Crafting clawbacks

F. H.
April 2009
Workforce Management;4/20/2009, Vol. 88 Issue 5, p18
The article offers information on the crafting of proposals for mandatory clawbacks in executive compensation in the U.S. It mentions that clawbacks have been modeled after the provisions which are required for U.S. companies receiving Troubled Asset Relief Program (TARP) funds. According to Irv Becker, national practice leader for the executive compensation practice at Hay Group Inc., whether clawbacks will be government mandated or a best practice for compensation design is not yet certain.


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