Evidently, we would love to have a chance to discuss with you how we can help you and you can get to know who we are and what we are doing by clicking on the categories on the right of this column. But the purpose of this website goes well beyond simply offering our services. As compensation professionals , we experienced first hand the frustration rising from the proliferation of the issues : there was a time when there were a few major issues that came up every year, to stir up the Compensation professionals community and it was almost easy to keep up with the newest idea.
A monthly issue of the A.C.A magazine was enough to know what was brewing… Then companies started testing new concepts, going overboard with creativity. You just had started to figure out what Broadbanding would look like in your company and why it would be a good/bad idea (choose your side !), and we would start seeing articles about the “modified broadbanding” . Just when we were getting a sense of the extent of the changes that Stock Option expensing was going to introduce in the Compensation practices, Microsoft went “All Restricted Stock” on us, tender offers were a great idea, no, wait, a bad idea…transferable options were the way to go, well, maybe not for everybody. Meanwhile, the niche specialized knowledge about compensation levels in China became a prerequisite to apply to a entry level job and the hot skills suddenly became about Ukraine, 409(a) regulation, ISS guidelines, China again (but a different region), web based compensation management systems (in house or off the shelf ? Java or Cold Fusion ?), equity plans regulation in India, Corporate Governance, proxy disclosure, getting chummy with your Compensation Committee. And all of that of course, while keeping an eye on your exempt/non exempt classification issues… In a few words, it suddenly became as difficult to keep track of compensation issues as it is to keep track of whatever is the name these days of what used to be Buck-Iquantic-Mellon and whatever happened to Forster and Crosby of the old T.P.F&C.
The internet and the various search engine are one of the best way, not to keep up with , but to catch up or freshen up on the major issues. “ Hi, my name is Jane Compdoe, I am a compensation professional and a Google abuser”. The knowledge is there, all the raw information is available, there is just so much of it that it is even difficult to sift through everything to find what is merely relevant. This website is not going to solve our problem. The need to rely heavily on consultant expertise is just starting to increase and Compensation professionals will learn about the need for “a second opinion”. What will help us not waking up one morning and finding a compliance or a retention issue already too widespread to be fixed easily is to keep all these issues on our radar screen. The companies that first saw the “blip” of the FLSA classification issues were able to address them before it became a full time job for a team of 5 for a full year. This is where thebrossardgroup.com will attempt to help you. This website will be updated on regular basis, with little columns, blurbs, links, article excerpts, full blown contributions from experts in Europe and Asia as well as, hopefully, comments from you, readers. The content will be limited (so to speak) to issues affecting the Compensation and Equity professionals . We will not solve problems, we will not provide miracle solutions, roadmaps to the ultimate successful compensation strategy, just try to bring issues, ideas and compensation news to your attention. The format of the website allows readers to post comments and we have no doubt that some riveting discussion threads will be started.
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