What Directors Should Know: Preparations for Compensation Decisions in 2014
Compensation has become a larger issue in the past three to five years, and the directors of public, private and not-for-profit companies have to spend more time and effort on these decisions. Although this can be viewed as a negative, it does give the directors an opportunity to re-evaluate the compensation decision process and systems within the Company and the Board to ensure compliance and efficiencies. Longnecker & Associates has provided the following key issues for the board of directors and the Compensation Committee members to consider going into the 2014.
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written by the NFP Compensation Consulting Team