaried employees |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Furlough of Employees | In response to the COVID-19 pandemic, the Company reduced hourly factory worker costs through temporary layoffs |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Suspended Buyback Program | Temporarily suspending share repurchases |
| Lear Corporation | $17,046 | Public: S&P 400 | Automobiles and Components | Suspended or Reduced Dividend Payments | Temporarily suspending quarterly dividend |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Effective April 20th, CEO salary reduced and deferred until July 15, 2020; Effective July 1st, certain employees, including executive officers, will be granted RSU awards in lieu of 10-30% of salary and other compensatory benefits that are being foregone by each recipient from the time period beginning July 1, 2020 through June 30, 2021 |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Reduced salaries by 20% for all U.S.-based employees until June 30, 2020; Effective July 1st, certain employees, including executive officers, will be granted RSU awards in lieu of 10%-30% of salary and other compensatory benefits that are being foregone by each recipient from the time period beginning July 1, 2020 through June 30, 2021 |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | Reduced board fees by 20% |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Non-Executives: Reduced Pay | Reduced salaries by 20% for all U.S.-based employees until June 30, 2020; Effective July 1st, certain employees will be granted RSU awards in lieu of 10% to 30% of salary and other compensatory benefits that are being foregone by each recipient from the time period beginning July 1, 2020 through June 30, 2021 |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit-based increase |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Suspended 401(k) Match | The Company suspended company matching and non-matching contributions to the U.S. 401(k) retirement plans |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Furlough of Employees | Furloughed direct/salary plant workers |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Executives: Suspended Raises and/or Bonuses | Suspended merit-based increase |
| Adient plc | $12,670 | Public: S&P 400 | Automobiles and Components | Suspended or Reduced Dividend Payments | Effective in May, suspended future dividends |
| The Goodyear Tire & Rubber Company | $12,321 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Base salary reduction will be 25% of total base salary, with additional 25% of his total base salary deferred April 1 to June 30 to be paid no later than March 2021 |
| The Goodyear Tire & Rubber Company | $12,321 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Base salary reduction for NEOs will be 10% of total base salary, with additional 20% of total base salary deferred April 1 to June 30 to be paid no later than March 2021 |
| The Goodyear Tire & Rubber Company | $12,321 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | The company is also implementing actions to reduce its payroll costs including substantial salary reductions and deferrals for the company’s directors |
| The Goodyear Tire & Rubber Company | $12,321 | Public: S&P 400 | Automobiles and Components | Non-Executives: Reduced Pay | The company is also implementing actions to reduce its payroll costs including temporary salary reductions and salary deferrals covering over 9,000 of its corporate and business unit associates |
| The Goodyear Tire & Rubber Company | $12,321 | Public: S&P 400 | Automobiles and Components | Furlough of Employees | The company is also implementing actions to reduce its payroll costs including furloughs |
| The Goodyear Tire & Rubber Company | $12,321 | Public: S&P 400 | Automobiles and Components | Suspended or Reduced Dividend Payments | Temporarily suspends quarterly dividend, reduces 2020 capital expenditures to further enhance liquidity |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Effective in April, CEO Bob Martin reduced his base compensation 100% and will forgo all cash compensation until further notice. As of June 2, 2020, the company has restored salaries of all employees impacted by salary reductions to pre-pandemic levels |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Incentive Compensation | Effective in April, CEO Bob Martin reduced his base compensation to zero and will forgo 100% of cash compensation until further notice. As of June 2, 2020, the company has restored salaries of all employees impacted by salary reductions to pre-pandemic levels |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Effective in April, NEOs and other key executives of the Company will be taking at least a 40% reduction in base salary and will forego all other cash compensation resulting in an expected reduction of nearly 85 percent of their total compensation. As of June 2, 2020, the company has restored salaries of all employees impacted by salary reductions to pre-pandemic levels |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Incentive | Effective in April, NEOs and other key executives will forego 100% of cash compensation resulting in an expected reduction of nearly 85% of their total compensation. As of June 2, 2020, the company has restored salaries of all employees impacted by salary reductions to pre-pandemic levels |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | Effective in April cash compensation reduced 40% until further notice. As of June 2, 2020, the company has restored salaries of all employees impacted by salary reductions to pre-pandemic levels |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Non-Executives: Reduced Pay | Effective in April, many employees across the Company have seen a reduction in cash compensation. Company does not expect to pay any cash bonuses until further notice, which it believes will be likely through the end of its fiscal year which ends July 31. As of June 2, 2020, the company has restored salaries of all employees impacted by salary reductions to pre-pandemic levels |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Reduced Workforce | Furloughed or laid off a number of valuable team members |
| Thor Industries, Inc. | $8,168 | Public: S&P 400 | Automobiles and Components | Furlough of Employees | Furloughed or laid off a number of valuable team members |
| Dana Incorporated | $7,106 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Reduced CEO salary 50% beginning in April |
| Dana Incorporated | $7,106 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Reduced salaries of all employees 20% to 50% beginning in April |
| Dana Incorporated | $7,106 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | Reduced board of director pay beginning in April |
| Dana Incorporated | $7,106 | Public: S&P 400 | Automobiles and Components | Reduced Workforce | The Company made headcount reductions across its operations in response to the COVID-19 pandemic |
| Dana Incorporated | $7,106 | Public: S&P 400 | Automobiles and Components | Suspended Buyback Program | Temporarily suspended the repurchase of common stock |
| Dana Incorporated | $7,106 | Public: S&P 400 | Automobiles and Components | Suspended or Reduced Dividend Payments | Announced April 16 that it will temporarily suspend its common stock dividend |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Executives: Granted Discretionary Award | On December 15, 2020, the Board approved a discretionary “Resilience Bonus” to be paid to all eligible employees, including three NEOs, equal to an amount of 60% of each employee’s 2020 bonus target. The Company had previously cancelled all payments under any short-term incentive plan with respect to 2020 performance |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Salary reduced 100%. Salary reductions will be reassessed at the end of the second quarter |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Salaries of the executive leadership cut by 30%. Salary reductions will be reassessed at the end of the second quarter |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | Salary reduced 100%. Salary reductions will be reassessed at the end of the second quarter |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Non-Executives: Reduced Pay | Salaried employees would see a reduction of between 10% to 20%. Salary reductions will be reassessed at the end of the second quarter |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Non-Executives: One-Time Bonus | On December 15, 2020, the Board approved a discretionary “Resilience Bonus” to be paid to all eligible employees who joined the Company on or before September 30 and are still employed December 31, 2020. The bonus will equal 60% of each employee’s 2020 bonus target |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Reduced Workforce | Implemented job cuts that amount to about 13% of its global workforce. CFO departed the company as part of the changes |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Furlough of Employees | Majority of U.S. production employees will be on temporary layoff with medical benefits |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Suspended Buyback Program | Company has suspended discretionary share repurchases. This has continued through the Company’s fourth quarter |
| Harley-Davidson, Inc. | $4,054 | Public: S&P 400 | Automobiles and Components | Suspended or Reduced Dividend Payments | Board of Directors approved a cash dividend of $0.02 per share for the second quarter of 2020, down from the amount of the first quarter 2020 dividend of $0.38 per share |
| Visteon Corporation | $2,548 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Implemented base salary reductions of 40%; The salary decreases will be effective beginning May 1, 2020, and last four months |
| Visteon Corporation | $2,548 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Base Salary | Implemented base salary reductions of 30% for Executive Committee. The salary decreases will be effective beginning May 1, 2020, and last four months |
| Visteon Corporation | $2,548 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | Reducing the cash retainer fees paid to nonemployee directors by 30% effective beginning May 1 for four months |
| Visteon Corporation | $2,548 | Public: S&P 400 | Automobiles and Components | Non-Executives: Reduced Pay | Reducing all other employee salaries by 20% effective beginning May 1 for four months |
| Visteon Corporation | $2,548 | Public: S&P 400 | Automobiles and Components | Suspended 401(k) Match | The Company is also suspending its contributions under the Visteon Investment Plan (401K), Supplemental Executive Retirement Plan, and Savings Parity Plan from May 1, 2020 until September 30, 2020 |
| Visteon Corporation | $2,548 | Public: S&P 400 | Automobiles and Components | Reduced Workforce | The company will further reduce the number of employees at various site |
| Gentex Corporation | $1,688 | Public: S&P 400 | Automobiles and Components | Executives: Granted Discretionary Award | One-time continuity cash awards to named executive officers & key employees, with NEO awards ranging from $230K to $1.9M |
| Gentex Corporation | $1,688 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Temporarily reducing pay for the leadership team and all executive officers by 20%, effective April 1, 2020, such reduction to remain in effect through the rest of 2020 |
| Gentex Corporation | $1,688 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Incentive Compensation | Canceled 100% of 2020 bonus and LTI plan |
| Gentex Corporation | $1,688 | Public: S&P 400 | Automobiles and Components | Executives: Reduced Other Executive Incentive | Canceled 100% of 2020 bonus and LTI plan |
| Gentex Corporation | $1,688 | Public: S&P 400 | Automobiles and Components | Board of Directors: Reduced Pay | 20% reduction in the annual cash retainers for non-employee directors for service on the Company’s Board of Directors, effective April 1, 2020, such reduction to remain in effect through the rest of 2020 |
| Fox Factory Holding Corp. | $814 | Public: S&P 400 | Automobiles and Components | Annual Incentive Plan Changes | Revised go forward incentive plan – On August 3, 2020, the Compensation Committee of the Board approved amendments to executive employment agreements to remove specific target metrics for the executive bonus program. The amendments authorize the Compensation Committee to structure, calculate and design the executive bonus program with the intent of driving stockholder value and serving to align and engage employees |
| Fox Factory Holding Corp. | $814 | Public: S&P 400 | Automobiles and Components | Executives: Reduced CEO Base Salary | Executive pay cuts |
| Fox Factory Holding Corp. | $814 | Public: S&P 400 | Automobiles and Components | Furlough of Employees | Temporary furloughs |
| First Horizon Corporation | $2,266 | Public: S&P 400 | Banks | Furlough of Employees | Implemented employee furloughs |
| TCF Financial Corporation | $1,814 | Public: S&P 400 | Banks | Suspended Buyback Program | Temporarily suspended buybacks under its share repurchase program, but retains the ability to reinstate as circumstances warrant |
| Synovus Financial Corp. | $1,664 | Public: S&P 400 | Banks | Non-Executives: Guaranteed Pay Continuity | Providing full salary to team members where working from home is not an option for up to 10 business days |
| Synovus Financial Corp. | $1,664 | Public: S&P 400 | Banks | Non-Executives: Additional Payments for On-Site Employees | Providing $50 bonus for each day worked, up to $500 each pay period to team members in customer-facing and support roles required to work onsite |
| Synovus Financial Corp. | $1,664 | Public: S&P 400 | Banks | Suspended Buyback Program | Paused share repurchase activity beyond the $16.2 million completed in the first quarter |
| Synovus Financial Corp. | $1,664 | Public: S&P 400 | Banks | Expanded Benefits Programs | Providing full salary to team members for absences due to a hardship created by school, childcare, or eldercare facility closures, where working from home is not an option, for up to 10 business days |
| CIT Group Inc. | $1,617 | Public: S&P 400 | Banks | Non-Executives: Additional Payments for On-Site Employees | The Company implemented a supplemental pay plan, through July 31, 2020, for employees who were unable to work remotely in service to our customers |
| CIT Group Inc. | $1,617 | Public: S&P 400 | Banks | Suspended Buyback Program | Temporarily suspended share repurchases |
| CIT Group Inc. | $1,617 | Public: S&P 400 | Banks | Expanded Benefits Programs | The Company provided enhanced benefits for COVID-19 testing and care as part of its health plans |
| Wintrust Financial Corporation | $1,429 | Public: S&P 400 | Banks | Suspended Buyback Program | Temporarily suspended common stock repurchase program |
| Wintrust Financial Corporation | $1,429 | Public: S&P 400 | Banks | Expanded Benefits Programs | Modified certain health care programs to provide additional benefits during the COVID-19 pandemic, as well as offering other pandemic benefits and compensation premiums to eligible employees |
| Cullen/Frost Bankers, Inc. | $1,200 | Public: S&P 400 | Banks | Suspended Buyback Program | Temporarily suspended share repurchases |
| Valley National Bancorp | $1,163 | Public: S&P 400 | Banks | Non-Executives: One-Time Bonus | Paid $1.8 million in bonuses to our hourly ($1,000 each) and part-time ($500 each) associates |
| Valley National Bancorp | $1,163 | Public: S&P 400 | Banks | Expanded Benefits Programs | Valley to incur 100% of COVID-related medical costs (testing and treatment) for covered employees and their families; 80 hours of additional paid time for quarantine and sick time; as well as 24 additional hours for childcare arrangements |
| UMB Financial Corporation | $1,161 | Public: S&P 400 | Banks | Expanded Benefits Programs | Supplemental compensation and additional PTO for those unable to work remotely. About 80% are working remotely; The Company expanded health insurance coverage for COVID-19 testing and access to telehealth services |
| Prosperity Bancshares, Inc. | $1,142 | Public: S&P 400 | Banks | Expanded Benefits Programs | Provided paid time off for associates directly impacted by COVID-19; Separated critical functions across facilities and implemented rotating schedules with remote work capabilities; Encouraged at-risk associates to work remotely |
| F.N.B. Corporation | $1,125 | Public: S&P 400 | Banks | Reduced Workforce | On December 10, 2020, the Company announced it would consolidate 21 retail locations as part of a $20 million cost-savings initiative in 2021 aimed at keeping expenses consistent with 2020 operating levels, driven by changes in consumer preferences for mobile over branch transactions during the pandemic |
| F.N.B. Corporation | $1,125 | Public: S&P 400 | Banks | Suspended Buyback Program | In May 2020, the Company temporarily suspended share repurchases. On December 10, 2020, the Company announced it had resumed share repurchases during the fourth quarter |
| F.N.B. Corporation | $1,125 | Public: S&P 400 | Banks | Expanded Benefits Programs | Providing additional leave time and medical expense support for our employees, additional pay for back office and frontline employees to defray COVID-19 related expenses and supplying pandemic kits (cleaning supplies, disinfectants, masks etc.) to employees |
| Associated Banc-Corp | $1,121 | Public: S&P 400 | Banks | Non-Executives: Guaranteed Pay Continuity | Associated is continuing to pay colleagues whose work is affected by changes to its services and is offering bonus payments to employees whose work requires them to be in company facilities, has expanded its leave policies to accommodate personal or family health circumstances caused by COVID-19 |
| Associated Banc-Corp | $1,121 | Public: S&P 400 | Banks | Non-Executives: Additional Payments for On-Site Employees | Associated is offering bonus payments to employees whose work requires them to be in company facilities |
| Associated Banc-Corp | $1,121 | Public: S&P 400 | Banks | Suspended Buyback Program | On March 13th, 2020, the Company suspended its share repurchases |
| Associated Banc-Corp | $1,121 | Public: S&P 400 | Banks | Expanded Benefits Programs | One of the first banks to transition to primarily online, mobile and drive-through service with its lobbies available by appointment only; suspended operations at 29 branches without drive-throughs, about 3,200 colleagues (~68% of workforce) working from home, Associated has expanded its leave policies to accommodate personal or family health circumstances caused by COVID-19 |
| New York Community Bancorp, Inc. | $1,099 | Public: S&P 400 | Banks | Reduced Workforce | Implemented mass layoffs employee furloughs |
| New York Community Bancorp, Inc. | $1,099 | Public: S&P 400 | Banks | Furlough of Employees | Implemented mass layoffs employee furloughs |
| Umpqua Holdings Corporation | $1,090 | Public: S&P 400 | Banks | Expanded Benefits Programs | Umpqua enhanced associate benefits, including supplemental front line associate pay, pandemic pay bank for associates needing additional time off due to COVID-19, and flexible work rotations and remote work for higher risk associates |
| Umpqua Holdings Corporation | $1,090 | Public: S&P 400 | Banks | Suspended or Reduced Dividend Payments | Delayed the issuance of dividends until after second quarter earnings announcement |
| Webster Financial Corporation | $1,039 | Public: S&P 400 | Banks | Non-Executives: Guaranteed Pay Continuity | Bankers pay is at 100% pay. Employees will receive two weeks of pay in event of store closure, if they contract the virus, or if they are required to quarantine due to the virus |
| Webster Financial Corporation | $1,039 | Public: S&P 400 | Banks | Non-Executives: Additional Payments for On-Site Employees | Special pay considerations and additional PTO for essential front line employees |
| Webster Financial Corporation | $1,039 | Public: S&P 400 | Banks | Suspended Buyback Program | Suspended share repurchase program until further notice |
| Webster Financial Corporation | $1,039 | Public: S&P 400 | Banks | Expanded Benefits Programs | Special pay considerations and additional PTO for essential front line employees |
| Webster Financial Corporation | $1,039 | Public: S&P 400 | Banks | Other | Zero-interest loans up to $5,000 are available to assist employees and their families facing unforeseen challenges due to COVID19 |
| United Bankshares, Inc. | $967 | Public: S&P 400 | Banks | Non-Executives: Guaranteed Pay Continuity | Continuing to pay 100% of regular salaries for all employees |
| United Bankshares, Inc. | $967 | Public: S&P 400 | Banks | Non-Executives: One-Time Bonus | Paid bonuses to certain employees required to report to work |
| Pinnacle Financial Partners, Inc. | $948 | Public: S&P 400 | Banks | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Modified its 2020 annual incentive plan to substitute EPS for PPNR and also reduced the target and max payout opportunities by 35% and 40%, respectively. Plan participants may earn a payout based on the greater of the original annual incentive plan and the modified annual incentive plan |
| Pinnacle Financial Partners, Inc. | $948 | Public: S&P 400 | Banks | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Effective January 21, 2021, the Board amended the PSU award to change the performance metric from ROATA to Relative ROATCE and Relative TBV Accretion for each of the remaining performance periods under the Prior PSU Awards |
| Pinnacle Financial Partners, Inc. | $948 | Public: S&P 400 | Banks | Suspended Buyback Program | Pinnacle has suspended buyback program until better clarity on length and severity of pandemic better understood |
| Pinnacle Financial Partners, Inc. | $948 | Public: S&P 400 | Banks | Expanded Benefits Programs | Required pandemic training for all associates on best practices to stay safe, “work from home” is the default position; 70.4% of associates are working from home. Company disseminated a proactive quarantine stance to encourage people to self quarantine – pay practices include full paid leave for those who are ill, caring for a high-risk family member or unable to arrange child care, “safer-at-home” policy to encourage high risk associates (older than 65, underlying medical conditions) to work from home if possible and, if not, stay home with full pay |
| BancorpSouth Bank | $941 | Public: S&P 400 | Banks | Expanded Benefits Programs | Implemented travel restrictions early in the pandemic, employees deemed “high-risk” according to the CDC guidelines encouraged to work remotely or to quarantine, significant portion of workforce working remotely and other departments working on rotating schedules; teammates in critical functions have been further separated in their facilities, provided additional three weeks of paid time off specific to COVID-19 family and dependent support |
| PacWest Bancorp | $822 | Public: S&P 400 | Banks | Suspended Buyback Program | Suspended its share repurchase activities indefinitely in April |
| Texas Capital Bancshares, Inc. | $796 | Public: S&P 400 | Banks | Reduced Workforce | In the second quarter of 2020, the Company reduced its workforce in light of the unique economic environment and to ensure it is well-positioned to meet challenges and opportunities ahead |
| Fulton Financial Corporation | $786 | Public: S&P 400 | Banks | Suspended Buyback Program | Suspended its share repurchase activities in mid-March |
| Fulton Financial Corporation | $786 | Public: S&P 400 | Banks | Expanded Benefits Programs | Providing additional leave with pay for parents of school-age children to help them as they put in place new care solutions |
| Sterling Bancorp | $748 | Public: S&P 400 | Banks | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Introduced two new performance metrics, PPNR and PPNR ROA, in place of EPS and ROATA. The company also reduced its target and max payout opportunity from 100% to 50% and 150% to 100% of target performance, respectively. Plan participants may earn a payout based on the larger of the original annual incentive plan or the modified annual incentive plan |
| Sterling Bancorp | $748 | Public: S&P 400 | Banks | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – 25% of the 2021-2023 LTI award will be granted in October 2020 instead of Q1 2021; For senior executives, the award will be granted as PSUs, and remaining recipients will receive shares as RSUs. Early grant PSUs will have the same performance period and vesting schedule as those remaining performance awards granted in Q1 2021. On January 20, 2021, the Board removed the minimum threshold requirements for the three-year performance periods ended December 31, 2020, 2021 and 2022 and will rely on relative performance measures to determine payouts. Revised go forward incentive plan – On January 20, 2021, the Board removed the minimum threshold requirements for prospective three-year performance periods and will rely on relative performance measures to determine payouts |
