Course Number: | 26 |
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Category: | Executive Compensation |
Field of Study: | Specialized Knowledge |
Audience: | Executives, Compensation Committee Members, HR Managers, Compensation Managers, Compensation Analysts, HR Generalists, Business Valuation Professionals |
Level of Difficulty: | Intermediate |
Delivery Method: | QAS Self Study |
Prerequisites: | None |
Advanced Preparation: | DLC Courses 12 and 21 |
SHRM BASK: | As defined by the SHRM Body of Applied Skills and Knowledge (BASK), this self-study course relates to competencies in Business Analysis, Business and Competitive Awareness, and Strategic Alignment with functional areas in Total Rewards, Structure of the HR Function, and U.S. Employment Law and Regulations. |
Overview | Compensation committees are responsible for the effective design and evaluation of executive compensation programs. These generally focus on achieving short-term operating plan execution coupled with long-term sustainable business performance alignment. The framework within which these responsibilities are fulfilled entails assessing the current business environment, identifying drivers of business strategy, evaluating the impact of regulatory requirements, and engaging with complex and demanding constituencies.
This course will review the rules on executive compensation packages and golden parachutes and discuss the compensation committee's roles and responsibilities in:
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*The Course Credit List displays credits and credit types offered by location. |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®