CCH Online Store

Board Perspectives: Building Value Through Compensation

Executive compensation can dramatically enhance stockholder value through effective incentives and rewards. It is also one of the most controversial subjects in corporate America.

This title from the CCH Board Perspectives Series, Building Value Through Compensation, spells out in plain language the complexities of designing executive compensation packages. Written by Paul Hodgson, one of the foremost commentators in the field, the book helps practitioners make key executive compensation decisions within the current legal, statutory and stakeholder environment.

Designed for board and compensation committee members, the book helps navigate directors through the extensive array of duties and responsibilities that are now theirs. Beginning with an assessment of the big picture, the book traces the history of executive compensation to learn how we arrived where we are today. The text also examines:

  • The role and duties of board and compensation committee members
  • The choice of compensation and performance peer groups
  • How to set base salary
  • The executive benefit package
  • The development and design of long-term incentives
  • Annual bonus plans
  • Employment and other agreements
  • Compensation communication
  • Director compensation Each chapter presents alternatives for all elements of compensation, along with the reasoning behind each of them and what each one aims to achieve.

    Table of Contents
    1. Introduction
    2. Compensation Committee Members: Duties and Responsibilities
    3. Choose Peers With Care
    4. Base Salary: The Lure of the Median
    5. Executive Benefits
    6. Driving Performance Over the Long Term
    7. Annual incentives: Driving Performance in the Short Term
    8. Employment and Severerence Agreements: The Beginning and the End
    9. Selling Compensation
    10. Director Compensation