An operating framework for HR leaders and business practitioners who work with boards of directors, covering the following topics: committees, independence, board roles, and compensation
Compensation components for board directors are comprehensive and have unique design
U.S. organizations, whether their business is tax-exempt, privately held, or publicly traded, will appoint a board of directors as an executive body to act on behalf of their stakeholders, such as investors, shareholders, or donors.
The research and compensation analytics in this paper present an operating framework for HR leaders and business practitioners who work with boards of directors, covering the following topics: committees, independence, board roles, and compensation.
Compensation components for board directors are comprehensive and have unique design, such as incremental retainers for specific roles and responsibilities or for meeting attendance fees.