Among the tangible takeaways included in Pearl Meyer's "Five for the Future: Top Concerns for the Compensation Committee Agenda in 2021" are core considerations, alternative approaches, and suggested action items for compensation committees to responsibly address top-of-mind expectations and trends in the areas of the use of discretion, compensation-related disclosure, pay/strategy alignment, pay-for-performance goal setting, and organizational health.
The annual publication includes instructive, user-friendly "how to" tables such as this one on how to fulfill the expectations of key stakeholder groups for more transparency:
Among other things, the article also outlines key principles that should guide compensation committee decisions on the use of discretion, and a series of questions for the board and management that will facilitate their reevaluation of pay metrics and goals in view of significant business operational and workforce changes prompted by the pandemic – all within the context of a one-size-fits-one perspective based on each company’s unique facts and circumstances.
See our recent reports: “Compensation Agenda 2021” and “Compensation Disclosure” and additional information & resources on our Compensation Committees