Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Despite recent moves by the Securities and Exchange Commission to overhaul executive pay disclosure rules, companies aren’t rushing to change their compensation programs, according to a survey by consulting firm Watson Wyatt Worldwide. A February survey of 112 compensation and human resource executives at large publicly traded companies found that 70% said they do not plan any changes to their comp programs in response to the SEC proposal; only 9% reported their intention to make changes. When asked about plans for current year filings, 48% said they don’t intend to change their proxy disclosures this year, while 23% said they will and 29% weren’t sure. “A lot of companies are interested in seeing how others are reacting–a wait-and-see approach is really going on,” says Steven Seelig, executive compensation counsel at Watson Wyatt. The proposals could change after the comment period ends in early April.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.