SUBSCRIBE TO NFP COMPENSATION INSIGHTS » The Latest FLSA Changes & What You Should Know Staying up to date with labor laws is a major component in the HR function and compliance with Fair Labor Standards Act (FLSA) regulations is key to staying in...
NFP Compensation Insights | July 2024
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Understanding Benchmarked and Slotted Roles When conducting a compensation study, understanding the difference between benchmarked and slotted positions is critical. Benchmark roles help gauge external market...
NFP Compensation Insights | April 2024
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » The Importance of Effective Board & Committee Meetings Running effective board meetings plays an important role in good governance practices. NFPCC has spent a lot of time in boardrooms over the years and...
Running Effective Board and Committee Meetings
NFPCC attends over 100 board and committee meetings annually. Each meeting is unique; however, there is a key factor that makes a meeting and its discussions fruitful: preparation. Benjamin Franklin once said, “failing to prepare is preparing to fail.” NFPCC agrees...
NFP Compensation Insights | March 2024
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » M&A Impact on Human Capital in the Oil & Gas Sector M&A activity in the oil and gas industry continues to trend as companies seek to acquire greater market share, cut costs and streamline operations....
The Impact of M&A Transactions on Human Capital in the Oil and Gas Market
Geopolitical and monetary policies have a massive impact on the oil and gas industry, as each shift can lead to major changes in growth projections, operational efficiency, and broader cost reduction strategies. Following Russia’s invasion of Ukraine in 2022 and the...
NFP Compensation Insights | February 2024
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Compensation Benchmarking in Non-Profits Non-profits continue to face unique challenges when it comes to attracting and retaining the talent needed to carry out their missions. Compensation programs require a...
The Vital Role of Executive Compensation Benchmarking in Non-Profit Organizations
In the realm of non-profit organizations, where missions supersede profits, executive compensation plays a critical role in attracting and retaining top talent. However, determining appropriate compensation levels can be complex, especially in an environment where resources...
NFP Compensation Insights | January 2024
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Compensation and Benefits in 2024 A new year is upon us, and you may be wondering what is in store for the compensation and benefits world. What trends and circumstances are shaping the industry in 2024 and how...
Compensation and Benefits Landscape for 2024
In 2024, the landscape of compensation and benefits is poised to undergo significant changes, driven by evolving workforce dynamics, economic conditions, regulatory factors and technology. Employers are expected to continue seeking innovative ways to attract and retain top...
2024 Midstream and Upstream Industry Compensation Surveys Open April 1st!
Attract and retain the best talent in the oil and gas industry to maximize your company's performance! Keep your compensation programs competitive by participating in NFPCC's Midstream and Upstream Industry Compensation Surveys. Get access to the latest benchmarks in...
NFP Compensation Insights | December 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Compensation Resolutions for 2024 A new year is around the corner and it's a great time to reflect on experiences from this year and reevaluate compensation strategies for a successful 2024. In this month's...
Compensation Resolutions for 2024
Following the fluctuating trends in compensation over the last few years, it is important for companies to take a step back and reassess what compensation means, its purpose, and how it is evaluated. As the market continues to stabilize, after a few years of historic...
NFP Compensation Insights | November 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » The Dynamic Process of Setting Executive Compensation Executive pay continues to be a highly controversial topic as media reports tend to focus on egregious compensation packages to seemingly undeserving executives....
Executive Pay: It’s Not All About Performance
While not all pay is justifiable, executive compensation continues to be unnecessarily painted in a severely negative light. In the world of governance, it is a common topic which bands together the masses against the few, falsely highlighting inequity and greed. While...
NFP Compensation Insights | October 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Our Role in Risk Management The role of compensation consultants is vital when it comes to risk management. Companies should be able to rely on us for peace of mind, knowing we have equipped them and their Boards...
Compensation Consultant’s Role in Risk Management
In today’s dynamic business landscape, risk management is a paramount concern for organizations striving for sustainable success. Among the myriad aspects of business operations that require careful oversight, compensation management stands out as a crucial area that can...
