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The Compensation Committee Handbook
Book

The Compensation Committee Handbook

Wiley, 2007
First Edition: 2001 más...


Editorial Rating

7

Qualities

  • Analytical
  • Scientific
  • Applicable

Recommendation

Anyone involved in compensation issues will want to keep this handbook nearby. The author wrote it mainly for directors who serve on the compensation committees of publicly traded firms. But the book raises issues and advocates practices that many company managers should consider. Though much of the book is quite technical, this basic survey of compensation issues is appropriate for a broad professional audience. getAbstract recommends it as a good first step toward more equitable and effective pay practices.

Take-Aways

  • An effective compensation committee consists of competent independent members who stay informed of laws, regulations and company matters relevant to compensation.
  • Director independence means more than not being an employee of the company.
  • Ensuring smooth CEO succession is one of the compensation committee’s duties.

About the Authors

James F. Reda has more than 15 years of experience in consulting on compensation issues and is president of his own firm. Stewart Reifler is an expert in negotiating and structuring all issues around executive employment. Laura G. Thatcher is head of the executive compensation practice at Alston & Bird.


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