Farient's "The Seven 'Deadly Sins' For Compensation Committee Agendas in 2019" addresses both "here and now" practical action items such as re-assessing the scope of existing clawback policies and Compensation Committee charters and associated agendas, as well as more strategic, long-term planning such as talent retention and downturn scenario preparations. Each of the following so-called "seven deadly sins" is accompanied by suggested action steps:
- Not re-evaluating your clawback policies
- Focusing only on your organizational design of today
- Thinking about director pay disclosure the same way
- Doing a perfunctory review of the compensation committee charter
- Ignoring the war for talent
- Disregarding the elephant in the room – the potential for a downturn
- Failing to understand economic value added (EVA)
|
Access additional information & resources on our Compensation Committees page. This post first appeared in last week's Society Alert!
|