Among the tangible takeaways included in Pearl Meyer's "The Compensation Committee Agenda for 2019: Top Five Concerns" are suggested action items compensation committees may consider to effect their trending oversight responsibilities in the areas of Succession Planning and Talent Development, Corporate Culture and Employee Engagement, and management and workforce Diversity & Inclusion.
The annual publication also: (i) outlines key questions and considerations regarding the use of non-financial performance metrics and relative TSR; (ii) reveals significant director pay trends; and (iii) suggests a series of thoughtful questions for the committee to consider in conjunction with potential (discretionary) incentive plan pay adjustments.
Note that according to the Society/Deloitte Board Practices Report, Human Capital & Talent risks are most commonly allocated to the Compensation (or similar) Committee; however, Corporate Culture risks are most commonly allocated to the full Board. (Q #12) Workforce matters, including, e.g., D&I, are on full board meeting agendas annually for 35% of respondents, and more frequently for another nearly 20% of respondents. (Q#14)
Access additional information & resources on our Compensation Committees page. This post first appeared in the weekly Society Alert!