Gwen Renigar, chair of Steptoe & Johnson LLP. Courtesy photo Steptoe's Move to Cut Pay of 10 Associates Based on 'Fairness and Flexibility' Policy
"There is a choice in terms of what performance they want to give as we build a high-performance culture with high expectations," said Steptoe's Gwen Renigar. "I'm not hiding from that."
June 30, 2022 at 02:02 PM
5 minute read
Steptoe & Johnson in recent months has revamped its associate compensation system, clawing back some associate salaries while paying more to others. The move has attracted criticism and notice by some observers, but Steptoe's leadership insists the changes are based on equity and "fairness" across the associate ranks.
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