REDWOOD CITY, CA (November 13, 2013) – Equilar, the leader in executive compensation benchmarking and governance research, today announced its partnership with The Conference Board Working Group on Supplemental Pay Disclosure to encourage the adoption of standardized Realizable and Realized Pay methodologies as defined by the Working Group’s Realizable/Realized Pay Conceptual Framework that reflect industry best practices. By adding the Working Group’s Realizable/Realized methodologies to Equilar’s P4P analytics platform, companies will now be able to enhance their analyses comparing to their peers over a one-, three-, or five-year time horizon.
“As a leader in pay for performance analysis, Equilar is pleased to collaborate with The Conference Board Working Group to provide greater clarity on this critical topic,” said Brian Sohmers, Executive Vice President and General Manager for Equilar Insight.
“Multiple definitions of Realizable and Realized Pay have resulted in inconsistencies in pay for performance comparisons,” added Donna Dabney, Executive Director of The Conference Board Governance Center. “We are thrilled that Equilar has added our framework to its platform, which will help in promoting greater standardization.”
“The Working Group’s framework represents an important step in allowing companies to more effectively tell their pay for performance stories using standardized methodologies,” said Center On Executive Compensation Co-CEO, Charlie Tharp, “and having the ability to test it on the Equilar platform will make the process even easier.”
“We are proud of the hard work of the Working Group which included vetting with institutional investors,” said Darla Stuckey, Senior Vice President, Policy & Advocacy at The Society of Corporate Secretaries & Governance Professionals. “The resulting framework provides a principles-based model for corporate issuers to use to supplement their disclosure in the Summary Compensation Table if they so choose.”
In addition to utilizing the Working Group’s methodologies, Equilar clients can also use methodologies from proxy advisory firms Institutional Investors Services (ISS) and Glass Lewis. As a result, Equilar clients can tailor analyses to view the same pay for performance analysis that investors see.
Headquartered in Redwood City, Calif., Equilar is the leading provider of executive compensation data and governance tools for corporations, nonprofits, consulting firms, institutional investors, and the media. As the trusted data and executive solutions provider to 70% of the Fortune 500, Equilar helps companies accurately benchmark and track executive and board compensation, pay for performance results, and compensation practices. In addition, Equilar offers a leading business and event networking solution focused on serving executives and board members. Equilar’s research is cited regularly by Bloomberg, The New York Times, The Wall Street Journal, and other leading media outlets.