Executive pay is the subject of periodic waves of public pressure on Corporate Directors to “reform” practices to address broad economic and governance issues – issues that really go beyond any individual company program.
A newly released report from WomenCorporateDirectors’ new Thought Leadership Council, “Going Beyond Best Practices: The Role of the Board in Effectively Motivating and Rewarding Executives” is intended to move the discussion beyond the theoretical and provide practical, actionable recommendations for Directors. Chaired by Pearl Meyer & Partners, this detailed report explains why and how the most effective and responsive executive pay programs are directly tied to a company’s specific business, human capital and cultural objectives.
In this video, Pearl Meyer Managing Directors Jannice Koors and Melissa Means join other Thought Leadership Council members in explaining why the report breaks new ground in advocating an approach to responsible, responsive and effective performance-based pay programs.
