Executive Compensation and the Role of the Compensation Committee

Congratulations!

You have completed ERI DLC Course 26: Compensation Committees: Framework for Executive Compensation Alignment.

You should now be able to:

  • Identify the qualifications for compensation committee membership and the criteria to use to avoid a conflict of interest or undue influence
  • Recognize how compensation committees execute governance, oversight and fiduciary responsibilities
  • Identify criteria for establishing an effective performance evaluation process
  • Recognize resources a compensation committee may need to support their work
  • Identify important Financial Accounting Standards Board (FASB), Internal Revenue Service (IRS), and Securities and Exchange Commission (SEC) rules and regulations that govern executive pay
  • Specify what the Dodd-Frank Act say-on-pay provision is
  • Specify what the Sarbanes-Oxley Act clawback requirements are
  • Define what a “golden parachute” payment is
  • Recognize the content of the Compensation Discussion and Analysis (CD&A) report that is filed with the SEC
  • Identify the elements of an effective executive total compensation program including the post-employment plan

If you need to report completion of this course to a supervisor or instructor, you may send them a screen shot of your training history.

If you would like to recommend this course and the DLC to a colleague or friend, send an email.