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Compensation Committees: Renamed & Redefined

By Randi Morrison posted 09-21-2018 12:01 AM

  

Semler Brossy reports that one-third of DJIA (Dow Jones Industrial Average) 30 companies have a board compensation committee with broader responsibilities, e.g., leadership development and/or other HR areas - many of which signal their breadth in their name, such as:

  • Compensation & Benefits Committee
  • Compensation & Human Resources Committee
  • Leadership Development & Compensation Committee
  • Compensation & Management Development Committee
  • Executive Compensation & Management Resources Committee
  • Human Resources Committee

The timely article, which suggests four focus areas for compensation committees tasked with broader HR oversight responsibilities, also identifies several companies whose committee charters reflect a more expansive committee remit including these from Caterpillar, GE, JPMorgan Chase, Mastercard, Orbital, and Wells Fargo.

          Access additional resources on our Compensation Committees page.  This post first appeared in this week's Society Alert!

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