Magazine : Archives : 4th Quarter 2013
Five Questions That Directors Should Ask About Compensation
All eyes are focused on executive pay—the media, shareholders and regulators want to scrutinize the decisions of bank boards and compensation committees. That makes the job of the compensation committee difficult. It doesn’t help that the field of human resources is filled with so much industry jargon, and that deciphering terms and concepts muddles the heavy work of putting together a compensation package. The following questions seek to explore some of the terms and trends compensation committees should know. What forms of pay are growing in popularity? Banks are moving to pay more of overall compensation with performance-based incentives rather...
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