| Sterling Bancorp | $748 | Public: S&P 400 | Banks | Suspended Buyback Program | Suspended its share repurchase activities in April |
| Glacier Bancorp, Inc. | $733 | Public: S&P 400 | Banks | Expanded Benefits Programs | Eliminated co-pay / co-insurance for any screening and testing and extended employee leave |
| Glacier Bancorp, Inc. | $733 | Public: S&P 400 | Banks | Other | No reduction in pay or benefits for the inability to work due to COVID-19 issues; Flexible with accruals and limits on benefit time; Work from home available to over 33% of employees; No furloughs or layoffs |
| Trustmark Corporation | $665 | Public: S&P 400 | Banks | Non-Executives: One-Time Bonus | Provided temporary compensation adjustments and one-time payment to front line associates |
| Trustmark Corporation | $665 | Public: S&P 400 | Banks | Suspended Buyback Program | Trustmark suspended its share repurchase program on March 9, 2020, to ensure ample capital to support customers during the pandemic |
| Trustmark Corporation | $665 | Public: S&P 400 | Banks | Expanded Benefits Programs | Provided all associates with additional paid sick leave |
| Hancock Whitney Corporation | $664 | Public: S&P 400 | Banks | Executives: Reduced CEO Base Salary | Members of executive management have elected to contribute a portion of their compensation to the Hancock Whitney Associate Assistance Fund to help associates in need |
| Hancock Whitney Corporation | $664 | Public: S&P 400 | Banks | Executives: Reduced Other Executive Base Salary | Members of executive management have elected to contribute a portion of their compensation to the Hancock Whitney Associate Assistance Fund to help associates in need |
| Hancock Whitney Corporation | $664 | Public: S&P 400 | Banks | Board of Directors: Reduced Pay | Board of Directors have elected to contribute a portion of their compensation to the Hancock Whitney Associate Assistance Fund to help associates in need |
| Hancock Whitney Corporation | $664 | Public: S&P 400 | Banks | Non-Executives: One-Time Bonus | Recognized non-exempt Retail Financial Center job associates with a $1,000 bonus |
| Hancock Whitney Corporation | $664 | Public: S&P 400 | Banks | Suspended Buyback Program | Stock buybacks have been suspended |
| Bank of Hawaii Corporation | $565 | Public: S&P 400 | Banks | Suspended Buyback Program | Suspended share repurchases in March 2020 |
| Washington Federal, Inc. | $549 | Public: S&P 400 | Banks | Suspended Buyback Program | Share repurchases were temporarily suspended during 2020 due to the COVID-19 pandemic |
| Cathay General Bancorp | $537 | Public: S&P 400 | Banks | Suspended Buyback Program | Temporarily suspended share repurchases |
| Fluor Corporation | $13,452 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – For 2020 only, the weightings of the performance measures for annual incentive awards for named executives will be: (i) 90% strategic performance and (ii) 10% safety with the strategic performance portion of the award based on the Committee’s evaluation of each named executive’s achievement of six strategic objectives that have been set by the Committee for all executive officers |
| Fluor Corporation | $13,452 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Executive salaries reduced 20% April to September 2020 |
| Fluor Corporation | $13,452 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Executive salaries reduced 20% April to September 2020 |
| Fluor Corporation | $13,452 | Public: S&P 400 | Capital Goods | Suspended or Reduced Dividend Payments | Suspended its dividend as of April 29 |
| AECOM | $13,240 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Temporary 20% reduction in salaries among the Board of Directors, Executive Leadership Team and other senior leaders; restored CEO pay effective October 3, 2020 |
| AECOM | $13,240 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Temporary 20% reduction in salaries among the Board of Directors, Executive Leadership Team and other senior leaders; restored NEOs’ pay effective August 1, 2020 |
| AECOM | $13,240 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | Temporary 20% reduction in salaries among the Board of Directors, Executive Leadership Team and other senior leaders |
| AECOM | $13,240 | Public: S&P 400 | Capital Goods | Reduced Workforce | The Company furloughed employees and reduced salaries in response to COVID-19 |
| AGCO Corporation | $9,150 | Public: S&P 400 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Delayed merit increases |
| AGCO Corporation | $9,150 | Public: S&P 400 | Capital Goods | Furlough of Employees | Initiated furloughs |
| AGCO Corporation | $9,150 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | During this period of uncertainty, the Company is closely managing costs as well as cash expenditures and has suspended further share repurchase |
| AGCO Corporation | $9,150 | Public: S&P 400 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Delayed merit increases |
| Builders FirstSource, Inc. | $7,792 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Reducing executive and senior management cash compensation |
| Builders FirstSource, Inc. | $7,792 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reducing executive and senior management cash compensation |
| Builders FirstSource, Inc. | $7,792 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | Cutting board compensation with the balance of fees to be paid in company stock |
| Builders FirstSource, Inc. | $7,792 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Reducing executive and senior management cash compensation |
| Builders FirstSource, Inc. | $7,792 | Public: S&P 400 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Deferring corporate wage increases |
| Builders FirstSource, Inc. | $7,792 | Public: S&P 400 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Deferring corporate wage increases |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – the Committee approved adjusting its evaluation of results to address the impact of the COVID-19 pandemic by treating the consolidated and any segment measures that fell short of threshold operating income performance as if each had achieved the operating income threshold performance, resulting in a bonus payout of 35% |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | From April 5 through September 30, the CEO’s base salary will be reduced by 25% |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | From April 5 through September 30, executive officers of the Company will receive base compensation that represents a reduction of at least 15% from their respective annual base salary rates in effect before the reductions, which may be accomplished through reduced base salary, furloughs and/or shortened work weeks |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | From April 5 through September 30, the nonemployee directors of the Company will receive annual retainer and committee fees at annual rates that represent a 25% reduction from the respective annual rates in effect before the reductions |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Reduced Workforce | On June 29, 2020, the Company initiated targeted reductions in its salaried workforce in response to the ongoing COVID-19 pandemic |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Furlough of Employees | From April 5 through September 30, executive officers of the Company will receive base compensation that represents a reduction of at least 15% from their respective annual base salary rates in effect before the reductions, which may be accomplished through reduced base salary, furloughs and/or shortened work weeks |
| Oshkosh Corporation | $6,857 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Suspended share repurchases for Q1 2020 |
| Watsco, Inc. | $5,055 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | CEO’s salary was voluntarily reduced 50% to $300,000 effective April 1, 2020 as a measure of response to the COVID-19 pandemic |
| Hubbell Incorporated | $4,186 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Senior executives will take a 25% salary reduction in the second quarter |
| Hubbell Incorporated | $4,186 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Senior executives will take a 25% salary reduction in the second quarter; All other executives will take a 15% salary reduction in the second quarter |
| Hubbell Incorporated | $4,186 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | The Board of Directors will forgo 100% of its quarterly retainer payments for the second quarter |
| Hubbell Incorporated | $4,186 | Public: S&P 400 | Capital Goods | Furlough of Employees | Salaried employees will take a 2-week furlough sometime during the second quarter |
| Hubbell Incorporated | $4,186 | Public: S&P 400 | Capital Goods | Expanded Benefits Programs | In March 2020, the Company implemented an emergency paid leave program that provided employees paid time off in certain situations triggered by the COVID-19 pandemic |
| Lennox International Inc. | $3,634 | Public: S&P 400 | Capital Goods | Reduced Workforce | In the second quarter of 2020, the Company implemented cost reduction actions including employee terminations and temporary facility closures |
| The Timken Company | $3,513 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Reduced pay by up to 50% for all salaried employees |
| The Timken Company | $3,513 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reduced pay by up to 50% for all salaried employees |
| The Timken Company | $3,513 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Reduced pay by up to 50% for all salaried employees |
| The Timken Company | $3,513 | Public: S&P 400 | Capital Goods | Furlough of Employees | Implemented furlough program for employees |
| The Timken Company | $3,513 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Suspended buyback program |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – As a result of the COVID-19 related salary reductions, annual cash incentive opportunities were also reduced since the Company calculated annual incentives off of fiscal year base salary earnings |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Reduced CEO salary by 30% through October 31, 2020 |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries by 20% through October 31, 2020 |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | In April 2020, the Board cancelled its fiscal 2020 quarterly retainer payments (for the third and fourth quarters, 100% reduced) and determined that an amount equal to such payments should instead be donated by TTC to the Melrose/Hoffman Employee Critical Needs Fund to help support employees. Cash retainers were reinstated at the beginning of fiscal 2021 |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Reduced annual base salaries across the company for the remainder of fiscal 2020. This included 10% for Vice Presidents and General Managers, and 3.5% or a reasonable equivalent for all office employees |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit-based salary increases for fiscal 2020 |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Suspended 401(k) Match | Suspended retirement plan contributions |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Continuing the curtailment of share repurchases |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Expanded Benefits Programs | The Company implemented a COVID-19 leave policy and offered virtual doctor visits at 100% without a co-pay in fiscal 2020. In addition, the Company provided for unlimited matching gifts exceeding the $3,000 limit for gifts to certain charitable organizations that address poverty and food insecurity challenges as a result of the COVID-19 pandemic or have diversity, equity and inclusion focused missions |
| The Toro Company | $3,379 | Public: S&P 400 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Suspended merit-based salary increases |
| Dycom Industries, Inc. | $3,340 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Salary reduced 29% March 29 through November 28, 2020. 2021 annual bonus awards or any severance payments to the NEOs will be based on the pre-reduction salary amounts |
| Dycom Industries, Inc. | $3,340 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | NEO salaries reduced 15% March 29 through November 28, 2020. 2021 annual bonus awards or any severance payments to the NEOs will be based on the pre-reduction salary amounts |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – On May 22, 2020, the Board extended the expiration date of options held by NEOS other than the CEO that were granted in October 2013 and 2014 with seven-year terms. The Board granted a two-year extension to the 2013 grants and a one-year extension to the 2014 grants so that all options from this period now expire in October 2022. The Board determined that COVID-19 had resulted in the options becoming further underwater and that the extension would promote retention and provide additional incentive for performance over a critical recovery period |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | CEO has taken a 25% reduction in salary for a 10 week period ending on June 26, 2020, and a 12.5% reduction from June 28 through November 14, 2020 |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Other executive officers have taken a 15% reduction in salary for a 10 week period ending on June 26, 2020, and a 12.5% reduction from June 28 through November 14, 2020 |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | The board has taken a 15% reduction in cash fees from April 20 through June 27, 2020 and a 7.5% reduction from June 28 through November 14, 2020 |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | All other associates, excluding commission based sales associates, will have salaries reduced by 10% until June 30, 2020 |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Suspended 401(k) Match | Due to the impact of COVID-19, the Company suspended its 401(k) matching program from April 13 through August 31, 2020 |
| MSC Industrial Direct Co., Inc. | $3,192 | Public: S&P 400 | Capital Goods | Reduced Workforce | On January 18, 2021, the Company announced it would close 73 branch offices which have already been closed temporarily due to COVID-19. Though some associates will continue to work remotely through virtual customer care hubs, this plan will result in the reduction of 115 management and other positions |
| EnerSys | $3,088 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Delayed 2020 bonus payouts until July 10, 2020 due to the implications of COVID-19 |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | CEO salary reduced by 50% |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Executive Leadership Team’s salaries reduced by 20% |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Reduced salaries of other team members by 5% to 10% |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Reduced Workforce | In its initiative to reduce SG&A costs in a post-COVID world, the Company will be consolidating its Corporate Financial Planning & Analysis and Accounting teams. In conjunction with this consolidation, on September 1, 2020, Terex and Mark Clair agreed that he will be retiring as the Company’s Vice President, Controller and Chief Accounting Officer effective November 1, 2020 |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Furlough of Employees | Implemented a combination of lay offs and furloughs for workforce |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | General prohibition of share repurchases and dividends until December 31, 2020 |
| Terex Corporation | $3,076 | Public: S&P 400 | Capital Goods | Suspended or Reduced Dividend Payments | Suspended quarterly dividend payments for the remainder of the year in April |
| Colfax Corporation | $3,071 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | We also implemented a program to reduce our second quarter spending by $80-90 million, which includes temporarily reducing salaries |
| Colfax Corporation | $3,071 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | We also implemented a program to reduce our second quarter spending by $80-90 million, which includes temporarily reducing salaries |
| Colfax Corporation | $3,071 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | We also implemented a program to reduce our second quarter spending by $80-90 million, which includes temporarily reducing salaries |
| Colfax Corporation | $3,071 | Public: S&P 400 | Capital Goods | Furlough of Employees | We also implemented a program to reduce our second quarter spending by $80-90 million, which includes implementing furloughs |
| Crane Co. | $2,937 | Public: S&P 400 | Capital Goods | Reduced Workforce | In the second quarter of 2020, the Company initiated actions to reduce its global workforce in response to the adverse economic impact of COVID-19 and integration actions related to the Cummins-Allison acquisition. These actions included workforce reductions of approximately 1,000 employees, or about 9% of our global workforce |
| Regal Beloit Corporation | $2,907 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | As part of our initial response to the impacts of COVID-19, we have taken additional cost actions, including implementing a series of compensation reductions |
| Regal Beloit Corporation | $2,907 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | As part of our initial response to the impacts of COVID-19, we have taken additional cost actions, including implementing a series of compensation reductions |
| Regal Beloit Corporation | $2,907 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | As part of our initial response to the impacts of COVID-19, we have taken additional cost actions, including a temporary reduction of the cash component of board compensation |
| Regal Beloit Corporation | $2,907 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | As part of our initial response to the impacts of COVID-19, we have taken additional cost actions, including implementing a series of compensation reductions |
| Regal Beloit Corporation | $2,907 | Public: S&P 400 | Capital Goods | Furlough of Employees | As part of our initial response to the impacts of COVID-19, we have taken additional cost actions, including furloughs on a global basis |
| Regal Beloit Corporation | $2,907 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | In addition, we have suspended our share repurchase program at this time |
| Valmont Industries, Inc. | $2,895 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Suspended buyback program |
| Donaldson Company, Inc. | $2,582 | Public: S&P 400 | Capital Goods | Executives: Suspended Raises and/or Bonuses | Given the uncertainty of the economic environment and our continuous commitment to proactively manage operating expenses, total direct compensation for all Officers of the Company will remain unchanged for the foreseeable future and may be reevaluated later in fiscal 2021 based on business conditions |
| The Middleby Corporation | $2,572 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | CEO has deferred 100% of his salary into equity to be paid out on December 28, 2020 |
| The Middleby Corporation | $2,572 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Incentive Compensation | CEO has waived 100% of cash incentive compensation for 2020 |
| The Middleby Corporation | $2,572 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | COO deferred 100% of salary into equity, VP, Treasurer & Secretary along with CFO deferred 50% of salaries into equity |
| The Middleby Corporation | $2,572 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Incentive | NEOs have waived 100% cash incentive compensation for 2020 |
| The Middleby Corporation | $2,572 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | The Board has waived 50% of their remaining fees for 2020 |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Proactively eliminated any payments under the bonus plan for fiscal 2020 for all employees. Revised go forward incentive plan – In September 2020, the Board determined that a bonus payment in 2021 under the program based on internal annual financial and operational performance against pre-determined metrics, was unlikely and thus did not establish specific metrics and criteria under the bonus plan for fiscal year 2021. However, the Board did renew the overarching annual performance incentive plan with goals relating to net earnings |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | On April 3, 2020, the CEO’s salary was reduced by 25%. In September 2020, the CEO was restored to full pay for fiscal year 2021 |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Incentive Compensation | The Board used negative discretion to eliminate 100% of 2020 bonus payments for all NEOs |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | On April 3, 2020, all non-CEO officer salaries were reduced by 10%. In September 2020, the NEOs were restored to full pay for fiscal year 2021 |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Incentive | The Board used negative discretion to eliminate 100% of 2020 bonus payments for all NEOs |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | On April 3, 2020, the Board approved a reduction of the directors’ base retainers by 25%. In September 2020, the Board reinstated the directors’ full base retainers for fiscal 2021 |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Eliminated 2020 bonus payments |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Reduced Workforce | During the third quarter of fiscal 2020, the Company committed to a plan of termination in response to the ongoing global economic challenges resulting from the COVID-19 pandemic, which involved the termination and/or furlough of employees and contractors at certain facilities |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Furlough of Employees | The more temporary measures involve various furloughs of employees, that is expected to last up to approximately eight weeks |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Does not plan to make share repurchases for the remainder of the year |
| Woodward, Inc. | $2,496 | Public: S&P 400 | Capital Goods | Suspended or Reduced Dividend Payments | Reduced quarterly dividend |
| ITT Inc. | $2,478 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | CEO base salary reduced until further notice. Target bonus remained unchanged based on base salary prior to its reduction |
| ITT Inc. | $2,478 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | All other executive salaries reduced until further notice. Target bonus remained unchanged based on base salary prior to its reduction |
| ITT Inc. | $2,478 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | Compensation reduced for Board of Directors |
| ITT Inc. | $2,478 | Public: S&P 400 | Capital Goods | Suspended 401(k) Match | Suspended 401(k) match for certain U.S. employees |
| ITT Inc. | $2,478 | Public: S&P 400 | Capital Goods | Reduced Workforce | During 2020, the Company initiated an organization-wide restructuring plan in response to an anticipated reduction in demand from the COVID-19 pandemic, which included involuntary terminations |
| Curtiss-Wright Corporation | $2,391 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Incentive Compensation | Lowered incentive compensation |
| Curtiss-Wright Corporation | $2,391 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Incentive | Lowered incentive compensation |
| Curtiss-Wright Corporation | $2,391 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Lowered incentive compensation |
| Curtiss-Wright Corporation | $2,391 | Public: S&P 400 | Capital Goods | Reduced Workforce | Workforce reductions |
| Curtiss-Wright Corporation | $2,391 | Public: S&P 400 | Capital Goods | Furlough of Employees | Employee furloughs, including Executive Leadership Team |
| Nordson Corporation | $2,121 | Public: S&P 400 | Capital Goods | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – On November 23, 2020, the Board modified the goals for the 2020-2022 performance period to realign management incentives in a post-pandemic environment and to create an incentive for management to perform in the coming years. Attainment for 2020 is based on relative TSR compared to three indices, and is capped at target. In determining the 2020 goal, the Committee relied on actual 2020 performance rather than establishing a goal retroactively. The Committee will establish financial goals for 2021 and 2022 at the beginning of each fiscal year so that it can more accurately forecast longer term goals and assess the impact of the pandemic. Finally, each year’s attainment will be averaged to determine the payout at the end of the three-year cycle |
