Thought Capital

In today's fast-paced business world, a well-defined Compensation Philosophy is the cornerstone of any successful talent management program.

As part of our annual review of the 2023 TSX60 issuer proxy circulars, we have analyzed the shareholder proposals submitted to these issuers to better understand how shareholder expectations / concerns have evolved over the years.

Board evaluations are not evaluations at all, or at least they shouldn’t feel like one.

Every year, Hugessen Consulting conducts a review of the proxy circulars filed by the constituents of the S&P / TSX60 Index to report on trends in executive compensation and related governance practices among Canada’s largest and most influential companies. This article summarizes our findings related to ESG metrics in these companies’ executive compensation programs in respect of fiscal 2022.

Part 5 of our series outlined how to effectively weigh considerations when determining the importance of metrics in incentive programs This article focuses on the key considerations for calibrating and setting targets when incorporating ESG metrics into incentive plans.

Hugessen hosted a webinar in connection with the ICD in which we delved into the key observations and learnings from the 2022 pay disclosure while offering invaluable insights into the emerging issues and topics shaping the governance landscape in the coming months.

Despite plenty of guidance about how many boards are too many, the answer comes down to personal performance.
Proxy advisory firms suggest directors limit themselves to a maximum of five boards. The key factor, however, is whether each member’s personal contribution is enough to earn them a seat at the table.

Michelle is a Partner and has over 20 years of experience in executive compensation and corporate governance. She consults with a variety of public and private clients across Canada and the U.S. covering a broad range of industries. She offers a deep understanding of the shareholder perspectives on pay and governance issues.

In the latest edition of our 'Insights in Action' video series, Michelle talks about her role at Hugessen Consulting, focusing on bridging the gap between boards of directors and senior management teams regarding executive compensation. She emphasizes the importance of understanding shareholder perspectives and tailoring solutions to diverse client needs.

Julia Hunt, a manager in Hugessen’s Toronto office, is an experienced executive compensation professional dedicated to supporting clients through the evolution of their governance and compensation practices. Leveraging her collaborative and analytical approach, Julia brings structure, process, and technical expertise to complex circumstances, ultimately facilitating a well-informed decision-making process. 

In the latest edition of our 'Insights in Action' video series, Julia shares her perspective on what makes Hugessen unique and her approach to developing fit-for-purpose solutions rooted in a thorough understanding of their key stakeholders, strategic objectives, and talent priorities. 

For companies considering an initial public offering (IPO), an important factor to carefully consider is the design of the long-term incentive plan (LTIP). To gain insights into prevailing LTIP practices, Hugessen conducted extensive research focusing on 45 IPOs listed on the Toronto Stock Exchange.