Subchapter S Bank Association Annual Conference
October 19-20, 2023The Omni La Mansion del Rio San Antonio, TX Join us for the 26th Annual Subchapter S Bank Association's Conference - the only conference specifically created to educate and help financial institutions maximize the benefits of their S Corporation election....
NFP Compensation Insights | September 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » ESG and Executive Pay Linking ESG to executive compensation continues to be an upward trend, however there is still much controversy and complexity for corporations as they determine if including ESG metrics...
American Bankers Association Webinar
Charting the Course: Future Predictions and Current Market Updates on Compensation and Executive Benefits October 4, 2023 | 2 - 3 PM ET Banks must strike a balance between attracting and retaining key talent while addressing stakeholder concerns and aligning pay practices...
ESG and Executive Pay: A Perpetual Discussion
Sustainability goals are now widely considered on par with more traditional KPIs and are slowly becoming standardized as external pressures continue to push corporations to tie non-financial measures to executive pay; however, this hasn’t always been the case, clearly. So...
NFP Compensation Insights | August 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Total Rewards for a New Era The concept of total rewards is nothing new to the HR professional. But as the workforce evolves, especially after a pandemic, we are forced to view total rewards through a different...
NFP’s Executive Benefits Trends Study Reveals Critical Insights for Competitive Compensation Packages
NFP has conducted an in-depth survey around executive compensation and benefits to help you stay abreast of the latest trends affecting the industry. We understand attracting and retaining top-level executive talent is paramount for your organization's success and NFP's...
Reimagining Total Rewards: A Holistic Approach to Employee Engagement
In today's dynamic professional landscape, the concept of compensation has transcended the conventional understanding. It is part of the holistic approach we know as total rewards. This comprehensive assortment of benefits and incentives extends beyond the monetary aspect,...
Compensation Strategies Webinar
Plan Ahead: Compensation Strategies for 2024 September 20 | 11:00 - 12:00 p.m. ET Join Megan Nail, vice president of NFP's Total Rewards Practice on September 20 as she guides you through the essential information you need to ensure fair and...
NFP Compensation Insights | July 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Compensation for Bank Executives Executive compensation continues to be a topic of intense scrutiny and complexity across all industries and compensation in the banking sector is no exception. In fact, the financial...
Executive Compensation in the Banking Industry: An Overview
Executive compensation is a complex and multifaceted subject that plays a crucial role in the functioning of banks. In a vibrant financial sector, the compensation of executives at banks is of significant interest and scrutiny. This comprehensive explanation aims to delve...
Fall Compensation Bootcamp
Are you looking for a virtual, yet comprehensive compensation training program? NFP has your back! Our Fall 2023 Compensation Bootcamp is now open for registration. Our team of nationally recognized experts will give you the opportunity to learn the basics as well as...
NFP Compensation Insights | June 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Mid-Year Look into Salary Increase Trends We are halfway through the year and it's a good time to assess how compensation increases have panned out this year so far. 2023 has seen the largest pay increases since...
Compensation Increase Trends in 2023
What the Data Reveals We are well into the middle of the year and most companies have made it through the daunting period of performance reviews and annual raises. So how have increases played out so far? Mercer’s recent survey revealed that 2023 annual merit...
NFP Compensation Insights | May 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Keeping Compensation Programs Competitive and Equitable The war on talent persists as organizations struggle to attract, motivate and retain their employees. The recent focus on pay transparency and equity are...
Maintaining Competitive and Equitable Compensation Programs
Importance of Reviewing Compensation Programs Routine compensation reviews, particularly for a whole company population, aid in assuring the organization is offering competitive compensation packages that can attract and retain top talent. By regularly reviewing...
Join us at the Texas Bankers Association CFO Conference
Texas Bankers Association 2023 CFO Conference | June 14 -16 Hyatt Hill Country Resort San Antonio Join NFPCC Practice Leader Tyler Brown on June 16 for an informative discussion- Turning Carrots into Karats: Trends in Executive Compensation Across the US and in Texas;...
Webinar – Turning Carrots into Karats: Trends in Attracting and Retaining Executives
May 25, 2023 | 10:00 AM CT Join NFPCC Practice Leader, Tyler Brown in this informative session covering the latest trends and key concepts in executive compensation across all industries. He'll also explain how to develop effective retention strategies focused around a...
