Zayla Partners

Thank you WorldatWork for asking us to speak at "Total Rewards 24" in Cincy this week! You put on a 1st class conference. Shoutout to Sue Holloway, a great friend and amazing backbone to WorldatWork for the past 22 years! Sign up for our monthly newsletter (https://lnkd.in/g3gBBRQU) to get deeper stats and analysis on our "Executive Compensation: Secrets of Top Performing Companies" research we presented. #totalrewards24 #cincinnati

The Zayla team had its annual strategy meeting this last Thursday. Getting together with the whole team is one of our favorite things to do. We are excited about what the future holds! We also welcome our newest Principal, Robert "Kyle" Lamport, CCC, CAC. Kyle comes to us with 10 years of experience in the executive compensation space. We are excited for what Kyle brings in experience and character!

Don't miss the opportunity for insights on Compensation and Benefits across the biggest survey (60+) of E&P operators! Not only does the ECI survey give perspective on benefits (a true Total Rewards strategy) but it also provides a revamped approach on LTI with actionable insights for participants on a tricky pay element. Survey closes for participation on May 17th. https://lnkd.in/gZqwrqZh

Proxy seasons always offer new intrigue for those of us interested in the world of corporate governance.  2024's iteration has an early interesting case study and conclusion - one  which we uncovered in a recent analysis. A publicly-traded company in the US that has an earlier filing and annual meeting timing found itself facing a split in recommended vote from the two major proxy advisory firms – ISS and Glass Lewis – on their Say on Pay shareholder proposal. In its efforts to respond to the negative vote recommendation and further inform shareholders on the merits of their pay program, the company ran some analysis concluding that total assets have a higher correlation to compensation levels than revenue and should be relied upon more as a key metric in evaluating their pay program. See the filing with analysis here (https://lnkd.in/gFe4TgHy). Side note, we drew the same conclusion in our 2023 analysis of the top 1,500 public companies (https://lnkd.in/gBrUF9fC). Ultimately, their efforts were unsuccessful as they had other SOP concerns, and they did not receive majority support from shareholders. In an otherwise tame Say on Pay proxy season (so far), we found this situation and analysis particularly interesting and wanted to share with our audience. Let us know if you have any thoughts or questions on this!

The team at Zayla Partners recently conducted a landmark analysis for an upcoming presentation at WorldatWork Total Rewards '24 Conference. We analyzed pay practices at the 50 Best Companies (Top Total Shareholder Return, Most Admired, Best Places to Work, Fastest Growing, Successful Small Caps etc.) VS. the 50 Worst Performing Companies. One not-so-shocking result is the Best Companies have a compensation vision. They are 122% more likely to have a stated compensation philosophy and they are more than twice as likely to target pay above the market median in incentive compensation.

Thanks for the participation in our 3 day Non-Compete Ban poll. The results are in: 60% of business owners, senior management and employees who participated believe the ban will be good for business. While states and companies are planning to argue this ban in the courts, the popular opinion may sway the final outcome. It’s worth noting this ban should not have any impact on non-solicitations, business sale non-competes or existing non-competes with executives. Stay tuned.

We're interested to know your opinion on the recent Non-Compete ban. Vote below. Results will be available in 3 days! https://lnkd.in/g-C3FUs5

The ECI Oil and Gas E&P Compensation Survey is now open for participation. If your company is interested in participating in or learning more about the survey, click the link below for further instruction. This survey is a great opportunity to benchmark your compensation and benefits practices against 70+ other operators you may be competing with for industry talent. https://lnkd.in/gzW7Bmdc #oilandgas #explorationandproduction #compensation #surveys

We look forward to the 2024 edition of ECI's Oil and Gas Exploration and Production Compensation Survey. If your organization is interested in participating in the gold standard of E&P compensation surveys, please follow the link below to apply to participate. #compensationstrategy #oilandgas

The relationship between CEO pay and company size has been well vetted for many years through statistical research. However, the metric for determining size is critical. In our latest article we analyzed the top 1,500 public companies over the prior five years to draw correlation conclusions. Check out our part 2 in the series: "What Matters in CEO Pay?" entitled "Size & CEO Pay". #CEOpay #executivecompensation https://lnkd.in/gBrUF9fC