DATE PUBLISHED: OCTOBER 14, 2021
Last year, ISS Corporate Solutions (ICS) published the paper Strategies in Peer Group Selection During COVID-19, which provided guidance around compensation peer groups during a period of significant uncertainty. In a time when the pandemic had varying impacts on companies’ compensation and incentive programs, peer groups remained a key tool for management teams and Boards, providing a useful benchmark in the decision-making process. With 2020 and the latest proxy season now behind us, in this analysis ICS’ compensation experts examine the peer groups that were actually chosen in 2020 and how shifts in CEO pay may necessitate a peer group update for some firms.
