Why are wage gains so weak?

After correcting for inflation, wage gains remain sluggish. In April, average weekly earnings for nonsupervisory workers were up 3 percent from a year earlier, to $785.55. Meanwhile, prices as measured by the consumer price index were up 2 percent. Considering that the economy has been expanding for nearly a full decade — a record if it continues through June — this is perplexing, even allowing that wages are growing faster at the top than in the middle. READ MORE

Trends In Director Equity Compensation This Proxy Season

The trend of including director-specific limits on the size of annual equity awards to non-employee directors under long-term incentive plans (“LTIPs”) continues to pick up steam, as evidenced by our survey of LTIPs filed this proxy season for shareholder approval. Nearly 75% of LTIPs reviewed now include a director-specific limit on the size of annual non-employee director grants, with a majority of those LTIPs restricting not only the size of annual equity awards, but also capping total annual compensation to non-employee directors. READ MORE

What Tech Companies Pay Employees in 2019

Nearly a decade ago, in the aftermath of the financial crisis, Congress passed a law requiring publicly traded companies to report the median pay of their employees and compare it to the CEO’s pay. The goal was to highlight corporate excess and income inequality, with an eye toward curbing the outsize executive compensation packages that Congress viewed as contributing to the crisis. READ MORE

New Salary Thresholds On The Horizon

The U.S. Department of Labor (DOL) again seeks to increase the salary required to maintain a so-called "white-collar" exemption under the Fair Labor Standards Act (FLSA). On March 7, 2019, it announced its Notice of Proposed Rulemaking (Proposed Rule) to update the regulations and requirements under the FLSA for such executive, administrative and professional employees to be exempt from overtime requirements. READ MORE