Grahall in the News
by Edie Kingston
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July 1st, 2009
A Unique Survey of Compensation Practices in the Hedge Fund Industry
Link to eMediaWire report.
After a tumultuous year for the Hedge Fund industry in 2008, the industry faces unprecedented challenges, the impact from which will reverberate through 2009 and beyond. These challenges will be met by management companies making changes to business strategies as well as addressing issues on how to structure compensation and attract and retain talent. A key question to consider when an employee with vested equity departs from a management company is how the circumstances giving rise to his departure, as well as his compliance with any restrictive covenants after the departure, will affect the calculation of his buy-out.
Grahall Partners, LLC recently released to participants the results of the 2009 Survey of Hedge Fund Compensation Practices. The survey was developed in collaboration with Kleinberg, Kaplan, Wolff & Cohen, P.C. and UBS Prime Brokerage Services.
Link to eMediaWire article.
Filed under: Grahall in the News
Tags: Compensation Trends, hedge funds
Grahall in the News
by Edie Kingston
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Share/Save
July 1st, 2009
HR News shares information on Grahall’s recent groundbreaking study of Total Rewards Strategic Alignmen. Link to article.
In a time when businesses MUST pay close atttention to their financials to ensure that they are maximizing sales and revenue and reducing operating expenses, attention must be paid to ensuring that their is adequate return on investment on payroll expenses. There are many ways to accomplish this, which include development of specific competency sets, targeted talent acquisition, productivity and performance management programs, and compensation/reward plans that are targeted to reward attainment of performance metrics.
Contradictory to this, a recent Total Rewards Strategy Alignment Study by the Grahall Research Institute shows that more often than not, rewards programs are not tied to business objectives.
Link to HR News article.
Contact Grahall or email Grahall’s Editorial Director at edie.kingston@grahall.com
Filed under: Grahall in the News
Tags: Total Rewards Strategy
Newsfeeds
by News Monitor
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July 1st, 2009
Published in Bloomberg, July 1, 2009 by Jesse Westbrook
Bank of America Corp., Citigroup Inc. and other companies that haven’t repaid government aid may have to let shareholders weigh in on executive pay for top managers under rules proposed by U.S. regulators.
The Securities and Exchange Commission voted 5-0 today to seek feedback from investors and the banking industry on whether companies with outstanding debts should be required to give shareholders a vote on compensation. The rule would apply to banks that haven’t repaid funds received under the Troubled Asset Relief Program.
Link to full article.
Filed under: Newsfeeds
Tags: financial services industry, Government bailout, Say on Pay, TARP
A Unique Survey of Compensation Practices in the Hedge Fund Industry