Pay transparency is going mainstream, with legislation either already in place or soon to be introduced across the United States, Europe, and beyond. This trend brings with it far-reaching implications for companies in terms of the openness required on their employee compensation practices.

With that in mind, pay transparency specialist Nancy Romanyshyn, Senior Director, Total Rewards Strategy and Solutions with Seattle-based analytics software company Syndio, joins hosts and J.P. Morgan Workplace Solutions’ own Chris Dohrmann, Executive Director, Strategic Partnerships and Lauren Jenkins, VP, Head of Executive Participant Servicing, for a deep dive on where we are now, where we’re likely to go from here and how companies need to respond.

Among the topics addressed are:

· Pay transparency - it’s about more than posting salary ranges when advertising open positions

· Recognizing and embracing these new and continually evolving requirements

· How transparency is changing the design of pay programs

· How company size can impact on disclosure requirements

· The implications for employee equity compensation

· Operating in multiple US states and/or countries where different standards may apply

· Current rules in the US vs EU

Financial reporting requirements arising from employee equity compensation can be both demanding and time-consuming for companies, particularly for large concerns operating in multiple jurisdictions and likely facing different rules, regulations, and filing deadlines.

Sharing her experience and that of her company in staying on top of reporting as a large international business, Lily Anne Nueva Espana, Director of Global Accounting with Coupang, a South Korea-based e-commerce company with an international presence, joins hosts and J.P. Morgan Workplace Solutions’ own Chris Dohrmann, Executive Director of Strategic Partnerships, and Lauren Jenkins, VP, Head of Executive Participant Servicing, for a wide-ranging conversation, focusing on several related issues, including:

· Adhering to dual accounting standards

· How reporting obligations change as a company goes from private to public

· Disclosures related to roll forward of shares

· Tracking garden leave, leave of absence and their impact on vesting awards

· Her three essentials for adding relevant data to the online system

· The importance of effective communication with stakeholders

What is financial wellness and how does it relate to equity compensation?

A common challenge facing companies launching an equity compensation plan is employees lacking sufficient financial knowledge to fully understand what is being proposed. So, when an organization such as Stanford sets up a program to offer Financial Education to students, it should be recognized.

In the latest episode of Own Up Chris Dohrmann and John Bagdonas are joined by special guest, Manager of the Mind Over Money Financial Wellness Program at Stanford University, Danial Khan, to tackle one of the most important financial skills you need to learn; how to ensure your own financial wellness.