Among the key takeaways from its recent webinar: "Key Trends in Executive Compensation, Employment Law and Compensation Committee Practices," Skadden discusses how companies are responding to the Tax Act's elimination of the §162(m) qualified performance-based compensation exception and related planning considerations; proxy season-relevant ISS and Glass Lewis policy updates; considerations relative to the new hedging disclosure rule; director compensation scrutiny and risk mitigation; and #MeToo and gender equity-related impacts on executive compensation plans and practices.
The discussion on #MeToo and Gender Pay Equity, including pay audit best practices for those companies that may be considering that step, is particularly instructive in light of the still-emerging upsides and downsides associated with undertaking that type of audit and related disclosure.