Effective communication to executives about the design and rationale of their own pay programs is a growing priority among Boards and their management teams. It’s imperative to establish a clear link between business goals and what’s required of executives to drive those results for the company and how their actions will impact their compensation. The first report in Pearl Meyer's compensation communication survey series provides insight into the communication approaches companies use to provide pay information to their executives.
The survey results addresses a range of topics including:
- Quality and effectiveness of executive pay communication
- Perceived understanding of executive pay programs
- Practices for creating and delivering messages about executive pay
- Key roles and responsibilities for developing executive pay communication strategies and content
The survey was conducted online between April 28 and June 8, 2014. The 212 participants included 162 executives and/or human resources professionals and 50 outside Directors.