Compensation Committees: New Challenges, New Solutions
OVERVIEW
Compensation Committees: New Challenges, New Solutions examines the root causes of compensation issues to help participants identify and address the concerns of shareholders and other parties.
With escalating criticism of top management compensation programs from the public, media, government and shareholders, compensation committees realize the need to perform their duties more effectively. This program will help compensation committee chairs and members rethink their own boards’ charters and rebuild their organizations’ compensation plans to link executive rewards to company goals.
Harvard Business School faculty develop and teach the program, drawing on their in-depth research, collective expertise, and personal experience with boards. The program is part of Harvard’s comprehensive corporate governance initiative to provide participants a new perspective on their obligations as stewards of public corporations.
PROGRAM OBJECTIVES
- Understand the concerns of shareholders, government, and the media regarding executive compensation
- Identify and address underlying causes of the concerns of outside parties
- Define the characteristics of a well-functioning compensation committee
- Recognize the challenges facing compensation committees
- Discover how to develop practices that link executive performance and company goals
- Evaluate participants' respective board compensation plans and committee charters
KEY TOPICS
- The role of compensation in motivating senior executives
- Developing compensation plans that are both motivational to executives and acceptable to shareholders
- The role of the compensation committee in approving performance targets and levels of compensation for the CEO and other senior managers
- Linking compensation plans to performance evaluation practices for the CEO and other top executives
- The compensation committee’s relationship with compensation consultants, the CEO, and the human resource officer
- Addressing new SEC requirements on compensation disclosure
FACULTY
- Jay W. Lorsch, Louis E. Kirstein Professor of Human Relations, Faculty Chair
- V.G. Narayanan, Professor of Business Administration in the Accounting and Management Unit
- Krishna G. Palepu, Ross Graham Walker Professor of Business Administration and Senior Associate Dean for International Development
PROGRAM FEE
$4,500
The fee covers tuition, books, case materials, accommodations, and most meals.
Admission is selective and based on professional achievement and organizational responsibility.
CONTACT INFORMATION
Mail:
Course Consultants
Executive Education Programs
Harvard Business School
Soldiers Field
Boston, MA 02163-9986
Telephone: 617-495-6555
Fax: 617-495-6999
E-mail: executive_education@hbs.edu
Website: www.exed.hbs.edu