| Nordson Corporation | $2,121 | Public: S&P 400 | Capital Goods | Executives: Granted Discretionary Award | On November 23, 2020, the Board granted special, one-time continuation equity awards to certain members of management that consisted of RSUs with two-year vesting and a gateway performance measure of 8% ROIC maintained over the two-year period for the awards to vest. The awards were granted in recognition of the impacts of the pandemic on 2020 and future incentives |
| Nordson Corporation | $2,121 | Public: S&P 400 | Capital Goods | Expanded Benefits Programs | The Company developed a special COVID-leave policy that encouraged employees to take time off for illness or caretaking while maintaining steady wages |
| nVent Electric plc | $1,999 | Public: S&P 400 | Capital Goods | Reduced Workforce | Initiatives during the three months ended March 31, 2020 included the reduction in hourly and salaried headcount of approximately 100 employees. |
| nVent Electric plc | $1,999 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Temporarily suspended share repurchases |
| Kennametal Inc. | $1,885 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised go forward incentive plan – Delayed the approval of performance goals under the AIP and LTIP PSU awards until the second quarter of Fiscal 2021; Retained both the AI corporate financial metrics for 2021, but modified the weightings and increased the weighting of the individual performance component by 10% to 30% of the award; A minimum performance requirement of corporate net profit was eliminated for the 2021 award |
| Kennametal Inc. | $1,885 | Public: S&P 400 | Capital Goods | Long-Term Incentive Plan Changes | Revised go forward incentive plan – Modified the LTIP grant date value weightings for each of the NEOs at 50% PSUs, compared to 60% in Fiscal 2020, and 50% RSUs, compared to 40% in Fiscal 2020; ROIC performance goals and ranges will be established for Fiscal 2021 during the second quarter of Fiscal 2021 |
| Kennametal Inc. | $1,885 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Executive officers will be reducing their base salaries by 20% beginning July 1, 2020 and are expected to be in effect for six months |
| Kennametal Inc. | $1,885 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Executive officers will be reducing their base salaries by 20% beginning July 1, 2020 and are expected to be in effect for six months |
| Kennametal Inc. | $1,885 | Public: S&P 400 | Capital Goods | Reduced Workforce | Reducing total workforce by 10% for the first of 2021 |
| Kennametal Inc. | $1,885 | Public: S&P 400 | Capital Goods | Furlough of Employees | Furloughed employees |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Extended CEO salary reduction of 50% from 3 months to 6 months |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reduced base salary 30% for 3 months for NEOs |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Board of Directors: Reduced Pay | Reduced the cash retainer fees of the non-employee directors of the Company, including the value of any Retainer RSUs, by 50%, effective for the second quarter of 2020 for 6 months |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Implementing temporary salary reductions for all salaried employees whose jobs are not eliminated |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Suspended 401(k) Match | Suspending the Company’s 401(k) match on employee contributions and ESPP until year end |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Reduced Workforce | Reducing the Company’s total workforce to align operations with customer demand |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Furlough of Employees | Implementing temporary unpaid furloughs for all salaried employees whose jobs are not eliminated |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Suspending the Company’s dividend and pausing its stock buyback program. Both decisions will be reviewed quarterly |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Delay of Annual Meeting | Delayed annual meeting one month to be held on June 1 |
| Hexcel Corporation | $1,502 | Public: S&P 400 | Capital Goods | Suspended or Reduced Dividend Payments | Suspending the Company’s dividend and pausing its stock buyback program. Both decisions will be reviewed quarterly |
| Simpson Manufacturing Co., Inc. | $1,268 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Suspended share repurchase program |
| Trex Company, Inc. | $881 | Public: S&P 400 | Capital Goods | Suspended Buyback Program | Suspended its share repurchase activities for the first quarter in May |
| Sunrun Inc. | $846 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – In April 2020, our Compensation Committee determined that our Annual Incentive Plan awards for 2019 would be paid out, in May 2020, in immediately vested restricted stock units to conserve cash in light of the potential impact that COVID-19 may place on our business. The Compensation Committee also determined to fund such awards at 105% of the previously anticipated cash value at 91% of their target bonus awards |
| Sunrun Inc. | $846 | Public: S&P 400 | Capital Goods | Executives: Reduced CEO Base Salary | Reduced salaries for employees |
| Sunrun Inc. | $846 | Public: S&P 400 | Capital Goods | Executives: Reduced Other Executive Base Salary | Reduced salaries for employees |
| Sunrun Inc. | $846 | Public: S&P 400 | Capital Goods | Non-Executives: Reduced Pay | Reduced salaries for employees |
| Sunrun Inc. | $846 | Public: S&P 400 | Capital Goods | Reduced Workforce | Implemented employee layoffs |
| Sunrun Inc. | $846 | Public: S&P 400 | Capital Goods | Furlough of Employees | Implemented employee furlough programs |
| Mercury Systems, Inc. | $797 | Public: S&P 400 | Capital Goods | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Bifurcated fiscal 2020 bonus into two discrete performance periods with the target bonus weighted 44% for the first half and 56% for the second half of the fiscal year. Payouts were based on objectives for the fiscal year broken into the first half of the year and the full fiscal year, with a catch-up feature for unearned first half cash incentives based on full year performance. No over-achievement bonuses were earned for fiscal 2020. Amended the adjusted EBITDA definition for external financial reporting to add back COVID-related costs as the company believed these incremental expenses are outside the normal operations of the Company and are not indicative of ongoing operating results; Maintained the original adjusted EBITDA target for the second half of the fiscal year, but approved the use of the new adjusted EBITDA definition for the bonus plan for the second half of the fiscal year |
| Mercury Systems, Inc. | $797 | Public: S&P 400 | Capital Goods | Expanded Benefits Programs | The Company established the Mercury Employee COVID Relief Fun to support employees experiencing financial burdens resulting from the COVID pandemic. The intent of this fund is to provide relief for employees who may otherwise be unable to pay for basic necessities, unexpected care for immediate family members, or other urgent needs that promote their health and safety during the current Coronavirus crisis |
| Insperity, Inc. | $4,287 | Public: S&P 400 | Commercial and Professional Services | Furlough of Employees | Implemented employee furloughs |
| Insperity, Inc. | $4,287 | Public: S&P 400 | Commercial and Professional Services | Suspended Buyback Program | Suspended share repurchase program for Q2 2020 |
| ASGN Incorporated | $3,951 | Public: S&P 400 | Commercial and Professional Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Temporarily delayed setting short-term performance targets for the 2020 bonus. Company intends to finalize targets in the coming months as they have greater clarity around the impact of COVID-19 |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Executives: Granted Discretionary Award | On December 3, 2020, the Board approved a one-time RSU grant to each NEO to address the loss of retentive value of existing LTI awards, and in recognition of near-term uncertainty and executives’ extraordinary efforts to protect employee wellbeing and customer safety while controlling costs. The awards vest two years after grant and the value of the awards range from $300k – $600k for the NEOS other than the CEO, and the CEO award was $2,000,000 |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | Reduced salaries for management |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | Reduced salaries for management |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Non-Executives: Suspended Raises and/or Bonuses | Froze merit-based increases |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Suspended 401(k) Match | Froze 401(k) match |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Reduced Workforce | Reduced overall headcount |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Furlough of Employees | Headcount reductions through furloughs and workforce reductions |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Suspended Buyback Program | Suspended its share repurchase activities in May |
| The Brink’s Company | $3,691 | Public: S&P 400 | Commercial and Professional Services | Executives: Suspended Raises and/or Bonuses | Froze merit-based increases |
| Clean Harbors, Inc. | $3,144 | Public: S&P 400 | Commercial and Professional Services | Furlough of Employees | Furloughed significant portion of drivers |
| Stericycle, Inc. | $2,820 | Public: S&P 400 | Commercial and Professional Services | Furlough of Employees | Implemented furloughs for 2,300 team members |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Approved an adjusted fiscal 2020 bonus, pro-rated and determined by performance through the first three quarters of the fiscal year (versus full-year performance) resulting in an annualized payout at 69.23% of target; Evaluating alternatives for a fiscal 2021 bonus if outperform the fiscal 2021 business plan |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Approved vesting of July 2017 LTI awards determined by performance for the first 11 of 12 quarters of the 2017-2020 performance period; Revised go forward incentive plan – Revisited the mix of long-term incentives and approved the grant of fiscal 2021 LTI awards in a mix of 30% RSUs, 30% stock options, and 40% in PSUs. The PSU grant was delayed until no later than the end of the third quarter to provide additional time to more thoroughly assess the rigor of the goals underlying the PSUs and ensure the awards are aligned with the business objectives; Granted premium-priced stock options to the Company’s leadership team on July 14, 2020 to enhance the focus on the long-term impact of the critical steps management is taking to aid in the recovery from the effects of the COVID-19 pandemic and position the Company for future growth. Granted premium-priced stock options that vest ratably over a three-year period commencing on the first anniversary of the grant date and are in addition to the Company’s customary long-term incentive awards for fiscal 2021. The exercise price of each option was established at 110% of the closing stock price on the grant date (July 14, 2020) |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Executives: Granted Discretionary Award | Board approved the grant of premium-priced stock options to the Company’s leadership team that vest ratably over a three year period commencing on the first anniversary of the grant date and are in addition to the Company’s customary long-term incentive awards for fiscal year 2021 |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | 50% of the salary payable to CEO will be deferred to no later than March 2021; Temporary salary reductions were reinstated in early August |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced CEO Incentive Compensation | Suspended 100% of cash incentive bonus program for the upcoming fiscal year that will end in May 2021; As of September 1, 2020 the company is evaluating alternatives for a fiscal 2021 bonus if we outperform the fiscal 2021 business plan |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | 15% of the salary payable to the rest of the leadership team will be deferred to no later than March 2021; Temporary salary reductions were reinstated in early August |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced Other Executive Incentive | Suspended 100% of cash incentive bonus program for the upcoming fiscal year that will end in May 2021; As of September 1, 2020 the company is evaluating alternatives for a fiscal 2021 bonus if we outperform the fiscal 2021 business plan |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Non-Executives: Reduced Pay | 10% reduction in cash compensation for a majority of the Company’s salaried workforce (including each of the executive officers); Temporary salary reductions were rescinded in early August |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Non-Executives: Suspended Raises and/or Bonuses | Suspended cash incentive bonus program for the upcoming fiscal year that will end in May 2021 and previously planned compensation increases; As of September 1, 2020 the company is evaluating alternatives for a fiscal 2021 bonus if we outperform the fiscal 2021 business plan |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Suspended 401(k) Match | Suspended employer contributions to 401k |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Reduced Workforce | Implemented a voluntary reduction in its North American and international workforce as well as an involuntary reduction in its North American workforce. Combined, these actions resulted in the elimination of approximately 400 full-time positions throughout the Company in various businesses and functions as of January 4, 2021 |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Suspended Buyback Program | Suspended its share repurchase activities in March |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Executives: Suspended Raises and/or Bonuses | Suspended cash incentive bonus program for the upcoming fiscal year that will end in May 2021 and previously planned compensation increases |
| Herman Miller, Inc. | $2,487 | Public: S&P 400 | Commercial and Professional Services | Suspended or Reduced Dividend Payments | Postponement of its upcoming quarterly cash dividend |
| Tetra Tech, Inc. | $2,349 | Public: S&P 400 | Commercial and Professional Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – For FY 2020, the Board approved a 20% upward modification to the AIP awards for all NEOs except the CEO in recognition of their extraordinary contributions during an unprecedented fiscal year. The CEO requested the Board not reward his contributions |
| KAR Auction Services, Inc. | $2,188 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | Salary reduced 100% April 5 through June 27, with the option to continue reduction for duration of crisis |
| KAR Auction Services, Inc. | $2,188 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | CFO and President salaries reduced by 100% April 5 through June 27 with the option to continue reduction for duration of crisis. Reduced salaries of all other executive officers by 50% April 5 through June 27 |
| KAR Auction Services, Inc. | $2,188 | Public: S&P 400 | Commercial and Professional Services | Board of Directors: Reduced Pay | Reduced annual cash retainer and applicable chair, membership and lead independent director fees by 25% during the second quarter of 2020 |
| KAR Auction Services, Inc. | $2,188 | Public: S&P 400 | Commercial and Professional Services | Reduced Workforce | The Company notified approximately 5,000 furloughed employees that changes in its business processes have resulted in the elimination of their positions |
| KAR Auction Services, Inc. | $2,188 | Public: S&P 400 | Commercial and Professional Services | Furlough of Employees | Furloughed roughly 11,000 employees in April 2020. Since April, the Company has called back approximately 6,000 employees |
| KAR Auction Services, Inc. | $2,188 | Public: S&P 400 | Commercial and Professional Services | Suspended or Reduced Dividend Payments | The company has announced temporarily suspending its quarterly dividend on May 7 |
| IAA, Inc. | $1,385 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced CEO Base Salary | Temporary reduction in salaries at the senior leadership level |
| IAA, Inc. | $1,385 | Public: S&P 400 | Commercial and Professional Services | Executives: Reduced Other Executive Base Salary | Temporary reduction in salaries at the senior leadership level |
| IAA, Inc. | $1,385 | Public: S&P 400 | Commercial and Professional Services | Board of Directors: Reduced Pay | Temporary reduction in Board cash compensation |
| MSA Safety Incorporated | $1,348 | Public: S&P 400 | Commercial and Professional Services | Non-Executives: Additional Payments for On-Site Employees | One-time bonus for essential manufacturing employees |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Granted Discretionary Award | On December 23, 2020, the Board approved retention awards to the CHRO and EVP, Global Operations, providing for an award of $1 million in RSUs that will vest two years from grant |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Exempt and non-exempt employees, including Polaris’ Executive Leadership Team, who are not furloughed will have their pay reduced by approximately 20% beginning April 13 through the end of the second quarter |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Exempt and non-exempt employees, including Polaris’ Executive Leadership Team, who are not furloughed will have their pay reduced by approximately 20% beginning April 13 through the end of the second quarter |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Reduced Pay | Exempt and non-exempt employees, including Polaris’ Executive Leadership Team, who are not furloughed will have their pay reduced by approximately 20% beginning April 13 through the end of the second quarter |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | Delaying merit increases for exempt and nonexempt employees through the end of the year |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | Furloughing most exempt and non-exempt Polaris employees for two weeks in the second quarter. Employees will not be paid but will maintain their health care benefits |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended its share repurchase activities in March |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Expanded Benefits Programs | The Company implemented a COVID-19 Pay Policy for US employees that provided financial security for those impacted by illness or quarantine |
| Polaris Inc. | $7,108 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | Delaying merit increases for exempt and nonexempt employees through the end of the year |
| Toll Brothers, Inc. | $7,078 | Public: S&P 400 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Based on the qualitative assessment of each NEO’s contributions to the Company’s accomplishments in 2020, the Board determined that the formulaic results were not a fair representation of the Company’s performance during fiscal 2020. The Board exercised upward discretion to set the final bonus determination |
| Toll Brothers, Inc. | $7,078 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | During fiscal 2020, the NEOs voluntarily agreed to a three-month partial reduction in salary during the period when the impact of the COVID-19 pandemic on the Company’s operations and financial condition remained highly uncertain |
| Toll Brothers, Inc. | $7,078 | Public: S&P 400 | Consumer Durables and Apparel | Reduced Workforce | In light of the pandemic, the Company accelerated its efforts to improve efficiencies and rationalize overhead expenses by implementing a temporary salary reduction for each NEO, a hiring freeze, and reductions to payroll through a combination of job eliminations and employee furloughs |
| Taylor Morrison Home Corporation | $6,129 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | NEOs and all members of the Company’s senior corporate management and division presidents have voluntarily decided to temporarily reduce their base salaries by 25% effective immediately |
| Taylor Morrison Home Corporation | $6,129 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Incentive Compensation | Chairman and CEO, Sheryl Palmer, requested that our Compensation Committee cancel 100% of her recent special equity award, which had a grant date value of $3,000,000 |
| Taylor Morrison Home Corporation | $6,129 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | NEOs and all members of the Company’s senior corporate management and division presidents have voluntarily decided to temporarily reduce their base salaries by 25% effective immediately |
| Taylor Morrison Home Corporation | $6,129 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Each non-employee member of the Board has agreed to the suspension of the payment of 100% of cash retainer compensation for his or her service on the Board for the second quarter of 2020 until the date that the Company pays cash retainer compensation to its non- employee directors for the third quarter of 2020 |
| Taylor Morrison Home Corporation | $6,129 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | All company team member promotions have been put on temporary hold and the annual merit process for determining compensation increases for all team members has been deferred |
| Taylor Morrison Home Corporation | $6,129 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | All company team member promotions have been put on temporary hold and the annual merit process for determining compensation increases for all team members has been deferred |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Annual Incentive Plan Changes | Revised go forward incentive plan – The Cash Incentive Plan has been suspended for fiscal 2021. The Compensation and Talent Committee may, in its discretion, determine whether any cash bonus payments outside the Cash Incentive Plan are appropriate or warranted depending on actual performance for fiscal 2021. Changes for when the plan is reinstated post-fiscal 2021: i) same financial metrics for all NEOs and no individual performance metric to align with Company performance ii) widen performance and payout range by tying to the Company’s operating budget because previous hurdles were too narrow and iii) interpolate annual incentives for all NEOs based on actual performance |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Long-Term Incentive Plan Changes | Equity awards have been granted on schedule in June 2020 but were granted solely in the form of RSUs due to the difficulty in setting performance targets given the uncertainty of the impact of COVID-19 on our business |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | CEO, Chief Creative Officer of Michael Kors, Chief Creative Officer of Versace, and Chief Creative Officer of Jimmy Choo have each voluntarily elected to forgo 100% of salary for Fiscal 2021 |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Incentive Compensation | Mr. Idol’s long-term award was reduced from approximately $7.5 million in the prior fiscal year to $6.0 million (a reduction of 20%). Suspended FY21 annual incentive plan |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | CEO, Chief Creative Officer of Michael Kors, Chief Creative Officer of Versace, and Chief Creative Officer of Jimmy Choo have each voluntarily elected to forgo 100% of salary for Fiscal 2021; The other named executive officers have agreed to reduce their base salary by 20% |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Annual total cash compensation reduced 50% for 2021 |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Reduced Pay | The company will be exploring opportunities to reduce overall salaries at various levels throughout the organization by approximately 20% |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | There will be no merit increases for fiscal 2021 |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Employees will continue to receive pay during March 18 to April 10 closures |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Reduced Workforce | In the future the company anticipates reducing its corporate workforce in order to generate additional payroll savings |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | Effective April 11, 2020, it will furlough all of its approximately 7,000 North America retail store employees |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | The company is suspending the remaining $400 million under its current share repurchase program |
