What Is the Role of a Compensation Committee of the Board

question 19

Multiple Choice

What is the role of a compensation committee of the board of directors?

• A)to make recommendations to the board of directors on overall pay policies, salaries for top officers, stock options, and additional perks for executives
• B)to develop a compensation package that ties the organization's overall compensation system to the organization's goals and objectives
• C)to assist the HR unit in developing overall pay and benefit programs for the organization
• D)to make recommendations to the shareholders on the compensation formula for members of the board of directors