The Tax Cuts and Jobs Act (“Tax Reform” or “Act”) contains the most significant changes to the US Tax Code in more than thirty years. The biggest change for executive compensation is that public companies will not be able to deduct performance-based compensation. This article details...

The evolving sophistication of “mid-market” companies in the United States is demonstrated by the fact that executive compensation plan structures among many mid-cap companies have started to mirror that of top performing, large-cap companies. One of the biggest findings from Gallagher's...

There is much data on director pay for publicly traded companies, little data for private companies, and virtually no data for family-owned business that have a unique corporate governance structure. This article focuses on director pay for family-owned businesses and will provide a guideline on...

The article points out that a number of tactical issues must be addressed when preparing for an initial public offering (IPO) on a U.S.-based stock exchange. These include drafting plan documents, preparing required disclosures, and ensuring plan designs are compliant with applicable securities...

This article looks at the individual elements of compensation packages as well as design features of short-term and long-term incentive plans (STIPs and LTIPs) among CEOs and senior executives of Russell 3000 companies. Data is from companies that filed proxy statements between July 1, 2019, and...

This papers evaluates and compares the typical cash incentive structure for various "value creation" professionals, including sales people and brokers, cost savers, investment managers and advisors, and private equity professionals

The years of 2020 and 2021 unfolded in a way nobody could have anticipated. Compensation committee agendas were and continue to be in flux as companies struggle to respond to the effects of the pandemic on business operations, workforce health, supply chain, organizational wellbeing and what is...

In order to investigate what (and how much) is being shared in annual proxy statements about executive pay packages and how incentive pay is designed, Arthur J. Gallagher & Co.'s Human Resources & Compensation Consulting Practice has conducted a study of the 2014 annual proxy statement...

Since the inception of its widespread use in 1992, the job of the compensation committee has become increasingly more complex. The compensation committee has a prominent board role. In reality, the decisions and actions of the compensation committee may make the difference between mediocre and...