| Capri Holdings Limited | $5,551 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | There will be no merit increases for fiscal 2021 |
| Skechers U.S.A., Inc. | $4,613 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | Implemented employee furloughs |
| Brunswick Corporation | $4,348 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Introduced wage continuation programs to assist employees affected by a coronavirus-related business interruption, taking effect March 23 and expected to last 2-3 weeks |
| Brunswick Corporation | $4,348 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | Temporarily suspended share repurchases |
| KB Home | $4,183 | Public: S&P 400 | Consumer Durables and Apparel | Reduced Workforce | In the second quarter of 2020, the Company implemented workforce realignment and reductions |
| Tempur Sealy International, Inc. | $3,677 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | 100% of CEO salary to be donated to Company Foundation for the rest of 2020 |
| Tempur Sealy International, Inc. | $3,677 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Other executives have elected to donate a portion of their salaries to the Company Foundation |
| Tempur Sealy International, Inc. | $3,677 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Directors have elected to donate 100% of board fees to the Company Foundation for the rest of 2020 |
| Tempur Sealy International, Inc. | $3,677 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | Implemented employee furlough program |
| Tempur Sealy International, Inc. | $3,677 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended all repurchase programs |
| Tri Pointe Homes, Inc. | $3,260 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Reduced CEO salary by 20% for 3 months |
| Tri Pointe Homes, Inc. | $3,260 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Reduced COO salary by 20% for 3 months. Reduced salaries of CFO and GC by 10% for 3 months. Reduced salaries of other members of senior management by 10% for 3 months |
| Tri Pointe Homes, Inc. | $3,260 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Reduced annual cash compensation for directors by 50% and decreased values of RSU grants by 30% |
| Tri Pointe Homes, Inc. | $3,260 | Public: S&P 400 | Consumer Durables and Apparel | Expanded Benefits Programs | During 2020, the Company provided employees affected by COVID-19 with additional paid time off |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | Implemented temporary salary reductions |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Incentive Compensation | Suspended incentive-based compensation programs 100% |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | Implemented temporary salary reductions |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Incentive | Suspended 100% of incentive-based compensation programs |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Reduced board compensation |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Reduced Pay | Implemented temporary salary reductions |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit-based pay increases |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Suspended 401(k) Match | Suspended 401(k) matching contribution |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Plans to continue compensation and benefits during store closures through early April |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Reduced Workforce | Reduced and furloughed office-based employees |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | All store employees were furloughed on April 3, 2020 |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended share repurchase program |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | Suspended merit-based pay increases |
| Carter’s, Inc. | $3,135 | Public: S&P 400 | Consumer Durables and Apparel | Suspended or Reduced Dividend Payments | On May 1, the company’s Board of Directors suspended its quarterly cash dividend |
| TopBuild Corp. | $2,718 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended share repurchase program starting May 2020 |
| Columbia Sportswear Company | $2,502 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | CEO salary reduced to $10,000 – 100% |
| Columbia Sportswear Company | $2,502 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | At least 10 of the company’s top executives voluntarily took a 15% pay reduction |
| Columbia Sportswear Company | $2,502 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Guaranteed Pay Continuity | Retail employees will continue to be paid until April 10th. CEO reduced salary so employees may continue to receive salary |
| Columbia Sportswear Company | $2,502 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | After compensating retail employees’ regular wages for four weeks under Columbia’s Catastrophic Paid Leave program, U.S. retail store operations staff were recently transitioned to a partial furlough program through May 1, 2020 |
| Columbia Sportswear Company | $2,502 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | The company suspended share repurchases in March 2020. It intends to resume share repurchase activity in 2021 |
| Columbia Sportswear Company | $2,502 | Public: S&P 400 | Consumer Durables and Apparel | Suspended or Reduced Dividend Payments | After paying the regular quarterly cash dividend in March, the company’s Board of Directors temporarily suspended the quarterly dividend |
| Deckers Outdoor Corporation | $2,133 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | Suspended annual salary increases |
| Deckers Outdoor Corporation | $2,133 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | Furloughed a portion of its retail employees |
| Deckers Outdoor Corporation | $2,133 | Public: S&P 400 | Consumer Durables and Apparel | Suspended Buyback Program | Suspended share repurchase program |
| Deckers Outdoor Corporation | $2,133 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Suspended Raises and/or Bonuses | Suspending annual salary increases |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | CEO agreed to a temporary 30% reduction in his base salary and annual incentive target and threshold levels during the Company’s fiscal year 2021 |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Incentive Compensation | CEO agreed to a temporary 30% reduction in his base salary and annual incentive target and threshold levels, which will be based on 200% and 100% of his base salary earned, respectively, during the Company’s fiscal year 2021 |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | CFO agreed to a temporary 20% reduction in his base salary. Base salaries of all other members of the Company’s executive leadership team will be temporarily reduced by graduated amounts |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Incentive | CFO agreed to a temporary 20% reduction in his base salary and annual incentive target, maximum and threshold levels, which are targeted at 75% of his base salary earned during fiscal year 2021 |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | Reduced cash compensation for Board of Directors by 25%. These reductions will continue until further notice, but in no case will these reductions continue past February 28, 2021 |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit-based increases of associates |
| Helen of Troy Limited | $1,707 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | Furloughed associates in certain sales divisions |
| YETI Holdings, Inc. | $1,092 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced CEO Base Salary | YETI’s senior leadership team, including named executive officers, voluntarily elected to temporarily reduce their base salaries; restored salaries of senior leadership in August 2020 |
| YETI Holdings, Inc. | $1,092 | Public: S&P 400 | Consumer Durables and Apparel | Executives: Reduced Other Executive Base Salary | YETI’s senior leadership team, including named executive officers, voluntarily elected to temporarily reduce their base salaries; restored salaries of senior leadership in August 2020 |
| YETI Holdings, Inc. | $1,092 | Public: S&P 400 | Consumer Durables and Apparel | Board of Directors: Reduced Pay | YETI’s Board of Directors has also voluntarily elected to waive payment of 100% of the director’s annual cash retainer fees; restored the annual cash compensation of the Board of Directors in August 2020 |
| YETI Holdings, Inc. | $1,092 | Public: S&P 400 | Consumer Durables and Apparel | Reduced Workforce | Eliminating select roles across all levels in the organization |
| YETI Holdings, Inc. | $1,092 | Public: S&P 400 | Consumer Durables and Apparel | Furlough of Employees | YETI previously placed certain employees on unpaid leave beginning on April 4, 2020; as of September 26, 2020, no employees were furloughed |
| Penn National Gaming, Inc. | $3,893 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | CEO’s base salary reduced 25% April 1 through October 1 |
| Penn National Gaming, Inc. | $3,893 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | CFO and GC base salaries reduced 20% April 1 through October 1 |
| Penn National Gaming, Inc. | $3,893 | Public: S&P 400 | Consumer Services | Non-Executives: Reduced Pay | The remaining, mission critical staff took immediate, meaningful pay cuts |
| Penn National Gaming, Inc. | $3,893 | Public: S&P 400 | Consumer Services | Suspended 401(k) Match | To help mitigate the financial impact of the ongoing COVID-19 pandemic, the Company suspended its contributions under the Deferred Compensation Plan effective on April 1, 2020 |
| Penn National Gaming, Inc. | $3,893 | Public: S&P 400 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | As for our nearly 325 team members at Hollywood Casino Hotel & Raceway Bangor who will be impacted by this temporary closure, we plan to continue to pay their wages and benefits for the two-week period |
| Penn National Gaming, Inc. | $3,893 | Public: S&P 400 | Consumer Services | Furlough of Employees | Unpaid furloughs impacting approximately 26,000 employees beginning on April 1, with medical benefits provided through June 30 |
| Graham Holdings Company | $2,889 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Effective April 1, 2020, CEO elected to reduce his 2020 base salaries by 50% |
| Graham Holdings Company | $2,889 | Public: S&P 400 | Consumer Services | Executives: Reduced Executive Chairman Pay | Effective April 1, 2020, Chairman elected to reduce his 2020 base salaries by 50% |
| Graham Holdings Company | $2,889 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | NEOs and SVP, Planning and Development, elected to reduce their 2020 base salaries by 20%. One EVP elected to reduce his 2020 base salaries by 50% |
| Graham Holdings Company | $2,889 | Public: S&P 400 | Consumer Services | Non-Executives: Reduced Pay | Employee salary reductions |
| Graham Holdings Company | $2,889 | Public: S&P 400 | Consumer Services | Reduced Workforce | Temporary employee reductions |
| Graham Holdings Company | $2,889 | Public: S&P 400 | Consumer Services | Furlough of Employees | Temporary furloughs |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | The Company’s executive leadership team is taking a 50% salary reduction |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | The Company’s executive leadership team is taking a 50% salary reduction |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Non-Executives: Suspended Raises and/or Bonuses | Deferred 2020 merit increases |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Suspended 401(k) Match | The Company is deferring its employee 401(k) match |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Reduced Workforce | On September 10, 2020, the Company approved a workforce reduction plan, which is currently expected to impact approximately 3,300 associates |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Furlough of Employees | The Company furloughed 65% of associates and reduced work hours; all new hires have been frozen |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended share repurchases |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Executives: Suspended Raises and/or Bonuses | Deferred 2020 merit increases |
| Marriott Vacations Worldwide Corporation | $2,886 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | Temporarily suspending dividend payments |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Long-Term Incentive Plan Changes | Grant 2020 equity awards that consisted solely of time-vesting RSUs and to limit the number of awards granted to the number that would have been granted if the value of the Company’s common stock was $20, which was approximately the closing price of the common stock on February 26, 2020 |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Extended CEO’s salary reduction from 3 months to 4 months (April – July), and decreased his current salary reduction from 100% to 50% |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | Extended salary reductions of 50% for the CEO & 2 NEOs from 3 months to 4 months (April – July) |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Non-employee directors agreed to temporarily forgo 50% of his or her cash compensation for May, June and July, including, in the case of one director, his consulting fees |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Non-Executives: Reduced Pay | Workforce hour and pay reductions |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Furlough of Employees | Furloughed support roles that have seen a decrease in industry work |
| Scientific Games Corporation | $2,825 | Public: S&P 400 | Consumer Services | Expanded Benefits Programs | Hardship Relief Fund to provide short-term assistance to employees and immediate families |
| H&R Block, Inc. | $2,640 | Public: S&P 400 | Consumer Services | Annual Incentive Plan Changes | Revised go forward incentive plan – Due to the extension of the 2020 tax season through July 15, 2020, the Board determined to delay approval of the Company’s 2021 annual operating plan from early June 2020 until September 2020, once final results from the extended tax season and the first quarter of fiscal year 2021 are known. Therefore, the Compensation Committee has determined to defer establishing performance metrics for our fiscal year 2021 STI program until after the annual operating plan has been approved, consistent with our customary practice |
| H&R Block, Inc. | $2,640 | Public: S&P 400 | Consumer Services | Non-Executives: Suspended Raises and/or Bonuses | No merit increases for associates companywide for fiscal year 2021 |
| H&R Block, Inc. | $2,640 | Public: S&P 400 | Consumer Services | Executives: Suspended Raises and/or Bonuses | No merit increases or target incentive changes for fiscal year 2021 |
| Caesars Entertainment, Inc. | $2,569 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | All executives agreed to reduce each of their base salaries effective April 11, 2020, and will not impact any other aspect of the executive officers’ compensation |
| Caesars Entertainment, Inc. | $2,569 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | All executives agreed to reduce each of their base salaries effective April 11, 2020, and will not impact any other aspect of the executive officers’ compensation |
| Caesars Entertainment, Inc. | $2,569 | Public: S&P 400 | Consumer Services | Non-Executives: Guaranteed Pay Continuity | The company will continue to pay full-time, part-time and regularly scheduled team members for up to two weeks following the temporary closure of properties, and their benefits eligibility will not be interrupted |
| Caesars Entertainment, Inc. | $2,569 | Public: S&P 400 | Consumer Services | Reduced Workforce | Laid off 90% of workforce. Those enrolled in the company’s benefits plans will see no loss or interruption through June 30. Those impacted by unpaid leave or furloughs will be paid a biweekly payroll contribution until they return to work or through the end of June |
| Caesars Entertainment, Inc. | $2,569 | Public: S&P 400 | Consumer Services | Furlough of Employees | Laid off 90% of workforce. Those enrolled in the company’s benefits plans will see no loss or interruption through June 30. Those impacted by unpaid leave or furloughs will be paid a biweekly payroll contribution until they return to work or through the end of June |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Reduced salary of CEO by 50% for the remainder of the year |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Reduced cash compensation for directors by 50% for the remainder of the year |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Reduced Workforce | Both furloughed and eliminated a significant portion of corporate and field employees |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Furlough of Employees | Both furloughed and eliminated a significant portion of corporate and field employees |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | In response to the COVID-19 pandemic, the Company temporarily suspended all future share repurchases |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Other | CEO resigned from an outside board, Dollar General, so she could focus more on guiding her company through the crisis |
| Cracker Barrel Old Country Store, Inc. | $2,523 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | The Company deferred the dividend payment declared in the third quarter of 2020 until September 2, 2020 |
| Texas Roadhouse, Inc. | $2,398 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary and bonus for the pay period starting March 18 through Jan. 7, 2021 in order to pay the chain’s front line employees during the COVID-19 pandemic |
| Texas Roadhouse, Inc. | $2,398 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Incentive Compensation | CEO will forgo 100% salary and bonus for the pay period starting March 18 through Jan. 7, 2021 in order to pay the chain’s front line employees during the COVID-19 pandemic |
| Texas Roadhouse, Inc. | $2,398 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Each non-employee member of the Board of Directors has also volunteered to forgo 100% of their director and committee fees along with any cash retainers effective immediately and continuing throughout fiscal 2020 |
| Texas Roadhouse, Inc. | $2,398 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended all share repurchase activity during Q2 |
| Texas Roadhouse, Inc. | $2,398 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended all quarterly cash dividends occurring after March 27 |
| Boyd Gaming Corporation | $2,178 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | The Executive Leadership Team will be taking significant salary reduction |
| Boyd Gaming Corporation | $2,178 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | The Executive Leadership Team will be taking significant salary reduction |
| Boyd Gaming Corporation | $2,178 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | The Company’s Board of Directors has agreed to suspend 100% of Board compensation |
| Boyd Gaming Corporation | $2,178 | Public: S&P 400 | Consumer Services | Furlough of Employees | Boyd Gaming will place most of its team members on unpaid furlough effective Saturday, April 11. When first closed, provided 1 weeks’ pay to hourly workers and 2 weeks’ pay to managers |
| Boyd Gaming Corporation | $2,178 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended share buyback program |
| Boyd Gaming Corporation | $2,178 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended quarterly cash dividend program |
| Travel + Leisure Co. | $2,160 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Salary reduced 100% for duration of crisis |
| Travel + Leisure Co. | $2,160 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Annual retainer and committee chair and membership fees reduced 50% for duration of crisis |
| Travel + Leisure Co. | $2,160 | Public: S&P 400 | Consumer Services | Reduced Workforce | Reduced employee headcount |
| Travel + Leisure Co. | $2,160 | Public: S&P 400 | Consumer Services | Furlough of Employees | Implemented furloughs for approximately 9,000 employees |
| Travel + Leisure Co. | $2,160 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended its share repurchase activities in March |
| Papa John’s International, Inc. | $1,761 | Public: S&P 400 | Consumer Services | Expanded Workforce | Adding 20,000 jobs due to increased demand for pizza delivery |
| WW International, Inc. | $1,387 | Public: S&P 400 | Consumer Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – On October 29, 2020, the Company determined to pay all eligible Company employees in December 2020 that portion of the fiscal 2020 annual, performance-based cash bonus that was accrued based on first quarter fiscal 2020 revenue performance under the Company’s previously-approved fiscal 2020 bonus plan |
| WW International, Inc. | $1,387 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Reduced CEO salary by 100% for the remainder of 2020 |
| WW International, Inc. | $1,387 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | Reduced CFO, GC, and President, International salaries by 25% until September 2020 |
| WW International, Inc. | $1,387 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Reduced director compensation by 50% until the end of the year |
| WW International, Inc. | $1,387 | Public: S&P 400 | Consumer Services | Reduced Workforce | Laying off an undisclosed number of people |
| The Wendy’s Company | $1,360 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Reduced CEO salary by 100%. The CEO’s salary was reinstated in full effective October 4, 2020 |
| The Wendy’s Company | $1,360 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | Reduced CFO, GC, and President, International salaries by 25% until September 2020. The NEOs’ salaries were reinstated effective October 4, 2020 |
| The Wendy’s Company | $1,360 | Public: S&P 400 | Consumer Services | Non-Executives: Additional Payments for On-Site Employees | Effective April 2, hourly crew members, shift managers and assistant General Managers in Company restaurants will receive a 10% increase in hourly pay over the next five weeks |
| The Wendy’s Company | $1,360 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended all share repurchase activity |
| The Wendy’s Company | $1,360 | Public: S&P 400 | Consumer Services | Expanded Benefits Programs | Implemented a new emergency paid sick leave policy to help support hourly employees with up to 14 days paid leave in the event they are unable to work. Employees are also being offered free meals and discounted meals for employees and their families on their days off |
| Churchill Downs Incorporated | $1,054 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Salary reduction based on a percentage that varies dependent upon the amount of each employee’s salary until the Company begins to return to normalized operations |
| Churchill Downs Incorporated | $1,054 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | Salary reduction based on a percentage that varies dependent upon the amount of each employee’s salary until the Company begins to return to normalized operations |
| Churchill Downs Incorporated | $1,054 | Public: S&P 400 | Consumer Services | Non-Executives: Reduced Pay | Salary reduction based on a percentage that varies dependent upon the amount of each employee’s salary until the Company begins to return to normalized operations |
| Churchill Downs Incorporated | $1,054 | Public: S&P 400 | Consumer Services | Non-Executives: Suspended Raises and/or Bonuses | Implementing wage freeze |
| Churchill Downs Incorporated | $1,054 | Public: S&P 400 | Consumer Services | Furlough of Employees | Temporary furlough of employees at certain properties effective immediately. Continuing to provide health, dental, vision and life insurance benefits |
| Churchill Downs Incorporated | $1,054 | Public: S&P 400 | Consumer Services | Executives: Suspended Raises and/or Bonuses | Implementing wage freeze |
| Adtalem Global Education Inc. | $1,052 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Repurchases under the current program were suspended on March 12; in November 2020, resumed repurchases |
| Jack in the Box Inc. | $1,022 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended its share repurchase activities in May |
| Jack in the Box Inc. | $1,022 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended its dividend activities in May |
