18 lessons to take to heart. And a few words of warning.
By Marc Rosenberg
Partner Comp: Art & Science
Operating a compensation committee isn’t for the faint of heart. Here are points all members would do well to heed.
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1. The partners must understand the heart and soul of the Compensation Committee (CC) approach: The system can only work if the people being judged are willing to trust the judges. Period. If the partners aren’t comfortable with this, they should not use the CC.
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