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Principles and best practices of executive compensation that stand the test of time

Article Abstract:

Best compensation practices have been a ticklish issue over the years and several suggestions have been put forward to bring transparency into the process. Suggestions are put forward for constitution of compensation committees with independent directors, a pay philosophy, pay objective, peer group selection, benchmarking and performance measures and following a long term plan design. Supplemental retirement plans and perquisites, and even other non-qualified deferred compensation arrangements could be considered as well as a requirement that the executive should own a meaningful amount of stock.

Wisconsin

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Global equity plans: challenges and solutions

Article Abstract:

There are some risks associated with developing effective global stock ownership schemes. For this reason, it is vital to involve a firm's tax, human resources, payroll, accounting and legal departments, along with independent consultants.

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Variable pay across borders: the case of France

Article Abstract:

The use of variable pay strategies in France is discussed. The challenges associated with seeking to apply a variable pay policy on a global basis covering many countries are highlighted.

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