| Wyndham Hotels & Resorts, Inc. | $950 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Salary reduced 100% for duration of crisis |
| Wyndham Hotels & Resorts, Inc. | $950 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Cash-based portion of the 2020 annual retainer and committee chair and membership fees reduced 100% for duration of crisis |
| Wyndham Hotels & Resorts, Inc. | $950 | Public: S&P 400 | Consumer Services | Non-Executives: Reduced Pay | Instituted salary reductions and reduced-hour work weeks |
| Wyndham Hotels & Resorts, Inc. | $950 | Public: S&P 400 | Consumer Services | Reduced Workforce | The Company eliminated 846 positions |
| Wyndham Hotels & Resorts, Inc. | $950 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended its share repurchase activities in March |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | Reduced the compensation for the Chief Executive Officer for the remainder of 2021 |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | Reduced the compensation for other executive officers for the remainder of 2020 |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Reduced the compensation of the Board of Directors for the remainder of 2020 |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Suspended 401(k) Match | Suspended associates’ 401(k) match |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Furlough of Employees | Implemented a temporary furlough for certain positions in Europe |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended the company’s share repurchase plan |
| Choice Hotels International, Inc. | $774 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended future, undeclared dividends for the remainder of 2020 |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Executives: Reduced CEO Base Salary | 25% salary reduction for all executives effective April 2020. Salaries will be restored effective January 1, 2021 |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Executives: Reduced Other Executive Base Salary | 25% salary reduction for all executives |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Board of Directors: Reduced Pay | Cash retainer fees reduced 100% in Q2 2020 |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Non-Executives: Reduced Pay | 25% salary reduction for all salaried employees |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Reduced Workforce | Eliminated nearly all of its seasonal labor costs, and positioned itself to maintain this low level until its parks reopen |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Suspended Buyback Program | Suspended payment of dividends and the repurchase of its common stock until the earlier of December 31, 2021, or such time as the company terminates the incremental $131 million of the new revolving credit facility commitments |
| Six Flags Entertainment Corporation | $357 | Public: S&P 400 | Consumer Services | Suspended or Reduced Dividend Payments | Suspended payment of dividends and the repurchase of its common stock until the earlier of December 31, 2021, or such time as the company terminates the incremental $131 million of the new revolving credit facility commitments |
| Wingstop Inc. | $249 | Public: S&P 400 | Consumer Services | Non-Executives: Additional Payments for On-Site Employees | Additional incentive pay provided to team members during the COVID-19 pandemic |
| Wingstop Inc. | $249 | Public: S&P 400 | Consumer Services | Expanded Benefits Programs | The Company enhanced its benefits programs to offer expanded supplemental paid sick leave ahead of state and county mandates and in counties where sick leave was not mandated |
| Jefferies Financial Group Inc. | $6,956 | Public: S&P 400 | Diversified Financials | Executives: Granted Discretionary Award | To compensate management for their incredible leadership through the pandemic and for 2020’s outstanding success, the Company awarded each of its NEOs an additional $2 million bonus |
| FirstCash, Inc. | $1,631 | Public: S&P 400 | Diversified Financials | Suspended Buyback Program | Suspended stock repurchase program until further notice |
| FactSet Research Systems Inc. | $1,494 | Public: S&P 400 | Diversified Financials | Expanded Benefits Programs | Offered financial stipends to allow our employees to ease their remote working |
| EQT Corporation | $2,612 | Public: S&P 400 | Energy | Suspended or Reduced Dividend Payments | Suspended quarterly cash dividend on common stock, effective immediately |
| Murphy Oil Corporation | $1,752 | Public: S&P 400 | Energy | Executives: Reduced CEO Base Salary | On April 1, 2020, the President and CEO’s annual salary was been reduced by 35%. On February 2, 2021, the Board approved a partial restoration of base salaries to approximately 25% lower than it was prior to the COVID reduction |
| Murphy Oil Corporation | $1,752 | Public: S&P 400 | Energy | Executives: Reduced Other Executive Base Salary | Effective April 1, 2020, the other NEOs received salary reductions of as much as 30% with an average of 22% effective April 1, 2020. On February 2, 2021, all NEOs except the CFO had base salaries restored to the level prior to the COVID reduction. The CFO’s base salary was returned to $600,000, approximately 12% lower than it was prior to the COVID reduction |
| Murphy Oil Corporation | $1,752 | Public: S&P 400 | Energy | Board of Directors: Reduced Pay | Beginning in second quarter 2020, cash retainers for all directors will be lowered by 35% and cash retainer for the chairman will be reduced by 70% |
| Murphy Oil Corporation | $1,752 | Public: S&P 400 | Energy | Suspended or Reduced Dividend Payments | Reduced dividend payment from $0.25 to $0.125 per share payable on June 1, 2020 |
| Cimarex Energy Co. | $1,559 | Public: S&P 400 | Energy | Executives: Reduced CEO Base Salary | Lowered executive salaries |
| Cimarex Energy Co. | $1,559 | Public: S&P 400 | Energy | Executives: Reduced Other Executive Base Salary | Lowered executive salaries |
| Cimarex Energy Co. | $1,559 | Public: S&P 400 | Energy | Board of Directors: Reduced Pay | Lowered cash retainer fees for directors |
| BJ’s Wholesale Club Holdings, Inc. | $13,191 | Public: S&P 400 | Food and Staples Retailing | Non-Executives: One-Time Bonus | Managers and key personnel will receive a one-time bonus ranging from $500 to $1,000 at the end of March |
| BJ’s Wholesale Club Holdings, Inc. | $13,191 | Public: S&P 400 | Food and Staples Retailing | Non-Executives: Additional Payments for On-Site Employees | Hourly team members will receive an additional $2 per hour beginning March 23 through at least May 2 |
| BJ’s Wholesale Club Holdings, Inc. | $13,191 | Public: S&P 400 | Food and Staples Retailing | Expanded Benefits Programs | Issued an emergency paid leave program for up to 14 days, waived absenteeism |
| BJ’s Wholesale Club Holdings, Inc. | $13,191 | Public: S&P 400 | Food and Staples Retailing | Suspended or Reduced Dividend Payments | Deferred previously declared dividend payment until such time that the Board of Directors determines such payment is prudent. Suspended future quarterly dividends |
| Casey’s General Stores, Inc. | $8,112 | Public: S&P 400 | Food and Staples Retailing | Annual Incentive Plan Changes | Revised go forward incentive plan – On June 3, 2020, the Board, acting on the recommendation of the Committee, approved annual incentive compensation for the 2021 fiscal year (the “2021 Annual Plan”). The 2021 Annual Plan will be based on EBITDA (50%), with the remaining 50% based on gross profit dollars in the fuel category (25%) and same-store sales growth in the inside sales category (25%). All bonuses earned under the 2021 Annual Plan will be paid in cash |
| Casey’s General Stores, Inc. | $8,112 | Public: S&P 400 | Food and Staples Retailing | Long-Term Incentive Plan Changes | Revised go forward incentive plan – On June 2, 2020, the Committee approved annual long-term equity incentive awards to its NEOs (other than CFO). The awards, made under the terms of the Company’s 2018 Stock Incentive Plan, are based on a percentage of 2021 fiscal year base salary and consist of (i) time-based restricted stock units (“RSUs”), comprising 25% of the award amount, (ii) performance-based restricted stock units (“PSUs”) subject to return on invested capital (“ROIC”) performance goals, comprising 37.5% of the award amount, and (iii) PSUs subject to EBITDA performance goals, comprising 37.5% of the award amount. The PSUs granted represent a “target” amount, with the number of shares awarded based on the Company’s achievement of threshold (50% awarded), target (100% awarded) and maximum (200% awarded) performance goals over a three-year performance period (fiscal years 2021, 2022 and 2023) (the “Performance Period”). Additionally, following the determination of the Company’s achievement of the ROIC and EBITDA goals for the Performance Period, the PSUs actually awarded will be subject to a positive or negative adjustment based upon a comparison of the Company’s total shareholder return (“TSR”) relative to a comparator group for the Performance Period (the “TSR Modifier”). If the Company ranks in the bottom quartile of the group, the number of PSUs actually awarded will be reduced by 25%; if the Company ranks in the top quartile of the group, the number of PSUs actually awarded will be increased by 25% (which, based on maximum performance goals achieved, could result in a payment of up to 250% of “target” for the PSUs) |
| Casey’s General Stores, Inc. | $8,112 | Public: S&P 400 | Food and Staples Retailing | Executives: Granted Discretionary Award | One-time performance recognition equity grant to an SVP for leading the company’s COVID-19 task force. The RSUs will vest on June 2, 2022, generally subject to continued employment |
| Casey’s General Stores, Inc. | $8,112 | Public: S&P 400 | Food and Staples Retailing | Non-Executives: Additional Payments for On-Site Employees | Announced in March that the company is giving all full-time and part-time store employees an additional $2 per hour |
| Casey’s General Stores, Inc. | $8,112 | Public: S&P 400 | Food and Staples Retailing | Expanded Benefits Programs | Provided expanded leave benefits and supplemental pay and bonuses to front-line and other team members |
| Pilgrim’s Pride Corporation | $12,092 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | Employees will receive $300 in bonuses, with $100 paid now and $200 in May |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Long-Term Incentive Plan Changes | Revised go forward incentive plan – For fiscal year 2020, the Company modified its LTI approach to not include stock options. All NEOs will receive LTI awards consisting of approximately 50% PSUs and 50% RSUs. PSUs will vest based on relative TSR |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Executives: Granted Discretionary Award | On November 17, 2020, the Compensation Committee approved an amendment to the President and CEO’s RSU award granted on February 2, 2016. In recognition of the CEO’s valuable service during a challenging year, the amendment accelerates the vesting of the 2016 RSUs from February 2, 2021 to December 15, 2020 |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | The Company paid special bonuses and incentives to over 4,000 manufacturing employees in recognition of outstanding service during the COVID-19 pandemic |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | Funds typically used for NEO base salary increases will instead be used to provide meaningful increases to hourly employees at manufacturing facilities in recognition of service during the pandemic |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Furlough of Employees | Temporary furloughs. All employees furloughed in fiscal 2020 have returned to full employment |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Suspended Buyback Program | The Company temporarily suspended its share repurchase program, and resumed the program in May 2020 |
| Post Holdings, Inc. | $5,699 | Public: S&P 400 | Food, Beverage and Tobacco | Executives: Suspended Raises and/or Bonuses | The Company announced that none of the NEOs will receive a base salary increase in fiscal year 2021. Funds typically used for base salary increases will instead be used to provide meaningful increases to hourly employees at manufacturing facilities in recognition of service during the pandemic |
| Flowers Foods, Inc. | $4,388 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: Guaranteed Pay Continuity | Continued to pay furloughed production workers until April 27, 2020 |
| Flowers Foods, Inc. | $4,388 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: One-Time Bonus | Appreciation bonuses to on-site workers: $500 for full-time workers and $250 for part-time |
| Flowers Foods, Inc. | $4,388 | Public: S&P 400 | Food, Beverage and Tobacco | Furlough of Employees | Implemented employee furlough program |
| Flowers Foods, Inc. | $4,388 | Public: S&P 400 | Food, Beverage and Tobacco | Expanded Benefits Programs | Implemented emergency COVID-19 leave and short-term disability policies for its 9,700 employees |
| TreeHouse Foods, Inc. | $4,350 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | The Company disclosed higher costs incurred in response to the COVID-19 pandemic, including supplemental pay for employees |
| Sanderson Farms, Inc. | $3,564 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | From late March 2020 through mid-September 2020, the Company paid a $1 per hour attendance bonus and offered paid time off for employees not working for reasons related to COVID-19 |
| Sanderson Farms, Inc. | $3,564 | Public: S&P 400 | Food, Beverage and Tobacco | Expanded Benefits Programs | In November 2020, the Company adopted a practice to send home for two weeks, with pay, employees ages 65 or older who work at Company locations at which the number of positive COVID-19 cases as a percentage of total employees at that location reaches a certain threshold. The Company also sent home 400 employees with pay who were residents of a county that experienced a high rate of community infections |
| Sanderson Farms, Inc. | $3,564 | Public: S&P 400 | Food, Beverage and Tobacco | Other | During the COVID-19 pandemic, regular Board meetings held virtually were treated as “in-person” meetings |
| Lancaster Colony Corporation | $1,334 | Public: S&P 400 | Food, Beverage and Tobacco | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Based all fiscal 2020 bonus payouts on the performance of the Corporation as a whole, rather than considering the performance of our individual business units. The key rationale for the change was how well the management team pulled together in reaction to the pandemic |
| Lancaster Colony Corporation | $1,334 | Public: S&P 400 | Food, Beverage and Tobacco | Non-Executives: Additional Payments for On-Site Employees | The Company increased hourly wage rates for front-line employees |
| Tootsie Roll Industries, Inc. | $478 | Public: S&P 400 | Food, Beverage and Tobacco | Delay of Annual Meeting | Delayed annual meeting from May 4 to August 21 on April 28 |
| Molina Healthcare, Inc. | $18,375 | Public: S&P 400 | Health Care Equipment and Services | Expanded Benefits Programs | The Company offers COVID-19 time off that provides employees with up to 80 hours of paid time away from work to recover from COVID-19 |
| Tenet Healthcare Corporation | $17,640 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO gave up 50% of 3 months’ salary, roughly $390k, to a fund to help employees struggling to make ends meet |
| Tenet Healthcare Corporation | $17,640 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Also, our other executive leadership team members will be donating 20% of their salaries for three months, along with many other leaders across the Company who will be donating 10% of their salaries for three months |
| Tenet Healthcare Corporation | $17,640 | Public: S&P 400 | Health Care Equipment and Services | Reduced Workforce | Reduced overall employee headcount |
| Tenet Healthcare Corporation | $17,640 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Furloughed thousands of employees |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Annual Incentive Plan Changes | Revised go forward incentive plan – Fiscal 2021 bonus was simplified to be based on adjusted operating income against goals and an assessment of each executives’ performance against individual performance goals and objectives |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – Fiscal 2021 PSUs will be based on a 3-year performance cycle with goals set at the beginning of each year in the cycle. Metrics for the 1st year of the 3-year cycle include adjusted net income and enterprise free cash flow, each weighted 50%. Total shares earned over the 3-year cycle will then be subject to a 3-year relative TSR modifier based on Patterson’s TSR against the S&P 400 |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO salary reduced by 35% May 1 until July 31, 2020 |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEO salaries reduced by 30% May 1 until July 31, 2020 |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Director retainers and other cash fees have been reduced by 25% until July 31, 2020 |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Manager through VP level employees will have salaries reduced by 10% to 20% through July 31, 2020 |
| Patterson Companies, Inc. | $5,490 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Implemented furloughs |
| Encompass Health Corporation | $4,644 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Reduced salaries of executive team for six months |
| Encompass Health Corporation | $4,644 | Public: S&P 400 | Health Care Equipment and Services | Reduced Workforce | Furloughed and reduced portion of workforce |
| Encompass Health Corporation | $4,644 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Furloughed and reduced portion of workforce |
| Encompass Health Corporation | $4,644 | Public: S&P 400 | Health Care Equipment and Services | Suspended Buyback Program | Suspended its authorized share repurchase program |
| Encompass Health Corporation | $4,644 | Public: S&P 400 | Health Care Equipment and Services | Expanded Benefits Programs | Frontline employees provided additional paid time off in recognition of their outstanding efforts during the COVID-19 outbreak |
| Acadia Healthcare Company, Inc. | $3,147 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Implemented employee furlough program |
| Hill-Rom Holdings, Inc. | $2,881 | Public: S&P 400 | Health Care Equipment and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Company decided to include all participants (including all NEOs) in the corporate pool effective for the entire fiscal year and did not include any participants in the individual business unit pools. This change allowed the Company to stay true to the original design of the BIG Plan while acknowledging the uncertain nature of the impact of COVID-19 on the Company. Focusing all participants on the corporate pool enabled Hillrom to coalesce around one set of Company goals to better weather the COVID-19 pandemic, regardless of how the pandemic impacted an individual business unit or geographic region |
| Hill-Rom Holdings, Inc. | $2,881 | Public: S&P 400 | Health Care Equipment and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – The Board determined to grant higher than target LTI awards to three NEOs for fiscal year 2021 based on individual performance and leadership displayed during fiscal year 2020 in guiding the Company through the challenges it faced in responding to the effects of the COVID-19 pandemic as well as to facilitate retention of these key individuals in a highly competitive market |
| Hill-Rom Holdings, Inc. | $2,881 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | All NEOs, including the CEO, declined salary increases for fiscal year 2021 |
| LHC Group, Inc. | $2,062 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Executive team is forgoing up to 30% of their salary |
| LHC Group, Inc. | $2,062 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Executive team, all other members of our leadership team and all home office leaders are flexing a minimum of 10% and up to 30% of their salary |
| LHC Group, Inc. | $2,062 | Public: S&P 400 | Health Care Equipment and Services | Non-Executives: Reduced Pay | All home office leaders are flexing a minimum of 10% and up to 30% of their salary |
| LHC Group, Inc. | $2,062 | Public: S&P 400 | Health Care Equipment and Services | Reduced Workforce | Select furloughs and workforce reductions |
| LHC Group, Inc. | $2,062 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Select furloughs and workforce reductions |
| LHC Group, Inc. | $2,062 | Public: S&P 400 | Health Care Equipment and Services | Expanded Benefits Programs | The Company implemented a special COVID-19 pandemic grant program that supports employees experiencing financial hardships, retirement plan amendments, special cash-in opportunities for paid time off, expanded offerings in its employee assistance program, a wage supplement program designed to restore certain lost wages for frontline direct patient care-giving employees that qualified, and a PTO replenishment program designed to restore certain hours of paid time off for front line direct patient care-giving employees that qualified and for any employees who previously donated their PTO hours to these front line direct patient caregivers |
| Quidel Corporation | $1,662 | Public: S&P 400 | Health Care Equipment and Services | Non-Executives: One-Time Bonus | Granted RSU special to SVP, R&D for COVID-19 contributions |
| Integra LifeSciences Holdings Corporation | $1,372 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Effective April 27, CEO will temporarily forgo 50% of his base salary for a time period at the Committee’s discretion |
| Integra LifeSciences Holdings Corporation | $1,372 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Effective April 27, NEOs will temporarily forgo 25% of their salaries for a time period at the Committee’s discretion |
| Integra LifeSciences Holdings Corporation | $1,372 | Public: S&P 400 | Health Care Equipment and Services | Board of Directors: Reduced Pay | For the one-year term beginning at the 2020 Annual Meeting of Stockholders, the annual retainer for each independent director will be reduced 50% |
| Integra LifeSciences Holdings Corporation | $1,372 | Public: S&P 400 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Eliminated overtime pay and froze hiring at the beginning of the pandemic |
| Integra LifeSciences Holdings Corporation | $1,372 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Furloughed employees |
| NuVasive, Inc. | $1,069 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | CEO salary has been reduced by 20% until the end of the year |
| NuVasive, Inc. | $1,069 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | NEO salaries have been reduced by 10%-15% until the end of the year |
| NuVasive, Inc. | $1,069 | Public: S&P 400 | Health Care Equipment and Services | Board of Directors: Reduced Pay | The Board will forgo 100% of quarterly cash retainers for the quarter ending on June 30, 2020 |
| Cantel Medical Corp. | $1,016 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Reduced CEO salary by 100% for three months March 2020 through mid-June 2020 |
| Cantel Medical Corp. | $1,016 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries by at least 10% for four months April 2020 and August 2020 |
| Cantel Medical Corp. | $1,016 | Public: S&P 400 | Health Care Equipment and Services | Board of Directors: Reduced Pay | Reduced annual cash retainer for directors by 50% until the end of the year. Reduced Chairman salary by 100% until June 1, 2020 |
| Cantel Medical Corp. | $1,016 | Public: S&P 400 | Health Care Equipment and Services | Non-Executives: Reduced Pay | Decreased pay for administrative personnel |
| Cantel Medical Corp. | $1,016 | Public: S&P 400 | Health Care Equipment and Services | Furlough of Employees | Implemented workforce reductions through furloughs across manufacturing sites |
| Cantel Medical Corp. | $1,016 | Public: S&P 400 | Health Care Equipment and Services | Suspended or Reduced Dividend Payments | Suspended all dividends until October 31, 2021 |
| Haemonetics Corporation | $988 | Public: S&P 400 | Health Care Equipment and Services | Executives: Suspended Raises and/or Bonuses | In the first quarter of fiscal 2021, the Compensation Committee determined to postpone salary merit increases for our executive officers |
| Avanos Medical, Inc. | $715 | Public: S&P 400 | Health Care Equipment and Services | Non-Executives: Suspended Raises and/or Bonuses | Suspended 2020 merit increases for non-manufacturing, salaried employees |
