Compensation Resources (CR) has a wide range of expertise in assisting the board of directors and their compensation committees. We also provide support with the development of effective programs focused on director’s pay, retainers, and equity compensation.
Board of director compensation has evolved over the years; however, the last few years have seen some of the most dramatic changes in how companies compensate their boards. The most significant changes have come about as the focus has shifted to excesses in executive compensation and the board’s responsibility for controlling officers’ compensation when it is not justified by superior performance. The recent legislation and emphasis on board accountability has resulted in pressure on board members, and correspondingly has resulted in significant changes to board compensation.
As a result of Sarbanes-Oxley legislation, SEC proxy disclosure rules, investor and shareholder concerns, and intermediate sanctions (NFPs), many boards, committees and management personnel are searching for the right solutions for their compensation needs. Today’s shareholders are demanding a stronger correlation between performance and pay, and are demanding that compensation be tied to increased shareholder value. These are the key tenets to our approach to handling executive compensation and board remuneration.
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