Employment/Labor (U.S.) group
Welcome to the U.S. Employment & Labor community group. This group addresses all GRC issues that arise for companies that must address employment and labor requirements and risks in the United States. In addition, there are several community groups that address specific aspects of employment as they arise both in the U.S. and globally.
Executive Compensation group
Welcome to the Executive Compensation community group. We welcome active participation in this group by any premium or enterprise OCEG member. Group members may add resources to share, download resources provided by other members, access the related resource collections, and comment on group blogs.
U.S. Employment/Labor: Executive Compensation Domain Supplement resource Standards and Guidelines OCEG Reviewed
This Supplement addresses the governance, risk managment and compliance issues associated with executive compensation decisions and policies.
Objectives Of The Dodd-Frank Act (November 2010) resource Articles OCEG Reviewed
Introduction: President Barack Obama signed the Dodd-Frank Act into law on 21 July 2010. The main objective of the Act is to avert a repeat of the 2008 financial crisis by making financial institutions more accountable for their actions and by enhancing oversight of the industry to detect and prevent systemic risk before it reaches crisis level.
Final Guidance on Sound Incentive Compensation Policies (June 25, 2010) resource Agency Guidances OCEG Reviewed
75 Federal Register 36395 (June 25, 2010)
Agencies: Office of the Comptroller of the Currency, Treasury (OCC); Board of Governors of the Federal Reserve System, (Board or Federal Reserve); Federal Deposit Insurance Corporation (FDIC); Office of Thrift Supervision, Treasury (OTS).
Item 402 of Regulation S-K - Executive Compensation (February 12, 2007) resource Agency Guidances Member contributionOCEG Reviewed
CEO Compensation and Board Structure (2008, Rev. 2010) resource White Papers OCEG Reviewed
Abstract: In response to the corporate scandals in 2001-2002, the major U.S. exchanges came up with new director and committee independence requirements which are intended to enhance board oversight. We use this regulation event to shed light on the effect of board structure on CEO compensation.
Separation Pay Arrangements Under Section 409A (July 2010) resource Articles OCEG Reviewed
Section 409A of the American Jobs Creation Act of 2004 mandates specific requirements for nonqualified deferred compensation plans in order for recipients of the deferred compensation to avoid the immediate inclusion in income of vested benefits, the imposition of a 20 percent penalty, and an interest charge.
The Metropolitan Corporate Counsel; Minich, Dennis A.; July 5, 2010
Federal Reserve, OCC, OTS, FDIC Issue Final Guidance on Incentive Compensation (June 21, 2010) resource Agency Guidances OCEG Reviewed
Press Release from the Federal Reserve.