NFP Compensation Insights | April 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Staying Ahead of Rising Compensation Challenges Boards and management teams are facing an increasingly demanding environment when it comes to compensation-related issues. Inflation, a tight labor market...
Rising Compensation Challenges and How to Mitigate Them
Inflation, threats of recession, and high employee turnover are just a few of the issues Boards and management teams must contend with in 2023. These challenges are coupled with increased regulations, continued shareholder institution noise, and the SEC continuing to impose...
NFP Compensation Insights | March 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » The Evolving Role of the Compensation Committee The role of the compensation committee continues to evolve and grow in complexity. Members can now expect to have more responsibilities as their roles expand into...
The Future of the Compensation Committee. Is it secret? Is it safe?
It’s no secret that the role of the Compensation Committee has been evolving for some time now. It is safe, however, to say that sitting on a Compensation Committee (or board of directors for that matter) is not what it used to be. What was merely a fiduciary role to...
2023 Proxy Season Preview – Compromise and Conflict Ahead
A challenging proxy season is ahead as noted in this comprehensive report by The Conference Board. The authors share findings from last year's proxy season that provide insights and expectations for what's to come. Some of the key takeaways for this year's proxy season...
Banks Need a Game Plan to Keep Your Best People
Bank Compensation and Benefits Study identifies concerns and solutions Today's competitive and ever-changing banking industry demands focus on attracting and retaining top performers as an essential tool for success. It's no surprise the 2022 TBA Bank Compensation and...
NFP Compensation Insights | February 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Pay Transparency Laws Pay transparency laws continue to gain momentum as more states are now requiring employers to disclose salary ranges. These laws have been enacted as part of the efforts to achieve greater...
Pay Transparency Laws in the United States: Overview, Importance, and Challenges
Pay transparency refers to the communication of company pay practices to employees and explanation of how pay is determined for unique positions. While pay transparency can be a controversial issue, it has gained traction in recent years as a way to address pay disparities...
Webinar: Compensation Trends & Strategies for a Competitive Market
Feb 23, 2023 | 2:00 PM CT As you plan for the new year, it’s important you have a pulse on data and trends in order to make informed decisions about your strategy, especially in a world changing as fast as this one. Join the NFP compensation consulting team as we...
NFP Compensation Insights | January 2023
SUBSCRIBE TO NFP COMPENSATION INSIGHTS » Annual Incentive Payouts and TSR - Is There a Link? It's the start of the new year and companies are preparing their salary budgets and planning for annual incentive bonuses. Traditionally, it's known that...
2023 Midstream & Upstream Industry Compensation Surveys – Open April 1st
Keep your compensation programs competitive by participating in NFPCC's Midstream and Upstream Industry Compensation Surveys. Get access to the latest benchmarks in both corporate and technical roles, inclusive of actual total direct compensation and target total...
Should TSR Performance Be Accounted for in Annual Incentive Plans?
It’s that time of year again as calendar year organizations begin to finalize their respective annual incentive/bonus payouts. Within this context, many board members and directors, in their totality, are wrestling with investor perspectives and pre-determined performance...
Executive Compensation Considerations in the 2023 Reporting Season
Proxy season is around the corner and there is much to consider in regard to executive compensation disclosures. The SEC has new rules around pay for performance and clawback provisions which companies will need to examine closely in order to craft effective disclosures....
NFP Compensation Insights | November 2022
Compensation Risk Assessments As we near closer to the 2023 proxy season, preparations are underway as public companies gather requirements for various compensation-related disclosures. Among them are the results of a compensation risk assessment. The SEC...
Compensation Risk Assessments
Incentive compensation holds an important yet unique place within a company’s pay program initiatives. Both long and short-term incentive plans should be designed to balance attracting and retaining top-level talent in conjunction with motivating behaviors to achieve a...
2022 Midstream & Upstream Industry Compensation Survey Results
We have completed our annual midstream and upstream compensation surveys and recently released the results. Once again, this year's responses revealed interesting findings in these sectors. Below we share notable takeaways from each survey. Midstream Survey The median...