Reining In Executive Comps

A growing number of U.S. companies are making executive pay programs and portions of executive benefit plans and severance policies more shareholder friendly.

Examining 2008 proxy statements, Watson Wyatt, a global consulting firm, found 87% of the 75 large public companies analyzed had stock ownership guidelines and requirements for executives (up from 75% in 2007), and 38% had a claw-back policy, which enables companies to recoup incentive compensation in the event the financial measures underlying the incentive plans are restated (up from 23% in 2007).

Other findings included:

  • Nearly one in four companies made or are considering changes to severance policies.
  • More than 40% amended or are considering amending their change-in-control policies.
  • A vast majority of companies set their targeted total pay and individual executive pay elements at or near the 50th percentile, bringing them more in line with their peers.

Source: Watson Wyatt,


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.