Out of Office Message

[kailara]

One lesson of this week...OWS is having an impact on what message companies are getting with regard to how to handle executive compensation. Also, the AFL/CIO reps are unafraid to be vocal about having exactly the opposite opinion of most of the people on their panel or in the room generally. (And are very vocally supportive of OWS. But really, is

Comments

[hawkfist]

So, just what message are they getting? Hide how much they pay better? *grins*

[kailara]

You think you're kidding... :)

No, in all seriousness, it's been interesting because the consistent message of yesterday and today in the panels on proxy statement disclosures and executive compensation has been that increased scrutiny of compensation is not going away and if you've got comp elements that go against current sentiment you should expect to be fighting an uphill battle with your investors. Also, the focus on pay equity (or pay inequality) is serious and rather than fight it, companies need to start thinking about how to present pay practices in the best possible light (so...hide it better...sort of).

And I don't think there was a single exec comp/proxy panel that didn't mention OWS at least once...and not always the AFL/CIO rep.