descriptionIssue Brief Posted on: 2/28/2020

Secular Shocks and Executive Compensation—Lessons from COVID-19

Takis Makridis Therese Sebastian

As the latest in a series of unplanned secular shocks, how does COVID-19 make the case for relative performance metrics? By that, we mean not just relative total shareholder return (rTSR) but other relative awards such as those based on financial metrics (like EBITDA growth).

In this issue brief, we delve into what total rewards leaders and compensation committees can learn about building resilience into their performance equity plans, using late February 2020 market volatility from COVID-19 as a case study.

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