Skadden's updated edition of its instructive "Compensation Committee Handbook" provides information for listed company compensation committees and their advisors about core committee duties and responsibilities - including instructive primers on the use of outside advisors, equity compensation, employment agreements and executive benefit plans, IRC §162(m) and other relevant tax provisions, Section 16, committee composition requirements, and director compensation - and practical guidance on how to best discharge them. A chapter on executive compensation trends and developments flags compensation amidst uncertainty, litigation trends, SEC enforcement activity, and areas of shareholder scrutiny, including perks, pay equity and other human capital management issues, ESG metrics, and expanding committee remits.
The Appendix includes a sample calendar of committee meetings and responsibilities and a glossary of commonly used terms.
Access additional resources on our Compensation Committees page.
This post first appeared in the weekly Society Alert!