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NEW YORK--(BUSINESS WIRE)--Effective communication about executive compensation is a top priority among Boards and management teams, yet there is significant room for improvement. Pearl Meyer & Partners' survey examines CD&As...
Boards clearly understand the importance of straight forward and effective communication, yet even by their own assessment, they're falling short.
The findings related to Say-on-Pay are especially illuminating.
We suggest four actions Compensation Committees should take as they develop their next CD&A: leverage specialized resources, allow significant planning time, use plain and concise language and don't be shy about incorporating graphics to help explain key information.