Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses MAN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named MAN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jonas Prising | $1,300,000 | $0 | $10,893,619 | $0 | $967,909 | $0 | $106,937 | $13,268,466 |
| Chair and Chief Executive Officer | ||||||||
| John T. McGinnis | 808,000 | 0 | 3,142,370 | 0 | 441,400 | 0 | 81,625 | 4,473,395 |
| Executive Vice President | ||||||||
| Rebecca Frankiewicz | 750,000 | 0 | 2,094,953 | 0 | 539,200 | 0 | 48,098 | 3,432,252 |
| President | ||||||||
| Michelle Nettles | 650,000 | 0 | 1,675,973 | 0 | 315,400 | 0 | 55,174 | 2,696,547 |
| Executive Vice President | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Jonas Prising | $13,268,466 | $12,939,374 | $12,712,353 | +329,092 |
| John T. McGinnis | 4,473,395 | — | — | — |
| Rebecca Frankiewicz | 3,432,252 | — | — | — |
| Michelle Nettles | 2,696,547 | 2,304,981 | 2,090,344 | +391,566 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Michelle Nettles | PSU | 2025-02-14 | — | 17,379 | — | 34,758 | $1,035,962 |
| Michelle Nettles | RSU | 2025-02-14 | — | — | 11,586 | — | 640,011 |
| Jonas Prising | PSU | 2025-02-14 | — | 112,961 | — | 225,922 | 6,733,605 |
| Jonas Prising | RSU | 2025-02-14 | — | — | 75,308 | — | 4,160,014 |
| Rebecca Frankiewicz | PSU | 2025-02-14 | — | 21,724 | — | 43,448 | 1,294,968 |
| John T. McGinnis | RSU | 2025-02-14 | — | — | 21,723 | — | 1,199,979 |
| John T. McGinnis | PSU | 2025-02-14 | — | 32,585 | — | 65,170 | 1,942,392 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Michelle Nettles | $640,011 | $1,035,962 | $0 | 61.8% |
| Jonas Prising | 4,160,014 | 6,733,605 | 0 | 61.8% |
| Rebecca Frankiewicz | 0 | 1,294,968 | 0 | 100.0% |
| John T. McGinnis | 1,199,979 | 1,942,392 | 0 | 61.8% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jonas Prising | RSU | 52,865 | — | $1,571,676 |
| John T. McGinnis | RSU | 26,431 | — | 785,794 |
| Jonas Prising | PSU | 112,961 | — | 3,358,331 |
| Jonas Prising | PSU | 92,620 | — | 2,753,593 |
| John T. McGinnis | PSU | 32,585 | — | 968,752 |
| John T. McGinnis | RSU | 22,477 | — | 668,241 |
| John T. McGinnis | RSU | 18,430 | — | 547,924 |
| Michelle Nettles | PSU | 17,379 | — | 516,678 |
| John T. McGinnis | RSU | 15,250 | — | 453,383 |
| Jonas Prising | RSU | 63,891 | — | 1,899,479 |
| John T. McGinnis | RSU | 22,875 | — | 680,074 |
| Jonas Prising | RSU | 77,923 | — | 2,316,651 |
| Jonas Prising | RSU | 79,298 | — | 2,357,530 |
| John T. McGinnis | PSU | 26,717 | — | 794,296 |
| Michelle Nettles | PSU | 12,468 | — | 370,674 |
| Rebecca Frankiewicz | PSU | 17,060 | — | 507,194 |
| Michelle Nettles | RSU | 13,216 | — | 392,912 |
| Jonas Prising | RSU | 4,535 | — | 134,826 |
| Michelle Nettles | RSU | 11,988 | — | 356,403 |
| Rebecca Frankiewicz | RSU | 11,370 | — | 338,030 |
| Michelle Nettles | RSU | 9,531 | — | 283,357 |
| Michelle Nettles | RSU | 8,601 | — | 255,708 |
| Michelle Nettles | RSU | 6,354 | — | 188,904 |
| Rebecca Frankiewicz | RSU | 4,535 | — | 134,826 |
| Rebecca Frankiewicz | PSU | 21,724 | — | 645,855 |
| Rebecca Frankiewicz | RSU | 14,985 | — | 445,504 |
The Company's executive compensation framework is guided by a series of core philosophies and principles, as determined by the Committee. Core Philosophies and Principles: 1) Aligned to Stakeholders – Compensation programs align executives' interests with those of our stakeholders and appropriately balance risk and rewards. 2) Performance-Focused – The majority of pay for executives is at-risk and performance-based. 3) Market-Competitive – Compensation opportunities are anchored to the competitive market. 4) Transparent and Relevant – Compensation programs are clearly communicated and easy to understand. 5) Aligned to Our Values – Rewards should be fair and equitable among internal peers.
