What happens when two compliance aficionados get together to talk all things compliance, risk management and ERM? You get Tom Fox, the Voice of Compliance and Matt Kelly, the Coolest Guy in Compliance, going into the weeds of a topic each week. Each week, you can take a deep dive with two of the top writers, thinkers and prognosticators in compliance.
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What happens when two compliance aficionados get together to talk all things compliance, risk management and ERM? You get Tom Fox, the Voice of Compliance and Matt Kelly, the Coolest Guy in Compliance, going into the weeds of a topic each week. Each week, you can take a deep dive with two of the top writers, thinkers and prognosticators in compliance.
Incentives in Compliance: Structuring Effective Compensation Plans
Compliance into the Weeds
24 minutes
4 days ago
Incentives in Compliance: Structuring Effective Compensation Plans
The award winning, Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this episode of Compliance into the Weeds, Tom Fox and Matt Kelly discuss into the intricacies of integrating incentives into corporate compliance programs.
Matt shares insights from a recent webinar and blog posts, discussing how companies can encourage ethical behavior through executive compensation plans, performance bonuses, and other incentive schemes. The conversation covers the Justice Department's guidelines on executive compensation, the nuances of designing these programs to align with industry-specific risks, and the implications for different levels of management. They also explore the challenges of setting meaningful compliance metrics and achieving a balance between compliance incentives and overall business objectives in various sectors.
Key Highlights
· The Role of Incentives in Compliance Programs
· Structuring Executive Compensation for Compliance
· Challenges and Nuances in Incentive Programs
· Incentives for Different Business Models
· Compensation Types and Ethical Behavior
Resources
Matt in Radical Compliance
Tom
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A multi-award winning podcast, Compliance into the Weeds was most recently honored as one of a Top 25 Regulatory Compliance Podcast and a Top 10 Business Law Podcast, and a Top 12 Risk Management Podcast. Compliance into the Weeds has been conferred a Davey, Communicator and w3 Award, all for podcast excellence.
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Compliance into the Weeds
What happens when two compliance aficionados get together to talk all things compliance, risk management and ERM? You get Tom Fox, the Voice of Compliance and Matt Kelly, the Coolest Guy in Compliance, going into the weeds of a topic each week. Each week, you can take a deep dive with two of the top writers, thinkers and prognosticators in compliance.