Compensation Committees

Compensation Committees are groups within a company, typically made up of board members, responsible for determining the pay and benefits of top executives. They ensure that compensation packages are fair, competitive, and aligned with the company’s performance and goals. By evaluating factors like market conditions and company performance, these committees aim to set salaries, bonuses, and stock options that attract and retain talented leaders while considering shareholder interests. Their decisions help promote accountability and align executive incentives with the long-term success of the organization.