| CEO STI target (% of salary) | 150% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-08 | 33,747,251 | 1,685,166 | 24,599 | 95.24% | Passed |
| 2025 | 2025-05-02 | 38,749,415 | 1,278,327 | 299,465 | 96.81% | Passed |
| 2024 | 2024-05-03 | 40,724,708 | 2,707,966 | 159,125 | 93.77% | Passed |
| 2023 | 2023-05-05 | 38,310,350 | 7,845,110 | 138,836 | 83% | Passed |
| 2022 | 2022-05-06 | 45,176,299 | 2,866,987 | 27,599 | 94.03% | Passed |
| 2021 | 2021-05-07 | 46,030,169 | 1,558,192 | 30,017 | 96.73% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-08 | 95.24%a |
| 2025 | 2025-05-02 | 96.81%b |
| 2024 | 2024-05-03 | 93.77%c |
a. Approved under the standard stated in the filing — “The following table summarizes the votes required for passage of each proposal and the effect of abstentions and non-broker votes: Proposal Votes Required for Approval Abstentions Broker Non-Votes To elect ten individuals nominated by the Board of Directors of ManpowerGroup to serve until 2027 as directors Majority of votes cast No effect No effect To ratify the appointment of Deloitte & Touche LLP as our independent auditors for 2026 Majority of votes cast No effect No effect To hold an advisory vote on approval of the compensation of our named executive officers Majority of votes cast No effect No effect To approve the proposed amendment to the Company's Amended and Restated Articles of Incorporation to permit removal of directors with or without cause Two-thirds of the outstanding total shares of stock entitled to vote at the annual meeting The effect of a vote against proposal The effect of a vote against proposal To approve the amendment and restatement of the Equity Incentive Plan of ManpowerGroup Inc.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and, therefore, will have no impact on the approval of the proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and, therefore, will have no impact on the approval of the proposal.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 874 : 1 |
|---|---|
| CEO total compensation | $13,268,466 |
| Median employee compensation | $15,178 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Julie M. HowardIndependent · Lead Independent Director · People, Culture and Compensation (Chair) | — | $391,874 | $0 | — | $0 | $391,874 |
| John F. FerraroIndependent · Audit (Chair) | 150,000 | 203,063 | 0 | — | 0 | 353,063 |
| Michael J. Van HandelIndependent · Governance and Sustainability | 145,000 | 191,158 | 0 | — | 0 | 336,158 |
| William P. GipsonIndependent · People, Culture and Compensation | — | 323,104 | 0 | — | 0 | 323,104 |
| Ulice Payne, JrIndependent · Audit | 120,000 | 193,440 | 0 | 0 | 0 | 313,440 |
| Ulice Payne JrIndependent · Audit | 120,000 | 193,440 | 0 | — | 0 | 313,440 |
| Muriel PénicaudIndependent · People, Culture and Compensation | 120,000 | 191,158 | 0 | — | 0 | 311,158 |
| Jean-Philippe CourtoisIndependent · Audit | 120,000 | 191,158 | 0 | — | 0 | 311,158 |
| Paul ReadIndependent · Audit | 120,000 | 182,281 | 0 | — | 0 | 302,281 |
| Elizabeth P. SartainIndependent · People, Culture and Compensation | 120,000 | 180,000 | 0 | — | 0 | 300,000 |
| Patricia Hemingway HallIndependent · Audit · Governance and Sustainability · Departed during FY | 40,549 | 60,895 | 0 | — | 0 | 101,444 |
| Jonas PrisingEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $120,000 |
|---|---|
| Annual equity retainer | $180,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 25,000 / 25,000 |
| Stock ownership guideline | 5x annual cash retainer |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,055,549 |
| Equity awards (grant-date value) | $2,301,571 |
| All other compensation | $0 |
| Total cost of the board | $3,357,120 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies ManpowerGroup names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including ManpowerGroup.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | ManpowerGroup | 2025 | Jonas Prising | $1,300,000 | $10,893,619 | $0 | $967,909 | $13,268,466 |
