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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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Astron’s 25th Anniversary!

Astron Solutions

Challenges encountered along the way, including the 2000 dot-com bubble burst, 9/11, the 2008 financial crisis, and the COVID-19 pandemic, only strengthened our resolve to succeed despite adversity. our commitment to you – our clients past and present and our dear friends of the firm – remains unwavering. Time is a thief.

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Compensation Trends: Disruption in Action at the 2017 Total Rewards Show

Compensation Today

in the world of compensation management. We were offering up our modern, mammoth data set of crowdsourced, vetted and validated “employee-sourced” data and traditional compensation pros were aghast. Of course, we have changed too, as we deliver on our vision for modern compensation. Not this year. Whither Comp Pros?

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8 HR Models Every HR Practitioner Should Know in 2023

Analytics in HR

For example, hiring, training, appraisal, and compensation practices can lead to outcomes such as commitment, quality output, and engagement. We recruit, we train, and we compensate to achieve certain goals or outcomes. The thinking is that these enablers need to be present in order for the value chain to operate effectively.

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Gens Y and Z mark the end of the alphabet

Kazoo

While the traditionalist mindset may not be present in your workforce as it relates to age (you probably don’t have a lot of people that are 74 and up) you likely still have people with that established set of attitudes. Compensation counts for GenZ. What you’ll find from younger colleagues is they respect competency and skill.

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Gens Y and Z mark the end of the alphabet

Kazoo

While the traditionalist mindset may not be present in your workforce as it relates to age (you probably don’t have a lot of people that are 74 and up) you likely still have people with that established set of attitudes. Compensation counts for GenZ. What you’ll find from younger colleagues is they respect competency and skill.

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Succession Planning: Essential Guide for HR

Analytics in HR

A succession plan presents a structured approach to preparing a new generation of leaders to steer your organization forward. Different people and groups might start competing for dominance. For example, senior leaders can be involved in mentoring activities and help successors develop leadership competencies.