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Governance, Wall Street and Compensation Policy


By: 
Date: November 22 2005

This is the external focus.  We are no longer looking just inside at how we are going to manage our internal compensation.  It is what we are going to tell people about this and not just telling the VP of HR or maybe not even just telling the CEP when they drop by, but actually going to the outer world which is the Board and Wall Street.  Compensation managers aren't going to be issuing reports on their own that are going to go external to the company, so obviously it is going to be going up to the top of the HR function and then out through investor relations -- probably working with the Compensation Committee of the Board -- but nonetheless when matters of compensation come up, it is going to be the compensation managers who are going to have to take the lead in putting together the data, explaining the data, explaining the policy, and the reasons behind those policies.

This report is available to Premier Members.  Please click here to download this .pdf file.



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