New and updated information on the laws and regulationsaffecting executive compensation Now in a thoroughly updated Fourth Edition, The CompensationCommittee Handbook provides a comprehensive review of thecomplex issues challenging compensation committees that facerevised executive compensation disclosure regulations issued by theSEC, as well as GAAP and IFRS rulings and trends. This new andupdated edition addresses a full range of functional issues facingcompensation committees, including organizing, planning, and bestpractices tips. Looks at the latest regulations impacting executivecompensation, including new regulations issued by the SEC, as wellas GAAP and IFRS rulings and trends Covers the selection and training of compensation committeemembers Explores how to make compensation committees a performancedriver for a company Guides documentation requirements and timing issues The Compensation Committee Handbook, Fourth Edition willhelp all compensation committee members and interestedprofessionals succeed in melding highly complex technicalinformation and concepts with both corporate governance principlesand sound business judgment.

The Compensation Committee Handbook is a practical, how-to reference for providing requisite knowledge of a compensation committee?s role and responsibilities, best practices and business strategies, and fundamental operational procedures, including self-assessment. Every aspect is covered here, including forming a compensation committee with associated responsibilities, selecting and training members, conducting effective meetings, keeping members abreast of current trends and events, and providing the best compensation programs given a company?s short- and long-term business strategies. All the essential information regarding finance, compensation, legal issues, and the recruitment and training of directors is conveniently brought together in this single, easy-to-use volume. Presented in four parts, the first section outlines the fundamental responsibilities of each compensation committee member, as well as the framework of accounting, tax, securities rules, and the basics of compensation programs. Section two covers five current issues: change-in-control agreements, option repricing, reload stock options, pooling of interests accounting, and new accounting rules. The third section examines strategies for positioning the compensation committee as a performance-enhancing tool. The final section is a comprehensive resource of rules and regulations, comparison charts to monitor progress, and resources to provide information and training to the committee. Be it a small company forming a compensation committee or a large company that needs the latest strategies to help its board of directors? discharge fiduciary responsibility to the stockholders, The Compensation Committee Handbook is indispensable to corporate directors and compensation committee members, corporate secretaries, general counsel, CEOs, CFOs, and human resources executives. Written in a practical style, this handbook provides comprehensive guidance to compensation committee members and their advisors on how to maximize the potential of the committee. It analyzes the latest trends in CEO compensation for small, mid- and large-sized businesses and helps compensation committees meld technical information with sound business judgement. "Jim Reda has written an excellent and a remarkably thorough handbook for compensation committees of boards of directors. It is certain to become a well-worn volume on the bookshelves not only of compensation committee members, but also of CEO's, board chairmen, CFO's and corporate secretaries. I highly recommend this book to the 4000 members of the American Society of Corporate Secretaries. It is an indispensable guide and resource for good corporate governance."--(David W. Smith, President American Society of Corporate Secretaries, Inc.) "Every board member is interested in how to be more efficient and effective in compensation decision-making. James Reda has impressive consulting and research credentials for enlightening directors on this matter. His new book presents both the fundamental concepts and practical strategies of 'best practices' compensation in a way that will boost the performance of any compensation committee."--(James Kristie, Editor Directors & Boards)

Compensation Committees are increasingly under external scrutiny with Say on Pay and the new threats of shareholder lawsuits related to Say on Pay. For new and incumbent Compensation Committee members, it is more important than ever that they get things "right". For many directors, service on the Compensation Committee may be somewhat foreign to them. While they might have interacted with the Committee occasionally as an executive, it is unlikely that Compensation was a primary area of their focus. In order to help Committee members learn from the experience of others, we have developed this guide to address key aspects of Compensation Committee service. The guide has been developed based on interviews with current and former Compensation Committee chairs at major U.S. public companies, as well as over 100 years of combined experience as consultants advising Compensation Committees on all aspects of executive and director compensation.The focus of this guide is not on the technical aspects of Executive Compensation design. Instead, our emphasis is on understanding how effective Compensation Committees structure their activities to effectively address their responsibilities. Not all effective Compensation Committees use the same process or approach, but there are key characteristics that they share. In each chapter, we will reference real experiences from our interviews and our experiences as advisors to illustrate what Committees need to do and need to avoid to get it "right".

Executive Compensation Best Practices demystifies the topic of executive compensation, with a hands-on guide providing comprehensive compensation guidance for all members of the board. Essential reading for board members, CEOs, and senior human resources leaders from companies of every size, this book is the most authoritative reference on executive compensation.

