Pay Governance LLC is an independent firm that serves as a trusted advisor on executive compensation matters.
Our work helps to ensure that our clients' executive rewards programs are strongly aligned with performance and
supportive of appropriate corporate governance practices.
Sara Bivins is a Consultant in the Dallas office of Pay Governance with over 17 years experience in executive compensation. Sara serves as both a key contributor and a day-to-day project manager for client engagements focused on assessing the competitiveness of compensation programs, and their alignment with the organization's business strategy. Her experience includes developing compensation strategies, conducting competitive market pay assessments, as well as designing and implementing annual and long-term incentive plans. Additionally, she designs and develops pay strategies and programs for non-employee directors of the Board, assists with proxy statement development by providing technical knowledge of disclosure regulations and assistance with required filing requirements, and conducts 280G change-in-control analyses. Sara's client experience primarily includes work with publicly-traded companies in various industries including energy, pharmaceutical, retail, high technology, financial services, and transportation.
Prior to joining Pay Governance at its inception in 2010, Sara worked in the Dallas office of Towers Perrin's executive compensation practice for over 10 years.
Sara earned a Bachelor of Business Administration degree with distinction in Finance from the Edwin L. Cox School of Business at Southern Methodist University.
Last year, two articles in the Wall Street Journal and Harvard Business Review criticized the overall CEO pay model at U.S. companies. The authors of both articles, Robert Pozen and S. P. Kothari, link their criticisms to shortfalls in executive compensation governance (e.g., poor disclosure, misleading metrics, and selecting inappropriate peer groups) that have been allowed and/or encouraged by Board Compensation Committees. In this article, we address these critiques. Continue reading →
A new Equilar report featuring commentary from Pay Governance and Donnelley Financial Solutions analyzes the compensation discussion and analysis (CD&A) section of S&P 100 proxy statements over the last five years. With the average CD&A reaching nearly 10,000 words, the report revealed key strategies in how companies design and communicate pay practices by using alternative pay graphs, checklists and other visualizations that help draw investors to the most important information.
To be redirected to Equilar and download a copy of this important report, click here.
Matt Quarles has joined the firm as a Partner. In this role, Quarles is responsible for working with clients across industries on a wide range of executive compensation issues. He will be based in Los Angeles and has nearly 20 years experience in the executive compensation consulting industry.
Pay Energy®, a new proprietary assessment tool developed by Pay Governance
Pay Energy®, a new proprietary assessment tool developed by Pay Governance LLC, helps companies consider the “drive, discipline and speed” inherent in current programs and in alternative designs that may be evaluated.
“The fundamental philosophy of executive compensation is to ‘attract, retain and motivate’ a talented management team. So it’s concerning when you hear incentive awards are just put in desk drawers until plans mature,” said Pay Governance managing partner John England.