| 2 | ASGN Incorporated | 2025 | Theodore Hanson | 1,100,000 | 7,787,118 | 0 | 1,566,066 | 10,475,672 |
| 3 | Robert Half Inc. | 2025 | M. Keith Waddell | 500,000 | 4,532,948 | 0 | 839,330 | 6,073,178 |
| 4 | Kforce Inc | 2025 | Joseph Liberatore | 925,000 | 3,217,504 | 0 | 1,029,063 | 5,415,821 |
| 5 | TrueBlue, Inc. | 2025 | Taryn Owen | 950,000 | 2,545,479 | 0 | 1,118,625 | 4,614,104 |
| — | Kelly Services, Inc | — | — | — | — | — | — | not in coverage universe |
| — | Robert Walters plc | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| ManpowerGroup | 46.5% | PSU 60 · RSU 40 | Yes — relative Total Shareholder Return (rTSR) | Mercer |
| ASGN Incorporated | not disclosed | PSU 60 · RSU 40 | No | Semler Brossy |
| Kelly Services, Inc | not disclosed | not disclosed | not disclosed | not disclosed |
| Kforce Inc | 89% | RSU 100 | Yes — Three-year TSR performance relative to Performance Peer Group | Pay Governance LLC |
| Robert Half Inc. | 59.1% | PSU 100 | No | Frederic W. Cook & Co., Inc. |
| Robert Walters plc | not disclosed | not disclosed | not disclosed | not disclosed |
| TrueBlue, Inc. | 79% | RSU 50 · PSU 50 | No | Mercer (US) LLC |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Jonas Prising | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Summary Compensation Table” · page 55. As printed: 13,268,466. Filing ↗machine: t214 · r4 · c28 · span 2695592–2695602 |
| 2 | Section 01, John T. McGinnis | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Summary Compensation Table” · page 55. As printed: 4,473,395. Filing ↗machine: t214 · r9 · c28 · span 2751642–2751651 |
| 3 | Section 01, Rebecca Frankiewicz | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Summary Compensation Table” · page 55. As printed: 3,432,252. Filing ↗machine: t214 · r7 · c28 · span 2731055–2731064 |
| 4 | Section 01, Michelle Nettles | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Summary Compensation Table” · page 55. As printed: 2,696,547. Filing ↗machine: t214 · r12 · c28 · span 2787095–2787104 |
| 5 | Section 03, Michelle Nettles PSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t314 · r11 · c8 · span 5801347–5801356 |
| 6 | Section 03, Michelle Nettles RSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t314 · r11 · c4 · span 5799685–5799692 |
| 7 | Section 03, Jonas Prising PSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t219 · r6 · c8 · span 2908251–2908258 |
| 8 | Section 03, Jonas Prising RSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t219 · r7 · c10 · span 2915179–2915185 |
| 9 | Section 03, Rebecca Frankiewicz PSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t219 · r9 · c8 · span 2926275–2926281 |
| 10 | Section 03, John T. McGinnis RSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t219 · r13 · c10 · span 2951284–2951290 |
| 11 | Section 03, John T. McGinnis PSU | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: t219 · r12 · c8 · span 2944358–2944364 |
| 12 | Section 07, pay ratio | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “CEO Pay Ratio”. As printed: 874 : 1. Filing ↗machine: span 4656452–4656457 |
| 13 | Section 08, Julie M. Howard | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 391,874. Filing ↗machine: t95 · r8 · c6 · span 1328801–1328808 |
| 14 | Section 08, John F. Ferraro | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 353,063. Filing ↗machine: t95 · r5 · c11 · span 1314279–1314286 |
| 15 | Section 08, Michael J. Van Handel | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 336,158. Filing ↗machine: t95 · r13 · c11 · span 1358288–1358295 |
| 16 | Section 08, William P. Gipson | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 323,104. Filing ↗machine: t95 · r6 · c6 · span 1317829–1317836 |
