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 recaps new SEC-mandated requirements and recent enforcement activity; flags select areas of shareholder scrutiny; and notes the trending expansion of committee responsibilities to include human capital and the broader workforce.
The Appendix includes a sample calendar of committee meetings and responsibilities and a glossary of commonly used terms.