Presented in four parts, the first section outlines the fundamental responsibilities of each compensation committee member, as well as the framework of accounting, tax, securities rules, and the basics of compensation programs. Section two covers five current issues: change-in-control agreements, option repricing, reload stock options, pooling of interests accounting, and new accounting rules. The third section examines strategies for positioning the compensation committee as a performance-enhancing tool. The final section is a comprehensive resource of rules and regulations, comparison charts to monitor progress, and resources to provide information and training to the committee.

Be it a small company forming a compensation committee or a large company that needs the latest strategies to help its board of directors' discharge fiduciary responsibility to the stockholders, The Compensation Committee Handbook is indispensable to corporate directors and compensation committee members, corporate secretaries, general counsel, CEOs, CFOs, and human resources executives.

Written in a practical style, this handbook provides comprehensive guidance to compensation committee members and their advisors on how to maximize the potential of the committee. It analyzes the latest trends in CEO compensation for small, mid- and large-sized businesses and helps compensation committees meld technical information with sound business judgement.