Oct 29, 2020 01:00 PM in Eastern Time (US and Canada)
Covid-19 introduced much uncertainty for incentive plans, both in-cycle (i.e., 2020 bonus plans and performance shares granted in 2018, 2019 and 2020) and any new plans companies are considering (new year bonus plans and equity grants). When Covid-19 hit, most companies adopted a “wait and see” approach to their compensation planning. In other words, the environment was so uncertain, most companies were reluctant to make adjustments to their plans mid-year to account for the new environment, since it was difficult to predict with any reliability how year-end would look. As year-end draws near, companies will have to make these decisions shortly. So what’s the right thing to do? Join Corporate Board Member, FW Cook and Debevoise for an interactive discussion to help you make important year-end compensation decisions.