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The Business of Fashion - People and Politics (Part 1): Executive Compensation & Employee Benefits

(504 Ratings)

Produced on: January 13, 2015

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 64 minutes
Difficulty

The saying goes that there are six degrees of separation but, in fashion, there may only be three; and, in NY and CA, there is likely only one.  While competition for the consumer is fierce, competition for talent is, dare we say, pugnacious!  Finding the right mix of talent, vision and loyalty is difficult enough without having to worry about non-competition clauses, golden handcuffs and other restrictive covenants. Moreover, keeping the top talent connected to your brand and in-house needs the right mixture of money and creativity. 

 

In this course, viewers learn how to advantageously use non-competes and restrictive covenants as well as to identify best practices when an employee or executive leaves one company for another. In addition, viewers see how fashion brands are reinforcing non-solicitation and other provisions after termination of the employment relationship.  Lastly, attendees explore how to develop and administer an incentive plan that works for their organization. 

 

Join Rania V. Sedhom, Founding Member, Sedhom & Mayhew, PLLC, a Bespoke Law FirmTM and Marjorie M. Glover, chair of Chadbourne & Parke LLP's executive compensation and employee benefits practice group and a member of the Firm’s employment law department, as they discuss the practical effects and solutions of certain employee benefits and executive compensation practices.

 

Learning Objectives:

I.     Define executive compensation and employee benefits

II.    Understand Non-Solicitation

III.   Grasp Restrictive Covenants

IV.   Explore and comprehend Incentive Plans

Faculty

Rania V. Sedhom

Sedhom Law Group, PLLC

Rania V. Sedhom, Managing Partner of the firm, is an attorney who provides practical and efficient solutions to complex problems. Rania has extraordinary interpersonal skills that allow her to forge win-win relationships across diverse organizations and cross-functional stakeholders. She is also a skilled legal and business commentator with appearances on national print and TV media, including L.A. Times, the Chicago Tribune, the Baltimore Sun, Forbes, Inc., Business Week, and CNN Money. 

 Rania is admitted to the Bars of the State of New York and New Jersey, the Eastern District of New York, the Southern District of New York, the District of New Jersey and the Third Circuit. Rania attended Syracuse University College of Law, where she was Editor of The Labor Lawyer and The Digest and served as Vice-Justice of the Phi Alpha Delta Law Fraternity. Prior to law school, Rania attended Columbia University where she majored in political science.

Marjorie M. Glover

Norton Rose Fulbright

Marjorie Glover’s practice focuses exclusively in the areas of executive compensation and employee benefits law, corporate governance and risk oversight and employment law.

Ms. Glover advises on employee benefits and executive compensation issues in domestic and cross-border mergers, acquisitions, dispositions, public offerings, private placements, project financing and other financings.

Ms. Glover advises on all aspects of executive compensation, including employment, separation and consulting agreements, equity- and cash-based incentive plans, deferred compensation arrangements and issues under Internal Revenue Code Section 162(m) (executive pay cap limits), 280G (golden parachutes) and 409A (restrictions on non-qualified deferred compensation).

Ms. Glover advises regularly on all aspects of compliance with United States employee benefits laws, including, for example, compliance with ERISA and applicable securities, tax, labor and health insurance laws. She has extensive experience in the design, implementation, administration and termination of pension, cash balance, profit-sharing, 401(k) savings, employee stock ownership plans and welfare benefit plans. Ms. Glover represents companies in connection with Department of Labor and Internal Revenue Service filings, audits and investigations.

Ms. Glover has particular experience in health care law requirements for employers, including the Patient Protection and Affordable Care Act of 2010, Health Information Technology for Economic and Clinical Health of 2009, Genetic Information Nondiscrimination Act of 2008, Health Insurance and Portability Accountability Act of 1996, Consolidated Omnibus Budget Reconciliation Act of 1985 and other health care laws.

Ms. Glover advises investment funds and investment fund investors with respect to ERISA’s fiduciary requirements, including plan asset and prohibited transaction requirements and exemptions.

Ms. Glover advises companies, boards of directors and board committees on a wide range of corporate governance and risk oversight matters.

Ms. Glover also advises on all aspects of employment law, including, for example, laws related to wages and hours, payroll tax, non-discrimination, employee discipline, suspension and termination, substance abuse, privacy and leaves of absence.



Reviews

LB
Lori B.

Good information.

TD
Tom D.

Engaging presentation, useful ideas.

LR
Leslie R.

Instructors were very comfortable on camera and had a nice conversational manner.

SB
Susan B.

I like the way they interact with each other. They are very respectful and a true "team".

SB
Sandra B.

Best class!

RC
Richard C.

remarkable!

RD
Ryan D.

Thank you.

SB
Suzanne B.

Interesting and informative.

JB
Jean B.

I would like to see their presentation on employment law.

SD
Stephanie D.

great!

JC
Joseph C.

I thought Marjorie was very good

LB
Lisa B.

Excellent speakers - they did a great job. Super command of the material, and just entertaining to listen to!

DM
David M.

interesting area of t;he law

CD
Carole D.

Interesting field!

JP
Judith P.

Joint presentation was well done.

BH
Briana H.

I really liked that the program gave strategy considerations, which is more useful for practice application than just discussions of relevant case law.

AM
Andrew M.

Speakers were engaging and interesting to listen to.

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