Make sure you appear in meetings frequently with those who make your compensation decisions.
Also, in upper management and law firm partnerships, HR does not make compensation decisions.
The public, it seems, also has no right to know the performance criteria upon which these compensation decisions are based.
We believe in granting deference to the board and that the directors are the ones with the most information to make compensation decisions.
Critics of executive compensation should be content with corporate compensation decisions if they're made by an effectively functioning, fully informed, truly independent and completely transparent compensation committee.
In that scenario, the plaintiffs could argue that Wal-Mart must clarify how it makes compensation and promotion decisions.
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Companies need to be very thoughtful when making decisions around compensation for their employees.
In fact, the comfort of conforming to industry practices can result in sub-optimal decisions in compensation design.
Varicent analyzes sales data and helps companies make decisions regarding compensation and sales and helps align the compensation structure strategically to the sales function.
That way, the client can effectively manage its equity spend during the heavy phases of growth and recruiting, and avoid the issues associated with ad-hoc decisions on compensation.
But I do not attend the meeting at which final decisions about my compensation are reached.
Under the agreement, Citigroup does not have to replace chief executive Vikram Pandit and other top managers, but the government will be able to make decisions on their compensation.
This shows that there is some rigor to the decisions made by Disney's compensation committee.
Transparency and accountability are critical walls of a governance foundation that not only supports sound pay decisions but also adds structural integrity to the process of discussing compensation with stakeholders.
The point is that the compensation committee chair must be aware of these issues in order to ensure good decisions.
Robin A. Ferracone is CEO of Farient Advisors, LLC, an independent executive compensation and performance advisory firm which helps clients make performance-enhancing, defensible decisions that are in the best interests of their shareholders.
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Robin A. Ferracone is the Executive Chair of Farient Advisors, LLC, an independent executive compensation and performance advisory firm which helps clients make performance-enhancing, defensible decisions that are in the best interests of their shareholders.
Robin A. Ferracone is the Chief Executive Officer of Farient Advisors, LLC, an independent executive compensation and performance advisory firm which helps clients make performance-enhancing, defensible decisions that are in the best interests of their shareholders.
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Jobs was a certifiable game-changer in the way that Bird, Johnson and Carroll certainly were, and his achievements will inform the hiring and pay decisions of professional team GMs and college athletic directors as they consider compensation for persons hired.
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So the U.S. government is now making strategic decisions at formerly blue chip companies and getting involved in things like executive compensation.
Council lawyers said that if the decisions were challenged and the committee could not show valid planning reasons it could face compensation claims.
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