| Avanos Medical, Inc. | $715 | Public: S&P 400 | Health Care Equipment and Services | Reduced Workforce | In the fourth quarter of 2020, the Company reduced the size of the senior leadership team, consolidated operations, exited unprofitable lines of business and reduced office space based on expectations following the COVID-19 pandemic |
| Avanos Medical, Inc. | $715 | Public: S&P 400 | Health Care Equipment and Services | Executives: Suspended Raises and/or Bonuses | Suspended 2020 merit increases for non-manufacturing, salaried employees |
| Penumbra, Inc. | $560 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | More than 20 senior executives have voluntarily taken substantial temporary salary reductions |
| Penumbra, Inc. | $560 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | More than 20 senior executives have voluntarily taken substantial temporary salary reductions |
| Neogen Corporation | $418 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced CEO Base Salary | Reduced CEO salary 100% for Q4 |
| Neogen Corporation | $418 | Public: S&P 400 | Health Care Equipment and Services | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries 50% for Q4 |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Set the fiscal year 2020 bonus targets in two parts to align with the organizational changes in connection with the Company’s Turnaround Plan; Revised go forward incentive plan – Cash bonus program will be suspended for fiscal year 2021 |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Long-Term Incentive Plan Changes | Revised go forward incentive plan – The individual awards reflect a 20% reduction from 2020 levels, but will vest over three years, rather than five year graded vesting |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Executives: Granted Discretionary Award | In recognition of Mr. Huber’s critical role in delivering on the Company’s financial goals and Transformation Plan agenda, the RNC awarded Mr. Huber a special incentive and retention cash bonus under the APP in March 2020. The award will be paid in July 2021 in the amount of his annual base salary, assuming his continued employment and commitment to the Company’s goals |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Executives: Reduced CEO Base Salary | Salary reduced 25% for 2020 |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Executives: Reduced Other Executive Base Salary | CFO and COO salaries reduced 25% for 2020 |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Board of Directors: Reduced Pay | On April 12, the Board of Directors approved a temporary 25% reduction of the annual cash remuneration for the 2021 fiscal year |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Non-Executives: Guaranteed Pay Continuity | Committed to pay full- and part-time employees who can’t work remotely and have shelter-in-place orders |
| Coty Inc. | $4,718 | Public: S&P 400 | Household and Personal Products | Suspended or Reduced Dividend Payments | Suspended its dividend through April 1, 2021 |
| Energizer Holdings, Inc. | $2,745 | Public: S&P 400 | Household and Personal Products | Annual Incentive Plan Changes | Revised current, in-process incentive plan – In November 2020, exercised negative discretion to reduce the final payout amounts to the NEOs under the Annual Incentive Plan for fiscal 2020 from 125% to 100% |
| Edgewell Personal Care Company | $1,950 | Public: S&P 400 | Household and Personal Products | Executives: Suspended Raises and/or Bonuses | In anticipation of the continued COVID-19 economic environment, the Board did not approve any merit increases to the NEOs’ annual base salary |
| Brighthouse Financial, Inc. | $8,503 | Public: S&P 400 | Insurance | Suspended Buyback Program | Temporarily suspended share repurchases |
| Old Republic International Corporation | $7,166 | Public: S&P 400 | Insurance | Suspended or Reduced Dividend Payments | Reduced or eliminated dividends associated with certain equity investments |
| CNO Financial Group, Inc. | $3,821 | Public: S&P 400 | Insurance | Suspended Buyback Program | Temporarily suspended share repurchases starting mid-March 2020 |
| CNO Financial Group, Inc. | $3,821 | Public: S&P 400 | Insurance | Expanded Benefits Programs | In 2020, the Company reimbursed COVID-19 testing and treatment at 100%; In 2020, the Company expanded PTO policies for employees |
| CNO Financial Group, Inc. | $3,821 | Public: S&P 400 | Insurance | Other | In 2020, the Company committed to no COVID-19 related layoffs in 2020 |
| Reliance Steel & Aluminum Co. | $8,812 | Public: S&P 400 | Materials | Reduced Workforce | Due to the COVID-19 pandemic, the Company closed some of its locations and incurred employee costs related to downsizing |
| Reliance Steel & Aluminum Co. | $8,812 | Public: S&P 400 | Materials | Furlough of Employees | Recalled the majority of furloughed employees in June |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Executives: Reduced CEO Base Salary | Reduced CEO salary by 25% until the end of the year |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries by 20% until the end of the year |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Board of Directors: Reduced Pay | Reduced cash fees payable to directors by 25% until the end of the year |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Non-Executives: Reduced Pay | Implemented wage deferrals for salaried employees |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Reduced Workforce | Implemented reduction-in-force program |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Suspended Buyback Program | Suspended share buyback program until further notice |
| O-I Glass, Inc. | $6,091 | Public: S&P 400 | Materials | Suspended or Reduced Dividend Payments | In 2020, the Company suspended dividend payments and share repurchases |
| RPM International Inc. | $5,507 | Public: S&P 400 | Materials | Executives: Reduced CEO Base Salary | Effective May 1 through September 1, 2020, CEO’s base pay was temporarily reduced 30% |
| RPM International Inc. | $5,507 | Public: S&P 400 | Materials | Executives: Reduced Other Executive Base Salary | Effective May 1 through September 1, 2020, NEO base pay was temporarily reduced 10% |
| RPM International Inc. | $5,507 | Public: S&P 400 | Materials | Board of Directors: Reduced Pay | Effective May 1 through September 1, 2020, annual cash retainer for Directors was temporarily reduced 30% |
| RPM International Inc. | $5,507 | Public: S&P 400 | Materials | Suspended Buyback Program | Suspended stock buyback program. On January 19, 2021, the Board authorized the resumption of stock repurchases and extended the expiration of the program beyond its original May 31, 2021 expiration date until such time as the remainder of the stock repurchase program has been utilized and the totality of remaining capital has been returned to shareholders |
| Sonoco Products Company | $5,237 | Public: S&P 400 | Materials | Furlough of Employees | Implemented employee furloughs |
| The Chemours Company | $4,969 | Public: S&P 400 | Materials | Executives: Reduced CEO Base Salary | CEO is taking a temporary base salary reduction of 40%. Our temporary base salary reductions that were implemented in May 2020 were discontinued in September 2020, and employees were reimbursed their forgone base salary amounts in December 2020 |
| The Chemours Company | $4,969 | Public: S&P 400 | Materials | Executives: Reduced Other Executive Base Salary | Executive team are taking a temporary base salary reduction of 30%. Our temporary base salary reductions that were implemented in May 2020 were discontinued in September 2020, and employees were reimbursed their forgone base salary amounts in December 2020 |
| The Chemours Company | $4,969 | Public: S&P 400 | Materials | Non-Executives: Reduced Pay | In addition, we are making temporary base pay reductions for salaried employees globally, until we see an improvement in demand across the Company. Our temporary base salary reductions that were implemented in May 2020 were discontinued in September 2020, and employees were reimbursed their forgone base salary amounts in December 2020 |
| The Chemours Company | $4,969 | Public: S&P 400 | Materials | Suspended Buyback Program | Temporarily suspended share repurchases |
| The Scotts Miracle-Gro Company | $4,132 | Public: S&P 400 | Materials | Non-Executives: One-Time Bonus | In response to COVID-19, the Company granted a special one-time bonus of $2,000 (prorated based on date of hire) to approximately 3,000 non-incentive eligible associates, consisting of a $500 cash payment and a $1,500 retirement plan contribution. To award extraordinary performance of select associates in response to COVID-19, the company awarded a 50% upward discretionary adjustment for 15% of incentive eligible associates (non-NEOs) |
| The Scotts Miracle-Gro Company | $4,132 | Public: S&P 400 | Materials | Non-Executives: Additional Payments for On-Site Employees | In March 2020, the Company implemented a premium pay program equal to 50% of front-line associates’ normal base rate, which applied to 5,000 employees. As of June 2020, premium pay was awarded based on a measure of local market COVID-19 case rates and applies to over 50% of employees as of December 2020. In response to COVID-19, the Company accelerated the effective date of the planned fiscal 2021 hourly wage increase to the summer of 2020, several months early |
| The Scotts Miracle-Gro Company | $4,132 | Public: S&P 400 | Materials | Suspended Buyback Program | Temporarily suspended share repurchases as of March 30, 2020 |
| The Scotts Miracle-Gro Company | $4,132 | Public: S&P 400 | Materials | Expanded Benefits Programs | Implemented an emergency pay program whereby any associates who became ill, or showed potential COVID-19 related symptoms, could safely isolate at home without losing pay; To promote health, the Company offered a $1,000 incentive to 4,000 non-incentive eligible employees (over 90% of those who qualified) if they received a flu vaccine by November 30, 2020 |
| The Scotts Miracle-Gro Company | $4,132 | Public: S&P 400 | Materials | Other | In September 2020, the Company paid a special dividend of $5.00 per share in addition to the normal quarterly dividends paid in fiscal year 2020 |
| Domtar Corporation | $3,652 | Public: S&P 400 | Materials | Suspended Buyback Program | Suspension of share repurchase program |
| Domtar Corporation | $3,652 | Public: S&P 400 | Materials | Suspended or Reduced Dividend Payments | Suspension of quarterly dividends |
| Avient Corporation | $3,242 | Public: S&P 400 | Materials | Annual Incentive Plan Changes | Based on the impact of COVID-19, the difficult working environment and individual contributions relative to their peers, the Compensation Committee decided to apply a +10% discretionary modifier to adjust the final payout levels for the Interim CEO and CFO but decided not to apply the modifier to the final payout levels for the other NEOs |
| Worthington Industries, Inc. | $3,059 | Public: S&P 400 | Materials | Annual Incentive Plan Changes | Revised go forward incentive plan – Bifurcated fiscal 2021 bonus plan with different targets for each 6-month period (May 31 fiscal year-end) |
| Worthington Industries, Inc. | $3,059 | Public: S&P 400 | Materials | Board of Directors: Reduced Pay | Board agreed to not increase director retainer and equity compensation for 2021 |
| Worthington Industries, Inc. | $3,059 | Public: S&P 400 | Materials | Reduced Workforce | Implemented furloughs and some permanent reductions in force. As of June 25, over half of the furloughed employees had returned to work |
| Worthington Industries, Inc. | $3,059 | Public: S&P 400 | Materials | Furlough of Employees | Implemented furloughs and some permanent reductions in force. As of June 25, over half of the furloughed employees had returned to work |
| AptarGroup, Inc. | $2,929 | Public: S&P 400 | Materials | Non-Executives: One-Time Bonus | On April 30, 2020, the Company announced a one-time cash Thank You Award for the majority of employees who have done a tremendous job maintaining supply to customers and keeping the Company’s facilities running, in order to honor, thank and motivate Aptar’s dedicated workforce during this challenging time |
| AptarGroup, Inc. | $2,929 | Public: S&P 400 | Materials | Suspended Buyback Program | The Company temporarily paused its share repurchase program as a precautionary measure given near-term uncertainties. As of the fourth quarter of 2020, the Company had removed the suspension on share repurchases |
| Cabot Corporation | $2,614 | Public: S&P 400 | Materials | Executives: Reduced CEO Base Salary | In recognition of the impact of the coronavirus pandemic on the Company’s business and operations during fiscal year 2020, at his request, Mr. Keohane’s salary was temporarily suspended from April 1 through June 30, 2020 |
| Cabot Corporation | $2,614 | Public: S&P 400 | Materials | Furlough of Employees | Selected employee furloughs where operations were curtailed |
| Cabot Corporation | $2,614 | Public: S&P 400 | Materials | Suspended Buyback Program | Halted share repurchases in the near-term. |
| Valvoline Inc. | $2,353 | Public: S&P 400 | Materials | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Board approved a COVID-19 exception to provide that payouts for operating segment employees would equal the greater of (1) the payout amount for Valvoline corporate employees or (2) the payout amount for the operating segment. For fiscal 2020, the Company modified adjusted EBITDA for purposes of determining annual incentive payouts to exclude $2.6 million related to the adjusted payouts for COVID-19 for Quick Lubes and International operating segment employees, resulting in 133.8% achievement instead of 0% |
| Valvoline Inc. | $2,353 | Public: S&P 400 | Materials | Suspended Buyback Program | Suspended its share repurchase activities in April |
| Ashland Global Holdings Inc. | $2,326 | Public: S&P 400 | Materials | Executives: Granted Discretionary Award | In recognition of extremely strong leadership during COVID-19 and a record year overall, the Company awarded an additional lump sum payment of $150,000 as part of a separation agreement with its outgoing General Counsel |
| Eagle Materials Inc. | $1,451 | Public: S&P 400 | Materials | Suspended or Reduced Dividend Payments | Future quarterly cash dividends will be suspended until further notice |
| Ingevity Corporation | $1,216 | Public: S&P 400 | Materials | Suspended 401(k) Match | Suspended 401(k) matches and other deferred compensation programs for salaried employees |
| Ingevity Corporation | $1,216 | Public: S&P 400 | Materials | Reduced Workforce | Reduced headcount through creating early retirement initiatives and employment reductions |
| Ingevity Corporation | $1,216 | Public: S&P 400 | Materials | Furlough of Employees | Implemented furloughs for certain production employees |
| Ingevity Corporation | $1,216 | Public: S&P 400 | Materials | Suspended Buyback Program | Temporarily suspended share repurchases in March 2020 |
| Royal Gold, Inc. | $495 | Public: S&P 400 | Materials | Executives: Granted Discretionary Award | In August 2020, approved discretionary cash bonuses to each the CEO and COO of $50,000 for their leadership during the COVID-19 pandemic |
| TEGNA Inc. | $2,694 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO and the board are getting 25% pay cuts during April, May and June |
| TEGNA Inc. | $2,694 | Public: S&P 400 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | General managers at Tegna stations and corporate senior VPs and above are getting 20% temporary pay reductions |
| TEGNA Inc. | $2,694 | Public: S&P 400 | Media and Entertainment | Board of Directors: Reduced Pay | CEO and the board are getting 25% pay cuts during April, May and June |
| TEGNA Inc. | $2,694 | Public: S&P 400 | Media and Entertainment | Non-Executives: Reduced Pay | Key station department heads are getting temporary 8% pay reductions |
| TEGNA Inc. | $2,694 | Public: S&P 400 | Media and Entertainment | Furlough of Employees | Most employees take a temporary one-week furlough during April, May and June |
| John Wiley & Sons, Inc. | $1,831 | Public: S&P 400 | Media and Entertainment | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Compensation Committee agreed to measure annual incentive performance ratably using ten months pre-COVID-19 (May 1, 2019 through February 29, 2020) and two months post (March 1, 2020 through April 30, 2020) weighted separately due to the impact of the pandemic on their fiscal year end results |
| John Wiley & Sons, Inc. | $1,831 | Public: S&P 400 | Media and Entertainment | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Given the timing and the disproportionate impact of the global pandemic relative to the end of this performance cycle, the Compensation Committee applied discretion to restore payout of 2018-2020 PSUs to the performance level for the 34 month period preceding COVID-19 |
| John Wiley & Sons, Inc. | $1,831 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Base Salary | Reduced CEO salary by 30% effective June 16, 2020 for six months |
| John Wiley & Sons, Inc. | $1,831 | Public: S&P 400 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries by 15% effective June 16, 2020 for six months |
| John Wiley & Sons, Inc. | $1,831 | Public: S&P 400 | Media and Entertainment | Board of Directors: Reduced Pay | Board agreed to not increase director compensation for 2021. Effective June 11, reduced the cash-based portion of the annual retainer by 30%, accompanied by an equivalent percentage reduction in the compensation of the Chairman of the Board, for a period of six months |
| John Wiley & Sons, Inc. | $1,831 | Public: S&P 400 | Media and Entertainment | Suspended Buyback Program | Suspended its share repurchase activities in April |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary during the closures |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | U.S. corporate employees will see deep cuts in compensation of at least 50%. Some have voluntarily agreed to take even steeper cuts than were mandated |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Board of Directors: Reduced Pay | Salary reduced 100% for duration of crisis |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Non-Executives: Reduced Pay | U.S. corporate employees will see deep cuts in compensation of at least 50%. Some have voluntarily agreed to take even steeper cuts than were mandated |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Reduced Workforce | Laying off over 17,500 of our domestic hourly theatre employees |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Furlough of Employees | Furlough 50% of headquarter employees at 20% of salary (with full benefits) |
| Cinemark Holdings, Inc. | $1,377 | Public: S&P 400 | Media and Entertainment | Suspended or Reduced Dividend Payments | Suspended quarterly dividend, which is anticipated to preserve approximately $42.0 million each quarter |
| World Wrestling Entertainment, Inc. | $974 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Base Salary | Reducing executive and board member compensation |
| World Wrestling Entertainment, Inc. | $974 | Public: S&P 400 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | Reducing executive and board member compensation |
| World Wrestling Entertainment, Inc. | $974 | Public: S&P 400 | Media and Entertainment | Board of Directors: Reduced Pay | Reducing executive and board member compensation |
| World Wrestling Entertainment, Inc. | $974 | Public: S&P 400 | Media and Entertainment | Reduced Workforce | The Company reduced its workforce as a result of COVID-19 |
| World Wrestling Entertainment, Inc. | $974 | Public: S&P 400 | Media and Entertainment | Furlough of Employees | Furlough a portion of its workforce effective immediately |
| World Wrestling Entertainment, Inc. | $974 | Public: S&P 400 | Media and Entertainment | Suspended Buyback Program | Suspended its share repurchase activities in April |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Annual Incentive Plan Changes | CEO will forgo 100% of the shares subject to his 2020 RSU award that were expected to vest during the remainder of 2020, as well as the portion of any shares that become eligible to vest under his 2020 Performance Award that would meet the time-vesting requirement during the remainder of 2020 |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary and will not vest any of his 2020 stock awards for the rest of the year |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Incentive Compensation | CEO will forgo 100% of the shares subject to his 2020 RSU award that were expected to vest during the remainder of 2020, as well as the portion of any shares that become eligible to vest under his 2020 Performance Award that would meet the time-vesting requirement during the remainder of 2020 |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Executives: Reduced Other Executive Base Salary | All executives have taken 20% to 30% pay cuts |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Board of Directors: Reduced Pay | Reduced Board compensation by 25% for 2020 |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Reduced Workforce | Laid off 1,000 employees. The company will offer severance pay, as well as reimbursement for up to three months of health insurance coverage |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Furlough of Employees | Furloughed 1,100 employees. Furloughed employees will retain most of their benefits and receive two weeks of additional pay |
| Yelp Inc. | $873 | Public: S&P 400 | Media and Entertainment | Suspended Buyback Program | Deferring share repurchases under its repurchase program indefinitely |
| TripAdvisor, Inc. | $604 | Public: S&P 400 | Media and Entertainment | Executives: Reduced CEO Base Salary | CEO salary reduced 100% for the remainder of 2020 |
| TripAdvisor, Inc. | $604 | Public: S&P 400 | Media and Entertainment | Non-Executives: Reduced Pay | Most of our salaried employees to move to a 4 day work week and take a corresponding 20% reduction in base salary, for three months starting in June |
| TripAdvisor, Inc. | $604 | Public: S&P 400 | Media and Entertainment | Suspended 401(k) Match | Pausing the company’s U.S.-based 401K match for three months starting in June |
| TripAdvisor, Inc. | $604 | Public: S&P 400 | Media and Entertainment | Reduced Workforce | Announced a workforce reduction that will impact more than 900 employees, which is approximately one-quarter of our total workforce |
| TripAdvisor, Inc. | $604 | Public: S&P 400 | Media and Entertainment | Furlough of Employees | Putting a number of employees on furlough, although we hope they will be able to return to work later this year |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced CEO Base Salary | Implemented temporary salary reduction for executives and highly compensated individuals |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Executives: Reduced Other Executive Base Salary | Implemented temporary salary reduction for executives and highly compensated individuals |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Board of Directors: Reduced Pay | Implemented temporary salary reduction for the Board of Directors |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Non-Executives: Reduced Pay | Implemented temporary salary reduction for executives and highly compensated individuals |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Suspended 401(k) Match | Suspended 401(k) match |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Furlough of Employees | Voluntary furloughs |
| Syneos Health, Inc. | $4,416 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Suspended Buyback Program | Paused share repurchase program for Q2 2020 |
| Emergent BioSolutions Inc. | $1,555 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Expanded Benefits Programs | In 2020, the Company provided supplemental paid time off to employees who were unable to work due to COVID-19 symptoms or diagnosis, or to deal with family COVID issues |
| Bio-Techne Corporation | $739 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Committee determined that paying a 2020 bonus based on performance through Q3 more accurately reflected management performance and encouraged retention; Such evaluation of performance was applied to all management and other key employees who helped the Company manage through the pandemic; It based the calculation on FY 2020 performance through the third quarter, which had the effect of reflecting some but not all of the negative impact of the pandemic; For those employees on sales commission plans, the Company adjusted targets for the fourth quarter of fiscal year 2020 to make the plans more achievable in light of the pandemic |
