“ If the economy continues to improve , executives who are performing satisfactorily or better will be rewarded with appropriate compensation increases ”
— Joseph E . Bachelder , Special Counsel at McCarter & English LLP
39 other functions – are continuing to look uncertain . Should the S & P 500 index continue to improve despite fluctuations caused by ongoing events ? Bachelder expects that “ executives who are performing satisfactorily or better will be rewarded with appropriate compensation increases .” However should “ the economy dip again due to the pandemic or other circumstances , tougher stances may need to be taken by employers to adjust executive compensation and awards .” While it may be hard to definitely predict one way or another what 2021 will look like when it comes to executive compensation , there are clear approaches that organisations can make in response to economic changes to mitigate the impact . As a result understanding them and being agile to adopt new methods will be vital to the success of any organisation .
businesschief . com