There is no need to put incentive compensation arrangements in writing - unless of course they are expected to be worth something someday.
Compensation Program Risk Assessment
Cogent assists compensation committees with understanding, assessing, and managing the risks related to the compensation programs for which they are responsible.
- Cogent helps clients understand the disclosure requirements adopted in late 2009 by the Securities and Exchange Commission (SEC) that relate to compensation program risks
- Cogent works closely with clients and their counsel to assess and evaluate the compensation programs for executives and non-executives in order to determine whether there are risks inherent in those programs that are reasonably likely to have a material adverse effect on the company
- Cogent assists clients in understanding the results of the compensation program risk assessment and determining whether any action is necessary
- Cogent works with clients to develop and implement compensation program changes that address excessive risks and ensure appropriate levels of compensation-related risk for the company's specific business situation