| Bio-Techne Corporation | $739 | Public: S&P 400 | Pharmaceuticals, Biotechnology and Life Sciences | Long-Term Incentive Plan Changes | In light of the strong performance through the first eleven quarters of the three-year measurement period and outstanding leadership through the pandemic, the Committee used its discretion to analyze fiscal 2020 achievement on a trailing twelve-month basis through the end of Q3 and pay at the full maximum amount of 150% |
| Jones Lang LaSalle Incorporated | $8,900 | Public: S&P 400 | Real Estate | Executives: Reduced CEO Base Salary | Effective as of April 1, 2020, the CEO and the Global Executive Board agreed by irrevocable waiver to forego receipt of 50% of the annual base salary that would otherwise be payable to him or her during the remainder of 2020 |
| Jones Lang LaSalle Incorporated | $8,900 | Public: S&P 400 | Real Estate | Executives: Reduced Other Executive Base Salary | Effective as of April 1, 2020, the CEO and the Global Executive Board agreed by irrevocable waiver to forego receipt of 50% of the annual base salary that would otherwise be payable to him or her during the remainder of 2020 |
| Jones Lang LaSalle Incorporated | $8,900 | Public: S&P 400 | Real Estate | Board of Directors: Reduced Pay | Effective as of the quarterly payment made April 1, 2020, each member of the Board has agreed by irrevocable waiver to forego receipt of 50% of the cash retainer fees payable to her or him during the remainder of 2020 |
| Jones Lang LaSalle Incorporated | $8,900 | Public: S&P 400 | Real Estate | Suspended 401(k) Match | Based on the impact from the COVID-19 pandemic, employer contributions to the Company’s 401(k) plan were suspended between May and December 2020 |
| Jones Lang LaSalle Incorporated | $8,900 | Public: S&P 400 | Real Estate | Furlough of Employees | Implemented temporary furlough program |
| Service Properties Trust | $1,576 | Public: S&P 400 | Real Estate | Reduced Workforce | Staffing reductions and furloughs |
| Service Properties Trust | $1,576 | Public: S&P 400 | Real Estate | Furlough of Employees | Staffing reductions and furloughs |
| Service Properties Trust | $1,576 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | Company has reduced first quarter dividend payments from $0.54 per share to $0.01 per share |
| Park Hotels & Resorts Inc. | $1,509 | Public: S&P 400 | Real Estate | Executives: Granted Discretionary Award | On November 7, 2020, the Company awarded special one-time PSUs to the Company’s executive officers and certain other executives. The purpose of the PSU Awards is to retain the award recipients and incentivize the award recipients to continue efforts to improve the company’s performance to pre-COVID-19 levels. The Committee believed that conditioning vesting of the PSU Awards on increasing the Company’s stock price over a four-year period properly aligns management with the long-term objectives of stock holders. Target awards vary between $2.2M and $11.2M |
| Park Hotels & Resorts Inc. | $1,509 | Public: S&P 400 | Real Estate | Executives: Reduced CEO Base Salary | A voluntary salary waiver of 100% to fund $500,000 of this corporate-level fund |
| Park Hotels & Resorts Inc. | $1,509 | Public: S&P 400 | Real Estate | Furlough of Employees | Implemented employee furloughs |
| Park Hotels & Resorts Inc. | $1,509 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | After paying out its dividend on April 15, 2020, the company expects to suspend its dividend for the remainder of the year |
| Camden Property Trust | $1,066 | Public: S&P 400 | Real Estate | Executives: Reduced CEO Incentive Compensation | Reduced incentive compensation for CEO by $500,000 |
| Camden Property Trust | $1,066 | Public: S&P 400 | Real Estate | Executives: Reduced Executive Chairman Pay | Reduced incentive compensation for Executive Vice Chairman by $500,000 |
| Camden Property Trust | $1,066 | Public: S&P 400 | Real Estate | Expanded Benefits Programs | The Company established an Employee Relief Fund to help employees impacted by COVID-19 |
| Brixmor Property Group Inc. | $1,053 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | Board of Directors has temporarily suspended its quarterly cash dividend |
| Omega Healthcare Investors, Inc. | $892 | Public: S&P 400 | Real Estate | Suspended Buyback Program | Company has suspended its dividend reinvestment and common stock purchase plans. |
| Douglas Emmett, Inc. | $888 | Public: S&P 400 | Real Estate | Executives: Reduced CEO Base Salary | Reduced CEO salary by 20% |
| Douglas Emmett, Inc. | $888 | Public: S&P 400 | Real Estate | Executives: Reduced Other Executive Base Salary | Reduced COO salary by 20% |
| American Campus Communities, Inc. | $871 | Public: S&P 400 | Real Estate | Delay of Annual Meeting | Delayed annual meeting from April 29 to June 1 on April 8 |
| The Macerich Company | $759 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | Company has reduced its quarterly dividend payment from $0.75 per share to $0.10 per share |
| Sabra Health Care REIT, Inc. | $601 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | Company has reduced its quarterly dividend payment from $0.45 per share to $0.30 per share |
| Spirit Realty Capital, Inc. | $483 | Public: S&P 400 | Real Estate | Expanded Benefits Programs | In 2020, the Company instituted a special COVID-19 pandemic leave policy for illness or caretaking |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Executives: Reduced CEO Base Salary | CEO salary reduced 100% for remainder of 2020 |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Executives: Reduced CEO Incentive Compensation | All three executive officers agreed to forfeit 100% eligible cash bonuses for 2020 in lieu of shares and to forfeit all of the long-term share retention awards that were recently approved by the Board in February 2020 |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Executives: Reduced Other Executive Base Salary | CFO and CIO salaries reduced by 30% for remainder of the year |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Executives: Reduced Other Executive Incentive | In addition, all three executive officers have agreed to forfeit 100% of eligible cash bonuses for 2020 in lieu of shares and to forfeit all of the long-term share retention awards that were recently approved by the Board in February 2020 |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Board of Directors: Reduced Pay | Compensation reduced 30% for 2020 |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Non-Executives: Reduced Pay | Corporate-wide employee salary reductions, forfeiture of cash bonuses in lieu of shares and forfeitures of restricted stock awards |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Furlough of Employees | Furlough of more than 8,000 hotel employees during the temporary closure period |
| Pebblebrook Hotel Trust | $443 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | Originally reduced regular quarterly common dividend to $0.01 on March 13 and subsequently suspended regular quarterly common dividend for Q1 |
| EPR Properties | $415 | Public: S&P 400 | Real Estate | Annual Incentive Plan Changes | Revised current, in-process incentive plan – On November 23, 2020, the Company revised the performance metrics for the 2020 annual incentive program. The Committee eliminated the funds from operations, as adjusted and investment spending metrics, modified the personal performance metric, and adopted two new metrics. Under the revised metrics, the NEOs will continue to have a personal performance factor weighted at 20% but each executive’s goals and objectives have been revised to reflect the Company’s response to the pandemic. The two new metrics, cash collections and liquidity, will be equally weighted at 40%. The minimum, target and maximum stated bonus opportunities for executives have been reduced by 25%, resulting in target performance earning a payout of 75% of each NEO’s target opportunity under the 2020 annual incentive program as originally adopted in February 2020. The Committee will not have discretion to adjust any award upward, but will have the discretion to adjust an indicated award downward |
| EPR Properties | $415 | Public: S&P 400 | Real Estate | Suspended Buyback Program | Suspended its share repurchase activities in May |
| EPR Properties | $415 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | The company is temporarily suspending its monthly cash dividend to common shareholders subsequent to the common share dividend previously declared and payable on May 15 |
| Urban Edge Properties | $330 | Public: S&P 400 | Real Estate | Suspended or Reduced Dividend Payments | The Company suspended quarterly dividends for the second and third quarters of 2020 |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | Compensation adjustments include 50% salary reduction for CEO |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Executives: Reduced Executive Chairman Pay | 50% salary reductions for our Executive Chairman |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | 35% salary reduction for EVPs and 30% salary reduction for SVPs |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Board of Directors: Reduced Pay | Our Board of Directors will also temporarily waive 100% of retainer fee |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Non-Executives: Reduced Pay | Compensation adjustments include 20% for our remaining corporate and region staff |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Suspended 401(k) Match | Effective April 2020, the Company suspended matching contributions to the 401(k) plan in light of the uncertain economic conditions resulting from the COVID-19 pandemic, and reinstated contributions in January 2021 |
| AutoNation, Inc. | $20,390 | Public: S&P 400 | Retailing | Furlough of Employees | We have placed approximately 7,000 employees on unpaid leave |
| Kohl’s Corporation | $19,974 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary for duration of crisis |
| Kohl’s Corporation | $19,974 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Provided two calendar weeks of pay to all store and store distribution center associates during initial store closures |
| Kohl’s Corporation | $19,974 | Public: S&P 400 | Retailing | Reduced Workforce | On September 15, 2020, the Company reduced corporate positions by approximately 15% |
| Kohl’s Corporation | $19,974 | Public: S&P 400 | Retailing | Furlough of Employees | Furloughed store and store distribution center associates, as well as some corporate office associates whose work has been significantly reduced by the store closures, after initial two week store closures. Company will continue to provide existing health benefits to furloughed associates at this time |
| Kohl’s Corporation | $19,974 | Public: S&P 400 | Retailing | Suspended Buyback Program | Suspended share repurchases temporarily |
| Kohl’s Corporation | $19,974 | Public: S&P 400 | Retailing | Suspended or Reduced Dividend Payments | Suspended the company’s regular cash dividend, beginning in the second quarter of fiscal 2020. The Company plans to reinstate dividend payments in the first half of 2021 |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Long-Term Incentive Plan Changes | Revised go forward incentive plan – On August 18, 2020, the Committee cancelled the award of PSUs made on February 26, 2020 and determined not to revise the goals for the 2020 PSUs and instead determined to award stock option grants to each of the NEOs, effective August 27, 2020. Vesting of these option grants will occur in full on September 10, 2022 |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | CEOs will forgo 100% of salary from April through September |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | Executive Leadership Group will forgo a part of their salary from April through September |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Board of Directors: Reduced Pay | Cash compensation reduced 100% for six months |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Paying and providing benefits to store employees since March 17, and will continue to pay employees through April 5 and provide benefits through April |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Furlough of Employees | Furloughing a portion of its corporate staff for six weeks beginning April 5. Will continue benefits through the end of May for all workers affected by the store closures |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Suspended Buyback Program | Suspended share repurchases |
| Nordstrom, Inc. | $15,524 | Public: S&P 400 | Retailing | Suspended or Reduced Dividend Payments | Suspended quarterly dividend starting in Q2 2020 |
| Lithia Motors, Inc. | $13,124 | Public: S&P 400 | Retailing | Furlough of Employees | We have adjusted staffing headcount by 37%, mainly as furloughs |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | Effective March 29, CEO will forgo 100% of salary for the year |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | Effective March 29, President will not receive a salary for the year. CFO will have a salary reduction of 50% for the year |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Board of Directors: Reduced Pay | Retainer fees temporarily reduced 100% |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Non-Executives: Reduced Pay | The company’s senior management team and other salaried employees had salary reductions by “graduated amounts” |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | All employees would receive full pay and benefits during the two week store closure period |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Furlough of Employees | Furloughing a significant number of the workforce at its stores, distribution centers, and corporate headquarters effective April 12, 2020 |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Suspended Buyback Program | Temporarily suspending its share repurchases |
| DICK’S Sporting Goods, Inc. | $8,751 | Public: S&P 400 | Retailing | Suspended or Reduced Dividend Payments | Temporarily suspended dividend payments |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Due to the financial impact of COVID-19, all payments under our Annual Incentive Plan earned in respect of 2019 performance, typically paid in early 2020, have been delayed until a later to-be-determined date in 2020 |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | CEO salary reduction of 40% effective May 3, 2020; Restored base salaries of executives and other employees effective September 1, 2020 |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | EVP and SVP salaries reduced 20% |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Board of Directors: Reduced Pay | Effective May 3, suspended 100% of cash elements of their director compensation until further notice |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Non-Executives: Reduced Pay | Corporate VPs and General Manager-level roles salary reduction of 10% |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Will continue to pay store associates during March 17 through March 31 store closure |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Furlough of Employees | Implementing an employee furlough program, effective April 26th. Employees subject to the furlough program will also continue to receive their currently-enrolled health and other benefits |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Suspended Buyback Program | The Company suspended its share repurchase activities in April. Effective September 1, 2020, the Company reinstated its share repurchase program |
| Foot Locker, Inc. | $8,005 | Public: S&P 400 | Retailing | Suspended or Reduced Dividend Payments | The Company suspended dividend payments in the first and second quarters of FY2020 and reinstated the quarterly dividend program on August 20, 2020 |
| Williams-Sonoma, Inc. | $5,898 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Closed all retail stores in North America until April 2, and will pay retail associates as scheduled during this two-week period. |
| American Eagle Outfitters, Inc. | $4,308 | Public: S&P 400 | Retailing | Non-Executives: Suspended Raises and/or Bonuses | Reducing operating expenses, including suspending merit increases for associates |
| American Eagle Outfitters, Inc. | $4,308 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Store associates will receive pay for scheduled shifts during March 17 to March 27 closure |
| American Eagle Outfitters, Inc. | $4,308 | Public: S&P 400 | Retailing | Furlough of Employees | Temporary furloughs of store, field and corporate associates beginning April 5, largely reflecting the continued uncertainty around the duration of store closures. On December 3, 2020, the Company announced that almost all stores had re-opened as of October 31, 2020 |
| American Eagle Outfitters, Inc. | $4,308 | Public: S&P 400 | Retailing | Suspended Buyback Program | On April 6, 2020, the Company announced it suspended its share repurchase program and deferred payment of the first quarter cash dividend. On December 3, 2020, the Company announced it would pay the deferred dividend to shareholders on December 16 2020 |
| American Eagle Outfitters, Inc. | $4,308 | Public: S&P 400 | Retailing | Suspended or Reduced Dividend Payments | On April 6, 2020, the Company deferred payment of the first quarter cash dividend. On December 3, 2020, the Company announced it would pay the deferred dividend to shareholders on December 16 2020 |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | Salary reduced 20% for 60 days |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | Reduced senior leadership compensation 20% through September 2020 |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Board of Directors: Reduced Pay | Eliminate Directors’ cash compensation 100%. On December 10, 2020, the Company announced that Directors’ cash compensation had been reinstated |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Non-Executives: Suspended Raises and/or Bonuses | Eliminated bonuses for FY’21 and delayed all merit raises |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Stores will not reopen until at least March 28. We will continue to pay our store teams during this time |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Furlough of Employees | Furloughed a substantial number of store, wholesale and home office employees for 60 days beginning April 1. Impacted employees will continue to receive enrolled benefits during the furlough period |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Suspended Buyback Program | Suspend stock buybacks for the foreseeable future |
| Urban Outfitters, Inc. | $3,984 | Public: S&P 400 | Retailing | Executives: Suspended Raises and/or Bonuses | Eliminated bonuses for FY’21 and delayed all merit raises |
| RH | $2,647 | Public: S&P 400 | Retailing | Annual Incentive Plan Changes | The compensation committee, after discussion with management of the Company, determined to delay 100% of the payment of the fiscal 2019 bonus earned under the LIP until July 2020 in connection with a range of compensation decisions made in light of the ongoing uncertainty stemming from the COVID-19 health crisis |
| RH | $2,647 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary until business conditions stabilize |
| RH | $2,647 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | The Executive Leadership Team has chosen to forgo 100% of our salaries until business stabilizes |
| RH | $2,647 | Public: S&P 400 | Retailing | Non-Executives: Reduced Pay | Implementing temporary salary reductions for leaders across the Company ranging from 10% for Leaders and salaried Team Members, 20% for Directors, 30% for Vice Presidents, and 40% for Senior Vice Presidents and Chief titles |
| RH | $2,647 | Public: S&P 400 | Retailing | Non-Executives: Suspended Raises and/or Bonuses | The compensation committee, after discussion with management of the Company, determined to delay the payment of the fiscal 2019 bonus earned under the LIP until July 2020 in connection with a range of compensation decisions made in light of the ongoing uncertainty stemming from the COVID-19 health crisis |
| RH | $2,647 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Employee salary was guaranteed during March 18th through March 27th closure. Guaranteed pay continuity was extended through April 3. |
| RH | $2,647 | Public: S&P 400 | Retailing | Reduced Workforce | Temporarily furlough approximately 2,300 team members, and permanently reduce our workforce by 440 team members |
| RH | $2,647 | Public: S&P 400 | Retailing | Furlough of Employees | Temporarily furlough approximately 2,300 team members, and permanently reduce our workforce by 440 team members |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Executives: Reduced CEO Base Salary | A voluntary temporary base salary reduction of 50% for CEO |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Executives: Reduced Other Executive Base Salary | A 25% base salary reduction for the remainder of the executive leadership team |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Board of Directors: Reduced Pay | The Board of Directors elected to forgo 100% of its quarterly cash retainers for the first quarter of 2020 |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Non-Executives: Reduced Pay | A temporary pay reduction for all salaried corporate associates and certain field and supply chain leadership, effective May 3, 2020 |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Non-Executives: Suspended Raises and/or Bonuses | Delayed annual salary increases for corporate associates |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Non-Executives: Guaranteed Pay Continuity | Paying associates through March 16th to March 31st closure period |
| Five Below, Inc. | $1,847 | Public: S&P 400 | Retailing | Furlough of Employees | A majority of the store and distribution center associates were furloughed in connection with the extended closures |
| Ollie’s Bargain Outlet Holdings, Inc. | $1,408 | Public: S&P 400 | Retailing | Non-Executives: One-Time Bonus | Paid Team Leaders their earned 2019 fiscal year bonuses early |
| Ollie’s Bargain Outlet Holdings, Inc. | $1,408 | Public: S&P 400 | Retailing | Non-Executives: Additional Payments for On-Site Employees | Temporary incentive increases are offered to in-store associates, store leadership, and distribution center associates |
| SolarEdge Technologies, Inc. | $1,459 | Public: S&P 400 | Semiconductors and Semiconductor Equipment | Executives: Suspended Raises and/or Bonuses | NEOs waived January 1, 2020 base salary increases and reverted to 2019 base salaries |
| KBR, Inc. | $5,767 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Base Salary | Reduced CEO salary by 15% for the second quarter of 2020 |
| KBR, Inc. | $5,767 | Public: S&P 400 | Software and Services | Executives: Reduced Other Executive Base Salary | Reduced salaries of the leadership team by 10% |
| KBR, Inc. | $5,767 | Public: S&P 400 | Software and Services | Board of Directors: Reduced Pay | Reduced cash compensation for directors by 15% for the second quarter of 2020 |
| Alliance Data Systems Corporation | $4,521 | Public: S&P 400 | Software and Services | Annual Incentive Plan Changes | Considered the strategic direction of new executive leadership in addition to the impact of the COVID-19 pandemic on the Company’s operations and, on August 14, 2020, determined to adopt a new balanced scorecard design for annual performance-based non-equity incentive compensation for all associates whose pay includes this component, including certain named executive officers. These balanced scorecards will be tailored to each line of business and encompass a range of both financial and non-financial metrics attributable to three categories, to include stockholders, customers and employees, with weightings appropriate for each executive officer as applicable |
| Alliance Data Systems Corporation | $4,521 | Public: S&P 400 | Software and Services | Non-Executives: Additional Payments for On-Site Employees | Implemented bonus pay for eligible, in-office associates |
| Alliance Data Systems Corporation | $4,521 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Suspending our share repurchase program and reducing our dividend payments during this time of uncertainty |
| Alliance Data Systems Corporation | $4,521 | Public: S&P 400 | Software and Services | Expanded Benefits Programs | Expanded associate benefits and offered paid leave for associates affected by COVID-19 |
