Compensation committees must be incredibly flexible during the current pandemic. Adapting rapidly to the once stable 2020 outlook has resulted in creative measures on how to align executive and non-executive compensation after sharp market downturns and an unstable economic environment.
In this guide by Meridian Compensation Partners, Diligent and CGLytics, we share insights to help compensation committees navigate through the challenges presented by COVID-19:
- What are the impacts of reducing base salary?
- What potential strategies should be used to adjust short- and long-term performance-based compensation?
- How can you adjust incentives and equity awards to accommodate lower share prices?