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Executive Compensation Best Practices
John Wiley and Sons Ltd, April 2008, Pages: 318
Executive Compensation Best Practices demystifies the topic of executive compensation, with a hands-on guide providing comprehensive compensation guidance for all members of the board. Essential reading for board members, CEOs, and senior human resources leaders from companies of every size, this book is the most authoritative reference on executive compensation.
Praise for Executive Compensation Best Practices
'Fred Lipman and Steve Hall have written a book that should be the 'bible' of every compensation committee chair and be read by every committee member. Their well-balanced listing of what 'best practices' should be in fixing executive compensation is a checklist for every compensation committee meeting. Their recognition that a compensation committee can be as derelict in setting compensation policy too low as it has been setting it too high is a particularly important observation.'
-Roderick Hills, former chairman of the U.S. Securities and Exchange Commission Hills Stern & Morley LLP
'This book is the most authoritative guide I have read on executive compensation. In today's climate it is a must read for board members, CEOs, and senior human resources leaders from companies of every size, and we strongly recommend it to our executive search clients.'
-Alan J. Kaplan, President & CEO, Kaplan & Associates, Inc.
'Executive Compensation Best Practices by Fred Lipman and Steve Hall provides a valuable addition to any corporate governance library. The book contains a comprehensive coverage of best U.S. compensation practices with?numerous practical examples-for instance, there is an interesting discussion on the impact of the growth of private equity upon compensation levels. The book also includes helpful discussions of the latest SEC rules that will be invaluable for directors who are currently members of compensation committees. I enjoyed reading it.'
-Chris Pierce, CEO, Global Governance Services Ltd., United Kingdom
'Every member of a board compensation committee should be reading this book, and then keep it close-by for ready reference.'
-Fenton R. Talbott, Chairman of the Compensation Committee StoneMor Partners L.P.
'Executive compensation is one of the complex and sensitive issues facing all executives, boards, media, regulators, and investors with great accounting, tax, and stock market implications. Lipman and Hall have done an excellent job of simplifying the complex subject matter useful to all interested parties.'
-S. Rao Vallabhaneni, author of Corporate Management, Governance, and Ethics Best Practices
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