6 Steps to Implementing a Successful Financial Wellness Program

According to the Bank of America Merrill Lynch Workplace Benefits Report, 81% of employers consider their employees’ overall personal financial well-being part of their responsibility. More important than the sense of responsibility employers feel around offering financial wellness tools, perhaps, is the effect on employee behavior and overall satisfaction. The report also found that 76% of employers feel that providing this benefit to employee’s results in a more satisfied workforce and 66% of employers feel offering a financial wellness program fosters a greater sense of loyalty.

What EDGAR Can’t Do For You

The EDGAR database has a search function that allows public access to all company filings including various 10-K, 10-Q and 8-K filings for peers and competitors. Great, right? In theory, yes; in practice, not so much. The missing word is easy. If you have tried to search documents in EDGAR before, you know that the process is far from easy. Being able to quickly pinpoint the information you are looking for is difficult to say the least, and even EDGAR confesses there are limitations to the types of searches you can perform. But there is a better way.

Trends (And Gaps) In Employee Stock Plan Communications Revealed By Survey Of Multinational Companies

If you’re as much into stock plan education as we are, you’re probably also really into survey data. That makes today a good day for both of us at this blog. We have been perusing the 2015 Global Equity Incentives Survey by PricewaterhouseCoopers and the NASPP. The survey presents questionnaire data from 245 multinational companies with employees in 75 countries. The researchers found that the use of equity awards by the surveyed companies generally continued to grow in 2014 and 2015, after falling in 2009–2011 and rebounding in 2012. With this growth in the use of equity has come an expansion in stock plan education and communications.

2016 ISS Policy Updates

Institutional Shareholder Services (ISS) recently released their 2016 proxy voting guideline policy updates. These updated policies are anticipated to be applied to shareholder meetings on or after February 1, 2016. A few of the most important U.S. benchmark policy updates include changes to the director overboarding policy, updates to policies around unilateral board actions which adversely affect shareholder rights, and a policy change addressing insufficient disclosure of compensation arrangements for executives at an externally-managed issuer.

SEC Filing Research: 4 Reasons Why it’s Indispensable

Recently Morningstar announced that it will be sun setting its web-based research service, Morningstar Document Research (MDR), effective August 31st, 2016. MDR, which is more commonly referred to as 10-K Wizard, has long been revered by the SEC document research market for being a cost-effective solution that helps users navigate corporate disclosure filings and fulfill SEC filing research requirements. Morningstar’s departure from this space has left its current and prospective clients feverishly scouring the market for an affordable alternative that doesn’t compromise on functionality.

Are You Following the Center for Data Quality Rules?

Formed on June 24th, 2015, the XBRL US Data Center for Data Quality is dedicated to improving the utility of XBRL financial data filed with the SEC. In this press release, the Center announced its plans to address two main areas. The first area is to provide uniform, consistent tagging of financial data and to clarify those specific circumstances where custom tags are appropriate. And the second area is to automate validation rules to detect input errors and verify compliance with the Committee’s guidance.

7 Critical Areas for IPO Success

In one of our most watched on-demand webinars, Getting IPO Ready: Preparing Your Strategy and Equity Plan, experts discuss what it takes to gear up for your IPO and outline essential success factors across the finance organization. Preparing for an IPO takes resources, expertise, and coordination across departments, and the best time to begin the preparation process is now! Below you will find seven key areas affected by an IPO as presented by Nicole Irvin, Vice President, Morgan Stanley Investment Banking Division. Irvin provides detailed information about who from your organization should be involved, what key things you need to be thinking about, and what can you do now – even if you are well in advance of an IPO – to start to prepare.

Are Complexity and Clarity at Odds in Executive Financial Planning?

Whoever coined the phrase “cash is king” wasn’t talking about executive pay, which as you know has become increasingly weighted toward equity compensation. Has the complexity of executive compensation trumped clarity in executive financial planning? That’s the challenge for today’s C-suite executives. The longer executives have worked for the company, the more likely they have accumulated various combinations of executive compensation and rewards. Over the course of a decade or two, the mix can include stock options, restricted stock grants, stock appreciation rights, employee stock purchase plans or performance arrangements. Few executives would say they have a good grasp on the particulars of their company stock holdings, tax treatments and a game plan to optimize these rewards.