| 17 | Section 08, Ulice Payne, Jr | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 313,440. Filing ↗machine: t95 · r9 · c11 · span 1336022–1336029 |
| 18 | Section 08, Ulice Payne Jr | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 313,440. Filing ↗machine: t95 · r9 · c11 · span 1336022–1336029 |
| 19 | Section 08, Muriel Pénicaud | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 311,158. Filing ↗machine: t95 · r10 · c11 · span 1341591–1341598 |
| 20 | Section 08, Jean-Philippe Courtois | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 311,158. Filing ↗machine: t95 · r4 · c11 · span 1308715–1308722 |
| 21 | Section 08, Paul Read | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 302,281. Filing ↗machine: t95 · r11 · c11 · span 1347149–1347156 |
| 22 | Section 08, Elizabeth P. Sartain | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t95 · r12 · c11 · span 1352718–1352725 |
| 23 | Section 08, Patricia Hemingway Hall | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 101,444. Filing ↗machine: t95 · r7 · c11 · span 1325253–1325260 |
| 24 | Section 08, Jonas Prising | DEF 14A | 2026-03-23 | 0001193125-26-119922 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 25 | Section 06, 2026 vote | Form 8-K | 2026-05-08 | 0001193125-26-214945 | Item 5.07 · say-on-pay result. As reported: 95.24% (votes for as printed: 33,747,251). Filing ↗ |
| 26 | Section 06, 2025 vote | Form 8-K | 2025-05-02 | 0000950170-25-062812 | Item 5.07 · say-on-pay result. As reported: 96.81% (votes for as printed: 38,749,415). Filing ↗ |
| 27 | Section 06, 2024 vote | Form 8-K | 2024-05-03 | 0000950170-24-052940 | Item 5.07 · say-on-pay result. As reported: 93.77% (votes for as printed: 40,724,708). Filing ↗ |
| 28 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 29 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 30 | Section 09b board cost (computed) | Computed | — | computed | Cash 1,055,549 + equity 2,301,571 + all other 0 = 3,357,120, summed across the director compensation table rows.machine: formula: Σ = 3,357,120 |
| 31 | ManpowerGroup (subject), Section 10b CEO total | DEF 14A | 2026-03-23 | 0001193125-26-119922 | CEO total compensation as printed in ManpowerGroup's own proxy. As printed: 13,268,466. Filing ↗machine: t214 · r4 · c28 · span 2695592–2695602 |
| 32 | ASGN Incorporated, Section 10b CEO total | DEF 14A | 2026-04-27 | 0000890564-26-000031 | CEO total compensation as printed in ASGN Incorporated's own proxy. As printed: 10,475,672. Filing ↗machine: t64 · r2 · c7 · span 641233–641243 |
| 33 | Robert Half Inc., Section 10b CEO total | DEF 14A | 2026-04-10 | 0000315213-26-000010 | CEO total compensation as printed in Robert Half Inc.'s own proxy. As printed: 6,073,178. Filing ↗machine: r4 · c21 · span 645431–645440 |
| 34 | Kforce Inc, Section 10b CEO total | DEF 14A | 2026-03-13 | 0000930420-26-000013 | CEO total compensation as printed in Kforce Inc's own proxy. As printed: 5,415,821. Filing ↗machine: t67 · r2 · c17 · span 598740–598749 |
| 35 | TrueBlue, Inc., Section 10b CEO total | DEF 14A | 2026-04-14 | 0001999371-26-008266 | CEO total compensation as printed in TrueBlue, Inc.'s own proxy. As printed: 4,614,104. Filing ↗machine: t383 · r2 · c24 · span 1124603–1124612 |
| 36 | Section 10a, TrueBlue, Inc. reciprocity | DEF 14A | — | 0001999371-26-008266 | TrueBlue, Inc.'s most recent proxy was read; its disclosed peer group does not include ManpowerGroup. Filing ↗ |
| 37 | Section 10a, ASGN Incorporated reciprocity | DEF 14A | — | 0000890564-26-000031 | ASGN Incorporated names ManpowerGroup in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 38 | Section 10a, Kforce Inc reciprocity | DEF 14A | — | 0000930420-26-000013 | Kforce Inc names ManpowerGroup in its own disclosed peer group (read from its most recent proxy). Filing ↗ |