| Alliance Data Systems Corporation | $4,521 | Public: S&P 400 | Software and Services | Suspended or Reduced Dividend Payments | Suspending our share repurchase program and reducing our dividend payments during this time of uncertainty |
| Perspecta Inc. | $4,504 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Suspended share repurchase program for Q2 2020 |
| Maximus, Inc. | $3,462 | Public: S&P 400 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Capped maximum annual incentive payout at target levels. The Compensation Committee determined to revise the threshold, target, and superior goals for the distributable income metric (70% weighting) using information including results from the first half of the year and projections for second half distributable income, in line with guidance issued publicly with our second quarter earnings. Goals for the other two metrics, revenue and new business awards, were not adjusted. The Company also exercised negative discretion to the annual incentive plan given the ongoing COVID-19 impact |
| Maximus, Inc. | $3,462 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Temporarily suspended share repurchases |
| Maximus, Inc. | $3,462 | Public: S&P 400 | Software and Services | Executives: Suspended Raises and/or Bonuses | Due to the uncertainty around the COVID-19 pandemic, the Board elected to keep executive officer salaries the same as 2020 |
| CDK Global, Inc. | $1,960 | Public: S&P 400 | Software and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – For fiscal 2020, changed PSU awards to consist of three individual fiscal year performance periods to addresses uncertainty around setting long-term goals; Under this design, only the first year of the PSU is deemed granted as the compensation committee has approved financial measures for only fiscal 2020 |
| CDK Global, Inc. | $1,960 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Base Salary | CEO elected to forgo 100% of his salary for the fourth quarter |
| CDK Global, Inc. | $1,960 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Incentive Compensation | CEO elected to forgo 100% of cash bonus for 2020 |
| Teradata Corporation | $1,836 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Company has suspended its share buyback program |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Adjusted 2020 goals to focus 40% on capital expenditures, 40% on cost containment, & 20% on health business revenue & profit. Performance will only be measured against goals in the second half of 2020, ignoring first half performance. Reduced maximum payout to 150% from 200%, and positive operating income was established as a threshold goal |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Effective June 23, shortened the performance period for the Compensation Adjusted Net Income EPS and Compensation Revenue metrics from the three years ending December 31, 2021 to the two years ending December 31, 2020; Added a relative TSR modifier, measured against other companies in the S&P 400 index, that can modify the payout factor derived from the financial results by ±15%. Relative TSR will be measured from June 23, 2020, the date these award revisions were approved, until the end of the original three-year performance period |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Executives: Granted Discretionary Award | One-time business continuity awards to a broad group of employees: 25% in time-vested RSUs and 75% in PSUs based on relative total shareholder return |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Base Salary | Reduced compensation 20% |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Executives: Reduced Other Executive Base Salary | Reduced compensation of executive team and Board of Directors by 10% to 20% |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Board of Directors: Reduced Pay | Reduced compensation of executive team and Board of Directors by 10% to 20% |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Reduced Workforce | Laid off 2% of U.S. employees. Laid-off workers will receive severance, job assistance and an additional allowance to cover health care through COBRA for about six months |
| WEX Inc. | $1,560 | Public: S&P 400 | Software and Services | Furlough of Employees | Temporarily furloughed 3% of U.S. employees. Those enrolled in company benefit plans will continue to receive medical, dental, vision and life insurance during the time they are on furlough |
| J2 Global, Inc. | $1,490 | Public: S&P 400 | Software and Services | Suspended or Reduced Dividend Payments | Suspended dividend program for the foreseeable future |
| PTC Inc. | $1,458 | Public: S&P 400 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Measured performance of the Annual Contract Value metric ratably using the five months pre-pandemic and the seven months post-pandemic. For the period from October 1, 2019 through February 29, 2020, the weighted achievement forecast under the Corporate Incentive Plan was 108.4% of target, and for the remainder of the fiscal year, the weighted achievement forecast was 35.0% of target, which resulted in a weighted payout of 65.0% |
| PTC Inc. | $1,458 | Public: S&P 400 | Software and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – For the FY20 tranche of the FY19 PSUs, exercised discretion in determining attainment of certain FY20 performance-based compensation plans by determining that it was appropriate to deem the FY19 PSUs eligible to vest for FY20 at the threshold attainment level of 50%. For the FY20 tranche of the FY18 PSUs, vested the final tranche of the FY18 PSUs at 58% based on forecast achievement of the New ACV performance metric as of the end of the five-month period in FY20 preceding the COVID-19-pandemic. For the FY21 tranche of the FY19 PSUs, adjusted downward the threshold and target Adjusted Free Cash Flow metrics for FY21 to better align those measures with the company’s plan and reduced the amount that could be earned upon achievement of threshold from 50% to 25% given the lower threshold. In approving these adjustments, the Compensation Committee determined to remove the catch-up provision for these awards given the adjustment to the ARR metrics. Accordingly, the executives forfeited the 40.7% of the PSUs not earned for the FY19 period (achievement for FY19 was 59.3%) and the 50% of the PSUs not earned for FY20. For the FY20 tranche of the FY20 PSUs, measured performance of the Annual Run Rate metric ratably using the five months pre-pandemic and the seven months post-pandemic. For the period from October 1, 2019 through February 29, 2020, forecast achievement of the ARR performance measure under the FY20 PSUs was 150% of target, and for the remainder of the fiscal year, forecast achievement was 0% of target. As a result, 62.5% of the PSUs tied to achievement of ARR in the first year of the performance cycle were earned on a weighted average basis. For the FY21 and FY22 tranches of the FY20 PSUs, adjusted downward the threshold and target ARR metrics for FY21 and FY22 and changed from a compound annual growth rate to an annual growth rate given the uncertainty in forecasting the macroeconomic environment and performance opportunities. In approving these adjustments, the Compensation Committee determined to remove the catch-up provision for these awards given the adjustment to the ARR metrics. Accordingly, the executives forfeited the 37.5% of the unearned ARR PSUs for FY20 and will forfeit unearned PSUs foreach of FY21 and FY22 |
| PTC Inc. | $1,458 | Public: S&P 400 | Software and Services | Executives: Granted Discretionary Award | Entered into a new, three-year executive agreement with the CEO and canceled the 2018 award. The new performance-based award consists of 400,040 RSUs (the same number as had been issued for the 2018 award) with a grant date value of $32 million. One-third of the RSUs granted are eligible to be earned for each of the FY21, FY22 and FY23 performance periods. The new performance-based award adds an ARR performance measure (weighted at 50%) for each of FY21, FY22 and FY23, aligns the existing Adjusted Free Cash Flow measures (weighted at 50%) for FY21, FY22 and FY23 to the company’s current plan, contains an upside feature capped at 10%, and does not contain the catch-up feature that had been included in the 2018 award; Made a retention RSU grant valued at $1 million to the EVP, Sales in May 2020, which RSUs vest in three-substantially equal installments over three years if he remains with the company |
| PTC Inc. | $1,458 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Suspended share repurchase program for 2020 |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Capped annual incentive payouts at 50% of target and delayed payouts until December 2020 |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – Changed strategic initiatives metrics to account for the pandemic; In July 2020, the Company amended outstanding PRSUs with 2020 performance periods to replace financial performance metrics with new metrics and weightings, including expense reduction targets, maintaining capital structure and liquidity through 2020, negotiating a new deal structure for technology infrastructure services that achieves cost savings over the contract term, utilizing a systematic process to review and address customer concession requests, and designing “work from anywhere” employee programs to be implemented in 2021 |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Executives: Granted Discretionary Award | One-time restricted stock unit award to all executive officers for retention purposes |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Base Salary | Temporary 25% reduction for CEO in base compensation |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Executives: Reduced Other Executive Base Salary | Reduced NEOs salaries by 20% through July 6, 2020 |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Board of Directors: Reduced Pay | Cash retainer reduced |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Non-Executives: Reduced Pay | Temporary reduction in base compensation pay for its US-based salaried workforce |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Suspended 401(k) Match | Temporarily suspended 401(k) match program for U.S.-based employees |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Furlough of Employees | Furloughed roughly one-third of workforce |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Suspended share repurchase program |
| Sabre Corporation | $1,334 | Public: S&P 400 | Software and Services | Suspended or Reduced Dividend Payments | Company has suspended its quarterly cash dividend payments |
| Fair Isaac Corporation | $1,295 | Public: S&P 400 | Software and Services | Reduced Workforce | Due in past to anticipated post-pandemic workforce patterns, we have permanently closed certain non-core offices, reduced other office space and reduced our global workforce |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Base Salary | CEO will forgo 100% of salary for the foreseeable future |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Incentive Compensation | 2020 cash bonus plans will be replaced with one-time equity awards |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Executives: Reduced Other Executive Incentive | 2020 cash bonus plans will be replaced with one-time equity awards |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Non-Executives: Suspended Raises and/or Bonuses | Employee cash merit increases and 2020 cash bonus plans will be replaced with one-time equity awards |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Suspended 401(k) Match | 401(k) match program will be temporarily suspended for US-based employees. Temporary freeze on company hiring efforts |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Non-Executives: One-Time Bonus | Employees that have a base salary equal to or less than $75,000 will receive additional financial support in the form of a one-time bonus of $1,000 |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Executives: Suspended Raises and/or Bonuses | Employee cash merit increases and 2020 cash bonus plans will be replaced with one-time equity awards |
| Blackbaud, Inc. | $913 | Public: S&P 400 | Software and Services | Suspended or Reduced Dividend Payments | Eliminated payment of quarterly cash dividends on common stock |
| Commvault Systems, Inc. | $671 | Public: S&P 400 | Software and Services | Non-Executives: Reduced Pay | The Company implemented temporary salary cuts related to COVID-19 during the first half of fiscal year 2021 |
| Manhattan Associates, Inc. | $586 | Public: S&P 400 | Software and Services | Executives: Reduced CEO Base Salary | Reducing CEO salary by 25% |
| Manhattan Associates, Inc. | $586 | Public: S&P 400 | Software and Services | Executives: Reduced Other Executive Base Salary | Reducing CFO salary by 15% and other NEOs by 10% |
| Manhattan Associates, Inc. | $586 | Public: S&P 400 | Software and Services | Board of Directors: Reduced Pay | Compensation reduced 25% |
| Manhattan Associates, Inc. | $586 | Public: S&P 400 | Software and Services | Suspended Buyback Program | Suspending share repurchase program |
| Paylocity Holding Corporation | $561 | Public: S&P 400 | Software and Services | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Committee, in its discretion, approved a payout to each of the Company’s named executive officers at 75% of the target cash bonus opportunity for fiscal 2020 after taking into consideration performance for the first nine months of fiscal 2020 was on track to achieve the maximum level for total revenue and exceed the target level for adjusted EBITDA, but was offset by the below-target performance during the final three months of fiscal 2020, such that the Company’s performance for the full fiscal year 2020 fell below the target level |
| Paylocity Holding Corporation | $561 | Public: S&P 400 | Software and Services | Long-Term Incentive Plan Changes | Revised go forward incentive plan – Modified performance goals for the fiscal 2020 PSU awards that will vest in 2022. Implement a new design for MSUs granted in fiscal 2021 that is tied to relative TSR as compared to the Russell 3000 |
| Paylocity Holding Corporation | $561 | Public: S&P 400 | Software and Services | Executives: Suspended Raises and/or Bonuses | For fiscal 2021, the Committee determined not to increase base salary and maintained the same base salary of each of our NEOs in light of the anticipated impact of the COVID-19 pandemic |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Long-Term Incentive Plan Changes | Revised current, in-process incentive plan – The Board considered the impact of COVID-19 related costs on 2018 PSUs containing EPS performance goals and exercised its discretion to exclude the impact of certain costs associated with the COVID-19 pandemic from the calculation of EPS for outstanding PSUs, resulting in vesting at 108% of target for the period ended August 31, 2020. Had the Board not exercised discretion, vesting would have been 90% of target |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Reduced CEO salary by 25% June 1 until November 30, 2020 |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Incentive Compensation | Cancelled 100% of bonus payments under 2020 short-term incentive plan |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | Reduced NEO salaries by 25% June 1 until November 30, 2020 |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Other Executive Incentive | Cancelled 100% of bonus payments under 2020 short-term incentive plan |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Board of Directors: Reduced Pay | Reduced annual cash retainers for directors by 25% June 1 until November 30, 2020 |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Reduced Workforce | In order to decrease operating expenses, the Company reduced its worldwide workforce and implemented voluntary early retirement programs |
| Jabil Inc. | $27,266 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Suspended Raises and/or Bonuses | The Company announced that it suspended base salary increases for fiscal year 2021 |
| SYNNEX Corporation | $24,676 | Public: S&P 400 | Technology Hardware and Equipment | Non-Executives: Additional Payments for On-Site Employees | The Company provided a bonus to all frontline associates and contingent workers in the fourth quarter of 2020 |
| SYNNEX Corporation | $24,676 | Public: S&P 400 | Technology Hardware and Equipment | Suspended Buyback Program | On March 24, 2020, the Company announced the suspension of further share repurchases |
| SYNNEX Corporation | $24,676 | Public: S&P 400 | Technology Hardware and Equipment | Expanded Benefits Programs | In response to the COVID-19 pandemic, the Company established a COVID-19 Relief Fund to assist associates, waived associate cost-sharing for COVID-19 testing and treatment for certain health plan members in the US, and provided a COVID-19 allowance to all frontline associates and contingent workers and bonus to all frontline associates and contingent workers in the fourth quarter of 2020 |
| SYNNEX Corporation | $24,676 | Public: S&P 400 | Technology Hardware and Equipment | Suspended or Reduced Dividend Payments | Company has suspended its quarterly cash dividend |
| Avnet, Inc. | $17,634 | Public: S&P 400 | Technology Hardware and Equipment | Annual Incentive Plan Changes | Revised current, in-process incentive plan – Based on the impact of COVID-19, the difficult working environment and individual contributions by the NEOs relative to their peers applied a discretionary modifier of +10% to the interim CEO and CFO’s payouts, but did not modify the payouts for the other NEOs. The resulting payout for the fiscal 2020 annual cash incentive awards was 59.89% of target for the interim CEO and CFO and 49.89% of target for the other NEOs |
| Avnet, Inc. | $17,634 | Public: S&P 400 | Technology Hardware and Equipment | Suspended Buyback Program | Temporarily suspended share repurchases |
| NCR Corporation | $6,207 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Salary reduced 100% for 2020 |
| NCR Corporation | $6,207 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Executive Chairman Pay | Executive Chairman salary reduced 100% for 2020 |
| NCR Corporation | $6,207 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | COO and EVP salaries reduced 50% for 2020. Remaining senior leadership team salaries reduced 20% for 2020 |
| NCR Corporation | $6,207 | Public: S&P 400 | Technology Hardware and Equipment | Non-Executives: Reduced Pay | Salaries of certain salaried employees and all members of the senior leadership team reduced by graduated amounts of 5% to 20% for 2020 |
| NCR Corporation | $6,207 | Public: S&P 400 | Technology Hardware and Equipment | Suspended Buyback Program | Company suspended its share repurchase program |
| Ciena Corporation | $3,532 | Public: S&P 400 | Technology Hardware and Equipment | Suspended Buyback Program | In June, 2020, the Company temporarily suspended share repurchases. The Company will reinstate its share repurchase plan in the first quarter of 2021 |
| Ciena Corporation | $3,532 | Public: S&P 400 | Technology Hardware and Equipment | Expanded Benefits Programs | In 2020, the Company enhanced by three times its corporate charitable matching program for employee donations and volunteering |
| Ciena Corporation | $3,532 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Suspended Raises and/or Bonuses | In light of the COVID-19 pandemic and ongoing macro and industry conditions, the Company determined not to increase any element of compensation for the NEOs for fiscal 2021 |
| II-VI Incorporated | $2,380 | Public: S&P 400 | Technology Hardware and Equipment | Long-Term Incentive Plan Changes | Revised go forward incentive plan – For fiscal 2021, the Committee simplified the equity award mix, maintaining PSUs at 40% of the total target award and increasing the RSU portion from 30% to 60% of the total target award. Stock options, which previously represented 30% of the total target award, were not granted |
| Viasat, Inc. | $2,309 | Public: S&P 400 | Technology Hardware and Equipment | Annual Incentive Plan Changes | Capped CEO & President 2020 annual incentive payouts at 2019 payouts |
| Viasat, Inc. | $2,309 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Suspended Raises and/or Bonuses | Delaying increases of 2021 salaries for executive officers |
| Belden Inc. | $1,863 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Reduced CEO salary by 50% until the end of the year |
| Belden Inc. | $1,863 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Executive Chairman Pay | Reduced Executive Chairman salary by 50% until the end of the year |
| Belden Inc. | $1,863 | Public: S&P 400 | Technology Hardware and Equipment | Expanded Benefits Programs | In 2020, the Company introduced a voluntary flex-time program that enables most employees outside of direct production to take time off to deal with personal and family matters, resulting from the COVID-19 pandemic or otherwise, and receive 25% of their pay during such period |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Annual Incentive Plan Changes | Revised current, in-process incentive plan – The Company cancelled the 2020 Annual Incentive Plan |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Granted Discretionary Award | To recognize the efforts of associates throughout the pandemic and to compensate for the cancellation of the 2020 Annual Incentive Plan, the Company approved a discretionary bonus to the NEOs in the amount of 25% of each NEO’s original 2020 bonus target |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Reduced salary of CEO |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Incentive Compensation | Suspended 100% of 2020 annual cash incentive program |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | Reduced salaries of executive leadership team |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Other Executive Incentive | Suspended 100% of 2020 annual cash incentive program |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Board of Directors: Reduced Pay | Reduced cash compensation for directors |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Non-Executives: Suspended Raises and/or Bonuses | Suspended 2020 annual cash incentive program and wage increases |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Suspended Buyback Program | Temporarily suspended share repurchases |
| Littelfuse, Inc. | $1,446 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Suspended Raises and/or Bonuses | Suspended wage increases |
| National Instruments Corporation | $1,287 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | Temporarily reduced executive pay |
| National Instruments Corporation | $1,287 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Other Executive Base Salary | Temporarily reduced executive pay |
| National Instruments Corporation | $1,287 | Public: S&P 400 | Technology Hardware and Equipment | Non-Executives: Suspended Raises and/or Bonuses | Suspended merit-based increases until 2021 |
| National Instruments Corporation | $1,287 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Suspended Raises and/or Bonuses | Suspended merit-based increases until 2021 |
| Coherent, Inc. | $1,229 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Granted Discretionary Award | During the third quarter ending July 4, 2020, the Company issued PSUs to certain employees with vesting based on goals related to free cash flow target amounts. The awards were granted as a performance incentive in recognition of the impact of COVID-19 |
| NetScout Systems, Inc. | $892 | Public: S&P 400 | Technology Hardware and Equipment | Suspended Buyback Program | Suspended share repurchase program |
| Cognex Corporation | $811 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced CEO Base Salary | The Company’s commitment to reducing costs during this period of uncertainty created by the COVID-19 pandemic, President and Chief Executive Officer will be taking a temporary reduction in base salary through December 31, 2020; Specifically, he will forgo 100% of salary but that portion of base salary necessary to fund contributions to continue to participate in the Company’s health benefits plan and 401(k) retirement plan |
| Cognex Corporation | $811 | Public: S&P 400 | Technology Hardware and Equipment | Executives: Reduced Executive Chairman Pay | The Company’s commitment to reducing costs during this period of uncertainty created by the COVID-19 pandemic, Chairman of the Board and Chief Culture Officer will be taking a temporary reduction in base salary through December 31, 2020. Specifically, he will forgo 100% of salary but that portion of base salary necessary to f |