A COMPENSATION COMMITTEE ACTION PLAN: Making informed business judgments about executive pay

Powers, Michael; Kalfen, Donald
July 2010
Directors & Boards;2010 Annual Report, Vol. 34 Issue 4, p56
Trade Publication
The article offers suggestions that can assist compensation committees in making informed business judgments on executive pay levels in the U.S. It states that committee members should have a comprehensive knowledge of the business plan which serves as the bedrock for the committee's actions. It notes that committee members must have performance metrics that align with the company's business plan. It mentions that committees should push management as the primary architect of compensation plans.


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