5 Tricky Things About Working With Compensation Committees

Working with the compensation committee? Wear something Kevlar.

Boards have compensation committees – comprised of independent directors – whose principal task is to set the CEO’s pay. This pay is disclosed in excruciating detail in the proxy statement – for all the world to see. So the results of a compensation committee’s work are open for scrutiny.

Here are 5 things you need to know about working with compensation committees:

• The bane of your existence
• Need to work well with HR
• Don’t get too invested
• Bring in other experts
• Watch out for turf wars

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