WorldatWork Publishes Practitioner's Guide to Executive Rewards Communications

Jan. 7, 2010 — Washington, D.C. — As public and media scrutiny of CEO pay continues unabated, organizations may be focusing on external communications to manage public perception when they should be equally focused, if not more so, on internal communications. WorldatWork, a global human resources association, has released a new tool to ensure successful internal communications dealing with executive pay. "The Practitioner's Guide to Executive Rewards Communications" is an interactive tool designed to assist executive rewards practitioners, or anyone who has to discuss pay with executives, in preparing for and conducting such complex discussions. The tool helps users organize their talking points based on various pay elements, including: base pay, annual incentives, long-term inc! entives, nonqualified plans, perquisites and proxy data. The tool also guides users on the different aspects of rewards that must be considered when preparing to communicate with executives regarding their pay: • What to Communicate • Historical Aspects • Technical Aspects • Soft and/or Motivational Aspects • Timing Considerations • Other Considerations "When there is a lack of understanding, perplexing behaviors occur, such as when executives exercise stock options in a way that indicates they don't understand the reward," said Don Lindner, CCP, senior practice leader at WorldatWork. "The new executive compensation commu¬nications tool helps to ensure that leaders understand how the various elements of their pay programs work together, thereby preventing unintended consequences leading to dissatisfaction, underutilization or loss of key talent." "The Practitioner's Guide to Executive Rewards Communications" was created by an all-volunteer board of advisors for WorldatWork: Ann Hatcher, CCP VP Executive & Workforce Development HCA Inc. Randy Keuch Vice President Total Rewards H. J. Heinz Co. Brit Wittman, CCP Director Executive Compensation Intel Brynn Evanson, CCP Director, Compensation JCPenney Kevin F. Hallock Ph.D. Professor Labor Economics & HR Studies Cornell University Haroon Saeed Vice President Corporate Compensation Prudential Financial Inc. Terry Pasteris, CCP Consultant TLMP Consulting Group David Hofrichter Lead Consultant Hewitt Associates Laura A. Flavin, CCP Vice President, Global Compensation Colgate Palmolive Co. Joan F. Bakarich, CBP, CCP, GRP Director Global Compensation General Motors Corp. Mike Halloran Worldwide Partner Mercer HR Consulting Steve Hinden Vice President Executive Compensation American Express About WorldatWork® The Total Rewards Association WorldatWork is a global human resources association focused on compensation, benefits, work-life and integrated total rewards to attract, motivate and retain a talented workforce. Founded in 1955, WorldatWork provides a network of more than 30,000 members and professionals in 75 countries with training, certification, research, conferences and community. It has offices in Scottsdale, Arizona, and Washington, D.C. # # # This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.