Description: Essays advocating for incentive compensation linked to the level of risk in an organization.

Description: Article describing key steps to develop an incentive compensation plan that aligns to the company’s risk profile, mitigate excessive risk taking, retain talent and meet the disclosure requirements. The yearly development cycle includes develop the incentive compensation program, communicate and implement and assess the plan performance on both short and long term horizon.

Description: List organizations types that does not have incentive that is aligned with public interest or interest of the organization itself.

Description: This paper is Part 1 of a two-part submission. Part 2, “An Alternative Approach to Capital Allocation,” discusses using risk-replicating techniques that directly calculate the cost of capital. Such techniques can be used as a substitute for capital allocation. This paper expands upon current capital analysis by introducing a practical approach that considers the objectives of all stakeholders of an insurance company in setting appropriate capital targets.

Description: This article discusses incentive compensation metrics set to motivate performance, retain people, satisfy legal constraints and Say-on-pay and promote good risk management. Alignment discussion between actual metrics characteristics and the behavior they promote.

Description: This article advocates for a lower variable part in salary and increase focus on other mechanisms (goal setting, simpler product, management, culture and processes). The psychological aspect of belonging to the incentive compensation pool is more important that the financial aspect.

Description: This essay advocates for the consideration of risk in an interdisciplinary framework. An "effective resilience" metric is introduced as a way to reflect an organization's exposure and response to an adverse event, and to measure the ability of the organization to mitigate and recover from the resulting reduction in its operating level. Part of the essay collection "Risk Metrics for Decision Making and ORSA"

Description: Description of considerations and perspectives to be taken into account by incentive compensation plans.

Description: This paper considers the question of whether the growth in the size of financial statements witnessed over the last several years has yielded an increase in the quality of disclosure around issues of financial risk and to what extent this disclosure is satisfying the perceived needs of readers of the financial statements, as represented by the investment analyst community.

Description: This article discusses key considerations to build an incentive compensation program.