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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. Spanish flu). Updating disability benefits if they contract the virus.

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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. Spanish flu). Updating disability benefits if they contract the virus.

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13 Top Recruiting Strategies to Use in 2020

Digital HR Tech

Just make sure your program includes the following elements: Incentives – This can be cash incentives (they usually work best), but extra holidays or other types of perks also work. Recruitment metrics help you evaluate your recruiting process and whether you’re hiring the right people. Create an employee referral program.

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Introduction to Executive Compensation: The Fundamentals

Decusoft

And since the collapse and recession due to the financial markets back in the 2008-2009 timeframe, we’ve seen a lot more discussion around ensuring that the executive compensation programs do not encourage excessive risk-taking. . Likewise, if you look at annual incentives, we have rated it moderate for retention. Steven Hall Jr.

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2023 Compensation Trends Your Org Should Know About

Astron Solutions

Here are some other notable findings: The 2022 and 2023 salary increases are the largest since the Great Recession of 2008. 49% of organizations are continuing to boost recruitment efforts by offering sign-on bonuses and equity/long-term incentive rewards, with over 21% planning or considering a similar approach in the future.

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What Everybody Needs to Know About Managing Millennials

SnackNation

Through thought-provoking examples, Sean helps demystify the Millennial generation, and offers strategies to help you adapt to and more effectively engage younger workers so you that your organization can thrive. As of 2008, Millennials are coming of age and are defining the period that we’re in now. You don’t need anybody else.