January 14, 2019
Comp Committees: 7 Deadly Sins
– Liz Dunshee
Farient Advisors offers these “7 Deadly Sins” for comp committees to avoid in 2019 (in other words, make sure these items are on your meeting agendas):
1. Not re-evaluating your clawback policies
2. Not having a pay structure that will adapt to disruptive business changes
3. Thinking about director pay disclosure the same way
4. Doing a perfunctory review of the compensation committee charter
5. Ignoring the war for talent
6. Disregarding the elephant in the room – the potential for a downturn
7. Failing to understand economic value added (EVA)