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In fact, the comfort of conforming to industry practices can result in sub-optimal decisions in compensation design.
FORBES: When Familiarity Breeds Complacency: Factors to Consider When Selecting a Compensation Consultant
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Allowing a disappointed vaccine claimant who lost in Vaccine Court to then seek compensation for design defects via civil tort litigation would exacerbate, not ameliorate, the costly burden of litigation that initially prompted Congress to pass the Vaccine Act, WLF argued.
FORBES: High Court Upholds Federal Preemption of Design Defect Claims Against Vaccine Makers
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These questions ranged from compensation strategy and design to the nuts and bolts of good governance processes.
FORBES: Executive Compensation: Before and After the IPO
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The new rules should not, however, deter companies from trying harder to design compensation schemes that more closely align actual pay with actual performance.
ECONOMIST: The link between pay and performance is weak
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Instead, experience in the strategic aspects of compensation, including performance measurement, peer group selection, and methods of aligning pay and performance in incentive design, have become much more important in providing sound compensation advice.
FORBES: When Familiarity Breeds Complacency: Factors to Consider When Selecting a Compensation Consultant
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The Compensation Committee has an enormously important role in shaping the design of incentives to ensure shareholders get the performance they are looking for.
FORBES: New Year Resolutions for Compensation Committees - 2011
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The design of the new London Gateway port includes 'compensation sites' for wildlife forced to move.
BBC: Jobs or birds: Turning Rio rhetoric into reality