Five Questions That Directors Should Ask About Compensation
Naomi Snyder, editor-in-chief at Bank Director
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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Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan. You can contact Naomi at [email protected].