SERVICES RESOURCES BLOG

Dear All, True heroism is remarkably sober, very undramatic. It is not the urge to surpass all others at whatever cost, but to serve others at whatever cost.” - ARTHUR ASHE

That quote holds true even weeks after the catastrophic effects of Hurricane Harvey and reminds us how proud we are to live in the great city of Houston. Our thoughts and prayers are with those who were affected as they struggle to get back to their normal lives. We at L&A were very blessed and are more motivated than ever to provide the best service to our clients as we work through the busy fall season.

That being said, we are proud to announce that our latest Texas Top Guns analysis for 2017-2018 is complete! We are happy to share that data with all of you in this month’s L-Blast. Our analysis includes proxy disclosures of 363 of Texas’ top public company CEOs. We hope you find this report insightful and beneficial.

Additionally, we have some interesting articles to share with you this month. The first is an original L&A article on Merit Pay in which we explain L&A’s approach to setting compensation levels and our Generally Accepted Compensation Principles™ model.

The next article may be very helpful to those of you who are dealing with the effects of Harvey, specifically how to pay employees and the laws governing employee compensation during a natural disaster. Lastly, we have an article from WorldatWork about the change in reporting requirements for private sector employers – they are no longer required to disclose pay and hours worked on the new EEO-1 form. We would also like to remind you that October 1st is the first date many companies can run their median employee analytics for purposes of CEO Pay Ratio.

We appreciate each and every one of you. As always, let us know if there is a particular subject you’d like to learn more about.

Sincerely,

Brent Longnecker and the L&A TeamChairman and CEOLongnecker & Associates

THE L-BLASTSTRATEGY | GOVERNANCE | COMPENSATION SEPTEMBER 2017

Where Has All the Merit Gone?It’s that time of year again as we enter the final quarter of a compensation cycle and the beginning of a new football season, with renewed hopes that this is your team’s year. With this entry into salary planning time for the general employee population, HR departments are currently in the throes of the HR “Super Bowl” of evaluating, entering, budgeting, recommending, and processing compensation adjustments for 2018.

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NACD Networking Breakfast-Shareholder Activism

Friday, November 3 7:00 a.m. – 9:15 a.m.

Junior League of Houston1811 Briar Oaks LaneHouston, TX 77027

Join Kai Liekefett, Corporate Partner at Vinson & Elkins as he shares valuable insights on preparing for, defending and resolving activist campaigns and proxy fights.

NACD Networking Breakfast- Putting the Spotlight on Compensation

Thursday, November 16 7:00 a.m. – 9:15 a.m.

KLRN Studios 501 Broadway San Antonio, TX 78215

Join our very own Brent Longnecker as he leads the discussion and shares his expertise on compensation related issues.

HC&B- Monthly Meeting

Thursday, October 12 11:00 a.m. – 1:15 p.m.

Junior League of Houston1811 Briar Oaks LaneHouston, TX 77027

Join guest speaker Jim Wolf, Managing Partner at Meridian, as he discusses compensation practices and governance strategies, including energy industry compensation.

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Let’s Work TogetherWe know what it takes to attract, retain and motivate key talent. Contact us to develop a plan that works for your business.

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Get to Know UsBrent Longnecker CHAIRMAN & CEO

Words to Live By: “I can do all things through Christ who strengthens me.” Philippians 4:13What’s your key to success? Vision- “The vision that you glorify in your mind; the ideal that you enthrone in your heart—this you will build your life and this you will become.” James AllenChildren: Six amazing daughters: Alicia, Brittny, Chanel, Dayna, Faith & AbigailWhat are you passionate about? My marriage to the most amazing lady I know- Shelly.What is the one thing you would take to a desert island? My wife! :)

281.378.1350 | LONGNECKER.COM | Houston: 11011 Jones Road, Suite 200 | Houston, Texas 77070 Dallas: 13155 Noel Road, Suite 900 | Dallas, Texas 75240

Denver: 600 South Cherry Street, Suite 1115 | Glendale, Colorado 80246

How Do You Pay Employees When Disaster Strikes?Employers face serious financial penalties if obligations to employees are overlookedUnless you live in a hurricane, tornado or earthquake corridor, the phrase “natural disaster” may not worry you. But there were 337 natural disasters reported worldwide in 2013 that affected the lives of nearly 100 million people.

New EEO-1 Pay, Hours Worked Reporting Requirements Suspended IndefinitelyPrivate-sector employers with 100 or more employees have been given a reprieve from disclosing pay and hours worked data on a new EEO-1 form due March 31, 2018.

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281.378.1350

L&A’S 2017-2018 Texas Top Guns AnalysisWe are delighted to share our latest Texas Top Guns Analysis with you. The analysis details the 2017 proxy disclosures for CEOs of Texas’ public companies with the highest revenues. See the full report, including a listing of all 363 Texas public companies analyzed by clicking the button below.

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TEXAS

TOP GUNS2017-2018

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