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The concern that machines and robots will make certain jobs obsolete and leave countless workers without a job has been prevalent for years, dating back at least to the Industrial Revolution. While there have been jobs lost to automation, technology, and robotics, this doesn’t tell the whole story, and the real dynamic is more complex. […]
How these companies respond could have a direct impact on their compensation administration in the future because regulators will provide guidelines that prohibit incentive compensation that encourages inappropriate risks (by providing excessive compensation) or that could lead to material financial loss. Legislation Affecting Executive Compensation: What is Say on Pay? Say on Pay "requires a […]