Build a more effective board with insight from the forefront of corporate governance The Handbook of Board Governance provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. Written by collaboration among subject matter experts, this book combines academic rigor and practitioner experience to provide thorough guidance and deep insight. From diversity, effectiveness, and responsibilities, to compensation, succession planning, and financial literacy, the topics are at once broad-ranging and highly relevant to current and aspiring directors. The coverage applies to governance at public companies, private and small or medium companies, state-owned enterprises, family owned organizations, and more, to ensure complete and clear guidance on a diverse range of issues. An all-star contributor list including Ram Charan, Bob Monks, Nell Minow, and Mark Nadler, among others, gives you the insight of thought leaders in the areas relevant to your organization. A well-functioning board is essential to an organization’s achievement. Whether the goal is furthering a mission or dominating a market, the board’s composition, strategy, and practices are a determining factor in the organization’s ultimate success. This guide provides the information essential to building a board that works. Delve into the board’s strategic role in value creation Gain useful insight into compensation, risk, accountability, legal obligations Understand the many competencies required of an effective director Get up to speed on blind spots, trendspotting, and social media in the board room The board is responsible for a vast and varied collection of duties, but the singular mission is to push the organization forward. Poor organization, one-sided composition, inefficient practices, and ineffective oversight detract from that mission, but all can be avoided. The Handbook of Board Governance provides practical guidance and expert insight relevant to board members across the spectrum.

The Perennial Favorite of HR Professionals Seeking the Most Current, Insightful Reference in the Field For over thirty-five years, human resources and management professionals have been turning to a single source for the most astute and up-to-date commentary about the state of the industry-The Compensation Handbook. Composed of one-hundred percent brand-new material from more than sixty authorities in the field, this fully updated edition provides direct insight into the most critical issues compensation and human resources professionals face today. Among the many human-capital topics covered are new reward strategies for attracting and retaining highly qualified employees from America's fast-draining talent pool; addressing the mass retirement of baby boomers-the decade's most vexing HR problem; and responding to the varying needs and desires of a multicultural, multi-generational workforce ranging from the over-sixty traditionalists to the new “Millennials.” The Compensation Handbook illustrates how employee compensation addresses these and many other critical topics, including: Unwrapping the riddle of employee pay Creating a total reward strategy Effectively using competency based pay Utilizing the most effective approaches to broadbanding Applying the best performance management practices Demystifying CEO pay Creating team-based incentives for strong outcomes Rationalizing board compensation Applying a solid program for addressing work-life issues Designing compensation systems that support talent management strategies Never before has such dramatic changes in the workforce occurred as rapidly as they are today. With economies stretching around the globe and the recent rise of foreign financial giants, among numerous other radical changes in business and industry, those in the field of human resources and compensation are faced with an entirely new catalog of concerns. This long-time industry staple contains all the methods, tools, and diagnostics you'll need to navigate the maze. Packed with the most comprehensive and insightful information you'll find anywhere, The Compensation Handbook offers not only straightforward answers to specific problems, but also provides a firm foundation for solving issues unique to your company.

NEW AND UPDATED INFORMATION ON THE LAWS AND REGULATIONS AFFECTING EXECUTIVE COMPENSATION Now in a thoroughly updated Third Edition, Compensation Committee Handbook provides a comprehensive review of the complex issues facing compensation committees in the wake of Sarbanes-Oxley. This new and updated edition addresses a full range of functional issues facing compensation committees, including organizing, planning, and best practices tips. As the responsibilities of the compensation committee continue to increase, the need for practical and comprehensive material has become even more imperative. Complete with compliance advice on the latest rules and regulations that have developed since the publication of the last edition, Compensation Committee Handbook, Third Edition provides the most up-to-date and reliable information on: * The latest regulations impacting executive compensation, including new regulations issued by the SEC, recently revised GAAP accounting rules, and the just-finalized IRS regulations impacting the taxation of stock options * The roles and responsibilities of the compensation committee, including best practice tips and techniques * Selecting and training compensation committee members * How to make compensation committees a performance driver for a company * Practical applications, including incentive compensation and equity-based compensation Compensation Committee Handbook, Third Edition will help all compensation committee members and interested professionals succeed in melding highly complex technical information and concepts with both corporate governance principles and sound business judgment.