Remuneration Committee
/rɪˌmjuːnəˈreɪʃən kəˈmɪti/
Definitions
- (n.) A board committee responsible for determining and overseeing executive pay and compensation policies within an organization.
The remuneration committee approved the CEO's annual bonus.
Forms
- remuneration committee
- remuneration committees
Related terms
See also
Commentary
Typically composed of non-executive directors, the remuneration committee plays a key role in aligning executive pay with company performance and shareholder interests.
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