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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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SPAC Attack – Welcome to the Starting Line

Compensation Cafe

I have been doing this compensation stuff for a while now. Winning the race simply means you get to compete in the Olympics. In 2008 Equatorial Guinea sent Eric Moussambani to the Olympics to compete in the 100m freestyle swimming event. Think of the compensation professional you love to hear speak at conferences.

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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.

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Full-time vs. Part-time Employee Benefits: How to Offer Both

Zenefits

The United States economy was on the rebound during the 12 years following the 2008 recession. Benefits, perquisites (perks), and one-time bonuses were currency for attracting new hires and retaining current staff. Competing for talent is just one incentive for offering part-time workers benefits; the other is talent development.

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Compensation Management in the Banking Sector

Decusoft

Compensation management in the banking sector is no different. Compensation managers for the banking sector must balance the needs of shareholders, investors, and customers when creating compensation plans. . What Is Banking Compensation Management? . Compensation and Compliance.

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Guide to Hiring Employees in Kosovo

Recruiters Lineup

Economic Overview: Kosovo’s economy has undergone significant transformation since its declaration of independence in 2008. Assessment Tests: Depending on the nature of the job, employers may require candidates to undergo assessment tests or exercises to evaluate specific skills or competencies relevant to the role.

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2023 Compensation Trends Your Org Should Know About

Astron Solutions

From the pandemic to the Great Resignation to today’s continued economic turbulence, organizations have had to rethink what the world of work looks like, especially when it comes to compensation. Let’s take a look at what is currently going on in the realm of compensation. Here are some things to keep in mind.