NACD Compensation Committee Chair Advisory Council Brief: The Compensation Committee’s New Role in Human Capital and DE&I
In brief: What should be the compensation committee’s responsibilities in overseeing the organization’s human capital management and diversity, equity, and inclusion (DE&I) initiatives at the board, management, and workforce levels? How should the scope of that responsibility be reflected in the committee’s charter and reporting? And how can the board compensate executives effectively and fairly in an environment that has challenged each of them like never before? This brief on an NACD Advisory Council meeting of Fortune 500 compensation committee chairs provides insight into these top-of-mind questions.
This resource can supply your board with valuable insights:
- Why now is the right time to tell the compensation story in a compelling way to your stakeholder audience
- How and why the SEC is likely to increase its disclosure requirements on human capital
- Why changing the name of the compensation committee to reflect human capital would more accurately represent the work performed by its members
Most relevant audiences: compensation committee members, the full board