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Navigating Clawback Provisions in Compensation Plans

Decusoft

Some corporate governance officers demand that corporations “ clawback ” incentive compensation bonuses paid to employees if the results on which such awards were based were later discovered to be incorrect. Many bonuses in complicated financial instruments are compensated for years after they are produced.

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The Best Employee Retention Articles and Resources from Across the Web

ForUsAll

employees are eligible for bonuses four times a year, with biannual salary reviews. Quote: “[Quicken Loans’] move of more than 8,000 employees to Detroit from the suburbs in 2010 has helped spark one of the largest urban renewal projects in the nation’s history. Quote: “Shutterfly Inc. Source: Inc. Currently, 63% of employed U.S.