Directors Face Expanded Risks, Willis Survey Shows

The risks for which corporate directors can be held liable for has increased dramatically over the last five years, particularly in the United Kingdom, according to a recent Willis Towers Watson survey of directors around the world.

Globally, the top five risks faced by directors included regulatory investigations, cyber attacks, risk of data loss, criminal and regulatory fines and penalties, and anti-corruption laws.

Read more at http://www.advisenltd.com/2016/06/28/directors-face-expanded-risks-willis-survey-shows/

Erin Ayers, Directors face expanded risks, Willis survey shows (June 28, 2016), available with subscription at Advisen Professional Front Page News.

Variable Pay Hits Record as Companies Weigh Risk Against Optimism

Companies are spending the most ever on variable pay for salaried exempt workers, according to Aon Hewitt, as optimism about the economy is tempered by a greater emphasis on risk management.

Funds allocated for incentives, bonuses and cash awards climbed to a non-inflation-adjusted 12.9 percent of payroll spending in 2015, the highest in the 39 years of the US salary increase survey.

Read more at http://www.advisenltd.com/2015/09/09/variable-pay-hits-record-as-companies-weigh-risk-against-optimism/

Chapman, Cate. ‘Variable pay hits record as companies weigh risk against optimism’. ©2015 Advisen Ltd. 18 September 2015.