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Navigating Clawback Provisions in Compensation Plans

Decusoft

In recent years , particularly since the 2008 financial crisis, more clawback clauses have been applied to employment contracts as a result of long-term variations of financial instruments. This provision became a tool for controlling employee compensation and preventing fraud in executive officers after 2008. .

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Performance Appraisal & Rewards in Response to COVID-19

HR Digest

And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. When it comes to short-term incentives…. Spanish flu).

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Shaping Performance & Rewards in Response to COVID-19

HR Digest

And the lessons from most recent events in the last 20 years like the relatively mild swine flu (H1N1) in 2009, the dot-com bubble of 2001, and the 2008-09 Great Recession, are nowhere near suitable to withstand the social and economic impacts of the COVID-19 pandemic. When it comes to short-term incentives…. Spanish flu).

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Gig Economy: A Cost-Cutting Measure or Adding Value to the Workforce?

HR Digest

Gig economy picked up pace after the recession of 2008 and 2009 when many people were laid off work and who had to be resourceful to find employment. Hiring has slowed down considerably post 2008. One in three employers of 100,000 employees or more said they expected to use 30% or more contingent workers by 2020.

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SPAC Attack – Welcome to the Starting Line

Compensation Cafe

In 2008 Equatorial Guinea sent Eric Moussambani to the Olympics to compete in the 100m freestyle swimming event. Dan is also a leading expert on incentive plans and equity compensation issues. SPACs, much like IPOs, are like the Olympic Trials. Winning the race simply means you get to compete in the Olympics.

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New Year, Same Story: 2016 Forecast Is For Another Year of 3% Raises

TLNT: The Business of HR

percent in 2016,” and that “the number of companies that are giving raises has risen steadily since the recession in 2008.” More annual, short-term pay incentives. The Towers Watson survey also found that “executives and management employees can expect increases that will average 3.1

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Part I - Malaise in the Employee Rewards: What’s Going On?

Compensation Cafe

Sales compensation has always been a different beast: it has different buyers and economic cycles than employee rewards, and sales incentives constantly evolve to meet new business needs. The Bureau of Labor Statistics reports that between 2008 and 2013, 55% of the Compensation and Benefits Manager positions in the U.S. disappeared.