{"product_id":"the-compensation-committee-handbook-isbn-9781118370612","title":"The Compensation Committee Handbook","description":"\u003cb\u003eNew and updated information on the laws and regulations affecting executive compensation\u003c\/b\u003e  \u003cp\u003eNow in a thoroughly updated Fourth Edition, \u003ci\u003eThe Compensation Committee Handbook\u003c\/i\u003e provides a comprehensive review of the complex issues challenging compensation committees that face revised executive compensation disclosure regulations issued by the SEC, as well as GAAP and IFRS rulings and trends. This new and updated edition addresses a full range of functional issues facing compensation committees, including organizing, planning, and best practices tips.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eLooks at the latest regulations impacting executive compensation, including new regulations issued by the SEC, as well as GAAP and IFRS rulings and trends\u003c\/li\u003e \u003cli\u003eCovers the selection and training of compensation committee members\u003c\/li\u003e \u003cli\u003eExplores how to make compensation committees a performance driver for a company\u003c\/li\u003e \u003cli\u003eGuides documentation requirements and timing issues\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Compensation Committee Handbook, Fourth\u003c\/i\u003e Edition will help all compensation committee members and interested professionals succeed in melding highly complex technical information and concepts with both corporate governance principles and sound business judgment.\u003c\/p\u003e \u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003eAbout the Authors xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART One \u003c\/b\u003e\u003cb\u003eTHE MODERN COMPENSATION COMMITTEE 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 \u003c\/b\u003e\u003cb\u003eThe Compensation Committee 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBoard Structure: The Focus on Independence 4\u003c\/p\u003e \u003cp\u003eCompensation Committee Composition and Multiple Independence Requirements 5\u003c\/p\u003e \u003cp\u003eCompensation Committee Size 10\u003c\/p\u003e \u003cp\u003eCompensation Committee Charter 11\u003c\/p\u003e \u003cp\u003eRole of the Compensation Committee 13\u003c\/p\u003e \u003cp\u003eRole of the Compensation Committee Chair 14\u003c\/p\u003e \u003cp\u003eDuties and Responsibilities of the Compensation Committee 14\u003c\/p\u003e \u003cp\u003eCompensation Benchmarking 26\u003c\/p\u003e \u003cp\u003eThe Importance of Compensation Committee Meeting Minutes 29\u003c\/p\u003e \u003cp\u003eCall to Action 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 \u003c\/b\u003e\u003cb\u003eSelecting and Training Compensation Committee Members 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Role of the Nominating Committee 33\u003c\/p\u003e \u003cp\u003eNomination and Selection of New Compensation Committee Members 34\u003c\/p\u003e \u003cp\u003eTime Commitment 39\u003c\/p\u003e \u003cp\u003eDiversity 40\u003c\/p\u003e \u003cp\u003eAttracting Candidates 41\u003c\/p\u003e \u003cp\u003eConducting the Search 41\u003c\/p\u003e \u003cp\u003eHow to Approach Candidates 43\u003c\/p\u003e \u003cp\u003eCEO Involvement in the Selection Process 43\u003c\/p\u003e \u003cp\u003eMaking the Final Selection 44\u003c\/p\u003e \u003cp\u003eHow to Say No 47\u003c\/p\u003e \u003cp\u003eWhat if the New Director Does Not Work Out? 47\u003c\/p\u003e \u003cp\u003eBenefits of an Educated Board 48\u003c\/p\u003e \u003cp\u003eOrientation of New Members 49\u003c\/p\u003e \u003cp\u003eOngoing Training 51\u003c\/p\u003e \u003cp\u003eOutside Experts and Advisors 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 \u003c\/b\u003e\u003cb\u003eCEO Succession and Evaluation 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Relationship Between Pay and Succession Planning 61\u003c\/p\u003e \u003cp\u003eThe Advantages of Effective Succession Planning 65\u003c\/p\u003e \u003cp\u003eThe Succession Planning Process 67\u003c\/p\u003e \u003cp\u003eCEO Evaluation 73\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 \u003c\/b\u003e\u003cb\u003eDirector Compensation 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview 