Key Compensation Committee Priorities At Tax-Exempt Orgs

Law360 (March 18, 2020, 3:52 PM EDT) -- The new priorities for tax-exempt organization compensation committees this year primarily fall into four key areas: remaining market-competitive for key leaders; succession planning; evolution of the compensation committee to a more strategic role; and examining the bigger picture of executive pay costs and results. This article offers an overview of these emerging topics and trends.

An appointment to the board-level compensation committee of a large tax-exempt organization is a major time commitment, involving complex issues, huge agenda books and challenging oversight matters. And just as one year ends and its challenges are met, a new year begins, and the priorities and...

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