As part of the NACD’s collection of insights and practical guidance from leading boardroom experts, Pearl Meyer Managing Director Jan Koors contributed a chapter titled "Compensation: Back to Basics." She argues that despite the crowded agenda facing Compensation Committees in the months ahead, members also need to take a step back to ask three fundamental questions about executive pay programs:
- How does your company define pay-for-performance?
- How are you rewarding and retaining your stars?
- When was the last time you really looked at your compensation philosophy and structure?