Compensation Committees: New Challenges, New Solutions
Published on Wed, Oct 11, 2006 at 00:00 | Source : Moneycontrol.com
Updated at Fri, Oct 13, 2006 at 14:28
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Compensation Committees: New Challenges, New Solutions
Now, more than ever, the members of compensation committees are feeling an increased need to perform their duties more effectively, create compensation programs that are related to company performance, and motivate top managers.
Recently, there has been escalating criticism of top management compensation programs from the public, media, government, and shareholders. Now, more than ever, the members of compensation committees are feeling an increased need to perform their duties more effectively, create compensation programs that are related to company performance, and motivate top managers-all while meeting shareholder expectations about what is appropriate.
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