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  • Managing an Effective Compensation Committee Calendar for Community Banks

Managing an Effective Compensation Committee Calendar for Community Banks

Article
July 2014

In this article, Pearl Meyer reviews how to create an effective 12-month Compensation Committee agenda that balances tactical, calendar-sensitive duties with initiatives that add long-term strategic value to a community bank’s business.  An effective Compensation Committee calendar ensures that your Committee addresses its compliance-related requirements, while reserving enough time to consider the strategic implications of compensation design decisions.  The scope and scale of responsibilities varies among banks of different sizes.  Pearl Meyer explores those differences and provides recommendations for additional agenda items for three types of institutions; community banks (small and large) and regional/superregional banks.

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