97\u003c\/p\u003e \u003cp\u003eElements of Director Compensation 99\u003c\/p\u003e \u003cp\u003eDisclosure 103\u003c\/p\u003e \u003cp\u003eTrends in Director Compensation 106\u003c\/p\u003e \u003cp\u003eConducting a Director Compensation Study 109\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART Two \u003c\/b\u003e\u003cb\u003eLEGAL AND REGULATORY FRAMEWORK 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 \u003c\/b\u003e\u003cb\u003eCorporate Governance 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFiduciary Duties of Directors 117\u003c\/p\u003e \u003cp\u003ePractical Applications of Fiduciary Duty Rules 126\u003c\/p\u003e \u003cp\u003eStock Exchange Corporate Governance Rules 131\u003c\/p\u003e \u003cp\u003eExternal Compensation Policies and Guidelines 131\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 \u003c\/b\u003e\u003cb\u003eDisclosure of Executive and Director Compensation 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBackground 143\u003c\/p\u003e \u003cp\u003eCompensation Discussion and Analysis 144\u003c\/p\u003e \u003cp\u003eThe Tabular Disclosures 146\u003c\/p\u003e \u003cp\u003eOption Grant Practices 154\u003c\/p\u003e \u003cp\u003eDirector Compensation 155\u003c\/p\u003e \u003cp\u003eDisclosure of Material Compensation Risk 155\u003c\/p\u003e \u003cp\u003eCompensation Disclosure Requirements for Smaller Reporting Companies 157\u003c\/p\u003e \u003cp\u003eGolden Parachute Compensation 158\u003c\/p\u003e \u003cp\u003ePending Dodd-Frank Disclosure Requirements 160\u003c\/p\u003e \u003cp\u003eBeneficial Ownership Reporting 162\u003c\/p\u003e \u003cp\u003eDisclosure of Related Person Transactions 162\u003c\/p\u003e \u003cp\u003eDirector Independence and Governance Disclosure 163\u003c\/p\u003e \u003cp\u003eDisclosure of Equity Compensation Plans 165\u003c\/p\u003e \u003cp\u003ePlan Filing Requirements 167\u003c\/p\u003e \u003cp\u003eForm 8-K 168\u003c\/p\u003e \u003cp\u003eSelected Provisions of Regulation S-K 168\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 \u003c\/b\u003e\u003cb\u003eOther Securities Issues 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSelected Dodd-Frank Provisions Relating to Executive Compensation 171\u003c\/p\u003e \u003cp\u003eSpecial Rules Regarding Stock Transactions 175\u003c\/p\u003e \u003cp\u003eNYSE\/NASDAQ Rules: Approval of Equity Compensation Plans 189\u003c\/p\u003e \u003cp\u003eSelected Sarbanes-Oxley Provisions Relating to Executive Compensation 193\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 \u003c\/b\u003e\u003cb\u003eTax Rules and Issues 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview 199\u003c\/p\u003e \u003cp\u003eOrganizations Responsible for Federal Tax 200\u003c\/p\u003e \u003cp\u003eMajor U.S. Tax Law and Issues 201\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 \u003c\/b\u003e\u003cb\u003eAccounting Rules and Issues 255\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview 255\u003c\/p\u003e \u003cp\u003eOrganizations Responsible for Accounting Standards (Past and Present) 256\u003c\/p\u003e \u003cp\u003eNew Equity-Based Compensation Accounting Rules 261\u003c\/p\u003e \u003cp\u003ePrevious Equity-Based Compensation Accounting Rules Under U.S. GAAP 280\u003c\/p\u003e \u003cp\u003eOther Current and Past Accounting Standards 283\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 \u003c\/b\u003e\u003cb\u003eERISA and Labor Law, Rules, and Issues 305\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eERISA Law and Regulations 305\u003c\/p\u003e \u003cp\u003eLabor Laws and Regulations 309\u003c\/p\u003e \u003cp\u003eADEA Law 310\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART Three \u003c\/b\u003e\u003cb\u003ePRACTICAL APPLICATIONS 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 \u003c\/b\u003e\u003cb\u003eExecutive Employment, Severance, and Change-in-Control Arrangements 317\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBackground 317\u003c\/p\u003e \u003cp\u003eAt-Will Employment Arrangements 318\u003c\/p\u003e \u003cp\u003eContractual Employment Arrangements 319\u003c\/p\u003e \u003cp\u003eFundamental Elements of a Written Employment Arrangement 320\u003c\/p\u003e \u003cp\u003eProcess 322\u003c\/p\u003e \u003cp\u003eTypes of Employment Arrangements 323\u003c\/p\u003e \u003cp\u003eTerms and Conditions Contained in Employment Arrangements 325\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 \u003c\/b\u003e\u003cb\u003eIncentive Compensation 349\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUseful Definitions and Abbreviations 349\u003c\/p\u003e \u003cp\u003eCash versus Equity 352\u003c\/p\u003e \u003cp\u003eTypical Plan Features and Designs 353\u003c\/p\u003e \u003cp\u003eShareholder Approval Requirements 364\u003c\/p\u003e \u003cp\u003eRetention-Only Plans 364\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 13 \u003c\/b\u003e\u003cb\u003eEquity-Based Compensation 367\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEquity-Based Incentive Awards 367\u003c\/p\u003e \u003cp\u003eStock Ownership and Retention Guidelines 384\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 14 \u003c\/b\u003e\u003cb\u003eExecutive Pension-Benefit, Welfare-Benefit, and Perquisite Programs 387\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eList of Programs 388\u003c\/p\u003e \u003cp\u003ePension-Benefit Arrangements 388\u003c\/p\u003e \u003cp\u003eWelfare-Benefit Arrangements 397\u003c\/p\u003e \u003cp\u003ePerquisites 400\u003c\/p\u003e \u003cp\u003eAPPENDIX A Selected SEC Rules, Regulations, Schedules, and Forms 405\u003c\/p\u003e \u003cp\u003eAPPENDIX B List of Organizations and Periodicals 511\u003c\/p\u003e \u003cp\u003eAPPENDIX C List of Director’s Colleges and Other Training Opportunities 519\u003c\/p\u003e \u003cp\u003eAPPENDIX D Sample Compensation Committee Charters 527\u003c\/p\u003e \u003cp\u003eAPPENDIX E Sample Compensation Discussion and Analysis (CD\u0026amp;A) 547\u003c\/p\u003e \u003cp\u003eGlossary 633\u003c\/p\u003e \u003cp\u003eBibliography 685\u003c\/p\u003e \u003cp\u003eIndex 699\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eJAMES F. REDA\u003c\/b\u003e is Managing Director, Executive Compensation Consulting, Arthur J. Gallagher \u0026amp; Co., Human Resources Consulting Practice. Mr. Reda has served for more than 27 years as advisor to the top management and boards of major corporations in the United States and abroad in matters of executive compensation, performance, organization, and corporate governance.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSTEWART REIFLER\u003c\/b\u003e is the head of the executive compensation practice at the New York office of Vedder Price, P.C. Mr. Reifler has over 25 years of experience negotiating and structuring executive compensation arrangements on behalf of executives, board compensation committees, and companies.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eMICHAEL L. STEVENS\u003c\/b\u003e is a partner in the executive compensation practice at Alston \u0026amp; Bird, LLP. Mr. Stevens has over 20 years of experience advising clients with respect to securities, corporate governance, and tax issues relating to stock plans, incentive compensation arrangements, executive employment agreements, and deferred compensation.   \u003c\/p\u003e\u003cp\u003eJust when executive compensation was starting to settle down after the Sarbanes-Oxley Act, another upheaval has forced committee members to adapt yet again. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act had a significant impact on executive compensation and reporting. This \u003ci\u003eFourth Edition\u003c\/i\u003e of \u003ci\u003eThe\u003c\/i\u003e \u003ci\u003eCompensation Committee Handbook\u003c\/i\u003e includes vital information that compensation committees need to stay current with Dodd-Frank and other new accountability requirements.  \u003c\/p\u003e\u003cp\u003eIn addition to legal compliance, compensation committee members need to address a growing range of functional issues such as organizing, planning, evaluating executive performance, negotiating change-in-control arrangements, and beyond. The rapid changes in the role of the compensation committee can leave organizations reeling. \u003ci\u003eThe Compensation Committee Handbook\u003c\/i\u003e defines the latest responsibilities and standards related to compensation, while recognizing that there is no single \"correct\" model for executive pay that will fit every business organization.  \u003c\/p\u003e\u003cp\u003eThe strategy board members assign incentives needs to align with each specific case, but the standard approach has evolved almost as rapidly as the regulatory landscape. This handbook identifies the best practices that reflect the most current understanding of issues related to compensation. Since the \u003ci\u003eThird Edition\u003c\/i\u003e was published in 2007, regulatory and theoretical changes have altered the way this committee should and must approach compensation. In this updated edition, the authors strive to remind readers of both the general and technical determinants of good compensation committee decision-making.  \u003c\/p\u003e\u003cp\u003eBits and pieces of wisdom from business and academic publications can be difficult to synthesize when it comes time to discuss numbers. \u003ci\u003eThe Compensation Committee Handbook\u003c\/i\u003e is a valuable reference because it comprehensively addresses all the relevant issues. This book's issue-oriented approach is adequately comprehensive to target any compensation discussion. \u003ci\u003eThe\u003c\/i\u003e \u003ci\u003eCompensation Committee Handbook, Fourth Edition\u003c\/i\u003e will help all compensation committee members, as well as executives, human resource officers, and general counsels, succeed in turning complex technical information into sound business judgment.   \u003c\/p\u003e\u003cp\u003eJust when executive compensation was starting to settle down after the Sarbanes-Oxley Act, another upheaval has forced committee members to adapt yet again. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act had a significant impact on executive compensation and reporting. This \u003ci\u003eFourth Edition of The Compensation Committee Handbook\u003c\/i\u003e includes vital information that compensation committees need to stay current with Dodd-Frank and other new accountability requirements.   \u003c\/p\u003e\u003cp\u003eIn addition to legal compliance, compensation committee members need to address a growing range of functional issues such as organizing, planning, evaluating executive performance, negotiating change-in-control arrangements, and beyond. The rapid changes in the role of the compensation committee can leave organizations reeling. \u003ci\u003eThe Compensation Committee Handbook\u003c\/i\u003e defines the latest responsibilities and standards related to compensation, while recognizing that there is no single \"correct\" model for executive pay that will fit every business organization.  \u003c\/p\u003e\u003cp\u003eThe strategy board members assign incentives needs to align with each specific case, but the standard approach has evolved almost as rapidly as the regulatory landscape.This is handbook identifies the best practices that reflect the most current understanding of issues related to compensation. Since the \u003ci\u003eThird Edition\u003c\/i\u003e was published in 2007, regulatory and theoretical changes have altered the way this committee should and must approach compensation. In this updated edition, the authors strive to remind readers of both the general and technical determinants of good compensation committee decision-making.  \u003c\/p\u003e\u003cp\u003eBits and pieces of wisdom from business and academic publications can be difficult to synthesize when it comes time to discuss numbers. \u003ci\u003eThe Compensation Committee Handbook\u003c\/i\u003e is a valuable reference because it comprehensively addresses all the relevant issues. This book's issue-oriented approach is adequately comprehensive to target any compensation discussion. \u003ci\u003eThe Compensation Committee Handbook, Fourth Edition\u003c\/i\u003e will help all compensation committee members, as well as executives, human resource officers, and general counsels, succeed in turning complex technical information into sound business judgment.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990191718629,"sku":"NP9781118370612","price":145.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118370612.jpg?v=1761786856","url":"https:\/\/k12savings.com\/products\/the-compensation-committee-handbook-isbn-9781118370612","provider":"K12savings","version":"1.0","type":"link"}