California Grocery Chain Says Hero Pay Is Forcing Them To Close Stores
CNN’s Kyung Lah takes a closer look at grocery store chains in California that say they have to close after being forced to give “hero pay” wages to employees.
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‘Environment of Change’ Drives Topics to Full Board Supervision
Issues moving away from narrow committee oversight Board members are shifting narrow oversight of several topics on committees to the full board as urgency rises to handle everything from human capital issues to whistleblower concerns with a complete set of eyes, Agenda’s latest Directors’ and Officers’ Outlook Survey shows. This is a reversal from last…
Board-Level Safety Oversight Is Falling Under Scrutiny
Comp committees have broadened their areas of concern to include human capital Human capital issues have risen to become a top concern of compensation committees, and with potential new disclosure rules on the horizon, board members have even more reason to ensure that human capital and safety measures are top notch, sources told Agenda. Corporate…
How ESG Metrics Are Taking Over Annual Incentive Plans
Compensation committees at S&P 500 companies are increasingly tying annual bonuses to measures beyond financial performance. The inclusion of environmental, social and governance goals in short-term incentive plans has increased fourfold since 2019, according to data collected from proxy statements. Experts say these nonfinancial metrics can serve as useful motivators as companies aim toward specific…
A Breakdown of Paydays at America’s Biggest Companies
In a year marked by tech layoffs and high inflation, competition for workers helped to lift paydays at most S&P 500 companies for the second straight year, according to a Wall Street Journal analysis. Compensation for the median worker at 278 companies in the S&P 500 index was higher in 2022 than in the year…
Here’s the Median Salary At Big Tech Companies Like Amazon and Google
Given rising layoffs and a stubbornly high inflation rate, you’d think companies would be pinching pennies on worker salaries these days. Yet the opposite is happening, according to a new study. In general, annual compensation (i.e., salary, bonuses, and benefits) rose higher in 2022 than in 2021 at 278 S&P 500 Index companies according to…
Climate Resolutions See Sustained Support, Despite ESG Backlash
This year investors are emphasizing climate risk as part of their push to get companies to address global warming, while treading more carefully around issues related to pay linked to sustainability goals, according to market watcher. …This year so far, investors have filed 19 climate change-related resolutions that mention climate risk at S&P 500 companies…
