Thomas M. Greene
Boston, Massachusetts, United States
790 followers
500+ connections
About
Tom is an Executive Compensation & Employee Benefits attorney known for negotiating high…
Contributions
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What are the pros and cons of using golden handcuffs to retain key employees?
Golden handcuffs are a great tool to keep "key personnel" on task when used strategically. Golden handcuffs work best when the company has a specific goal in mind such as a sale, achieving a certain financial metric or breakthrough (e.g., technology, regulatory approval, research goal). The time horizon should be finite and the award should incorporate a mix of time and performance vesting. Many companies have rolling compensation periods (i.e., 3 year payout for bonuses) that are intended to have a retention effect, particularly public company bonus programs. While the vesting makes leaving painful and raises the talent acquisition cost for suitors, this approach will become rote over time and lose its motivational impact.
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What are the common pitfalls and challenges of administering NQDC plans with change of control triggers?
One of the reasons to tie deferred / equity compensation to employer stock (including SARs and phantom stock) is the ability to subject it or a portion thereof to applicable earn out terms or to extend certain vesting conditions through and beyond the change in control. That is an area under IRC Section 409A (the primary law regulating deferred compensation and its taxation) where technical compliance requirements and business goals align very well.
Activity
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We would like to introduce you to the recently appointed board of IWIRC Ireland, comprising Áine Murphy and Sarah-Jane O'Keeffe, FCCA as Co-Chairs…
We would like to introduce you to the recently appointed board of IWIRC Ireland, comprising Áine Murphy and Sarah-Jane O'Keeffe, FCCA as Co-Chairs…
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I've never been one to jump on new #retirementplan industry fads and trends too quickly, since many are short-lived, misguided, or full of conflicts.…
I've never been one to jump on new #retirementplan industry fads and trends too quickly, since many are short-lived, misguided, or full of conflicts.…
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I had the honor of taking the stage at Summit Baja recently to speak on the future of healthcare. In my talk entitled “Beyond the Hype: Real Advances…
I had the honor of taking the stage at Summit Baja recently to speak on the future of healthcare. In my talk entitled “Beyond the Hype: Real Advances…
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Experience
Education
More activity by Thomas M.
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Excited to share this new ranking for JAB Law! The nomination is based on a rigorous evaluation process that collects input from clients and leading…
Excited to share this new ranking for JAB Law! The nomination is based on a rigorous evaluation process that collects input from clients and leading…
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Thank you Dr. TRB Rajaa, Ajit Gupte, Paul Arun, Sandeep Nanduri, Arian Sürmann for your time and the good discussion. We look forward to a close…
Thank you Dr. TRB Rajaa, Ajit Gupte, Paul Arun, Sandeep Nanduri, Arian Sürmann for your time and the good discussion. We look forward to a close…
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Gen Z, congratulations! 👏 You were a powerful and impactful group of voters in Tuesday’s elections. I hope you continue to use your voice and make…
Gen Z, congratulations! 👏 You were a powerful and impactful group of voters in Tuesday’s elections. I hope you continue to use your voice and make…
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I'm excited to welcome Joshua Sorensen to Alera Group, Inc. and the BCG 401(k) Advisors team. Jeffrey B. Anderson - CPFA®, Norbert Naths, George…
I'm excited to welcome Joshua Sorensen to Alera Group, Inc. and the BCG 401(k) Advisors team. Jeffrey B. Anderson - CPFA®, Norbert Naths, George…
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Alera Group Announces Retirement Plan Services Expansion. Thanks for the coverage 401k Specialist Magazine and Amanda…
Alera Group Announces Retirement Plan Services Expansion. Thanks for the coverage 401k Specialist Magazine and Amanda…
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We are so pleased to share that Alice Duffy, partner at Matheson LLP with 13+ years of experience, will be joining the Global Mobility Lawyer…
We are so pleased to share that Alice Duffy, partner at Matheson LLP with 13+ years of experience, will be joining the Global Mobility Lawyer…
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I'm excited to share that yesterday we had our ribbon-cutting ceremony in Pittsburg, California, celebrating the commercial operations of the largest…
I'm excited to share that yesterday we had our ribbon-cutting ceremony in Pittsburg, California, celebrating the commercial operations of the largest…
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I'm excited to announce our new partnership with Venrollment and Justin LaSalle-Tarantin. Thanks to 401k Specialist Magazine for the coverage.…
I'm excited to announce our new partnership with Venrollment and Justin LaSalle-Tarantin. Thanks to 401k Specialist Magazine for the coverage.…
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Celebrating 15 incredible years of WE Inspire. Promote. Network. (WIPN) at the NASDAQ this week. It was an honor to be part of this team ringing the…
Celebrating 15 incredible years of WE Inspire. Promote. Network. (WIPN) at the NASDAQ this week. It was an honor to be part of this team ringing the…
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I’m happy to share that I’ve started a new position as the Chief Compliance Officer of Tufts Medicine.
I’m happy to share that I’ve started a new position as the Chief Compliance Officer of Tufts Medicine.
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I am proud to share Suffolk was named to Fast Company’s prestigious list of “Best Workplaces for Innovators.” Our investment and implementation of…
I am proud to share Suffolk was named to Fast Company’s prestigious list of “Best Workplaces for Innovators.” Our investment and implementation of…
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More news to celebrate. Rockland Trust has been recognized as one of the largest independent investment advisers in Massachusetts by the Boston…
More news to celebrate. Rockland Trust has been recognized as one of the largest independent investment advisers in Massachusetts by the Boston…
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I had a chance to reconnect with some former colleagues the other night. They were going to be speaking about AI in Insurance at an event in Boston…
I had a chance to reconnect with some former colleagues the other night. They were going to be speaking about AI in Insurance at an event in Boston…
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Business owners have many options for the future of their businesses, especially when it comes to the decision of whether or not to sell a business…
Business owners have many options for the future of their businesses, especially when it comes to the decision of whether or not to sell a business…
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Sharing fabulous news about Rockland Trust Investment Mangement Group (IMG).
Sharing fabulous news about Rockland Trust Investment Mangement Group (IMG).
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