7 Characteristics of Highly Effective Compensation Committees was published recently in the Second Quarter, 2016 edition of Directors & Boards magazine. Margaret Engel, Partner, identifies the behaviors practiced by highly effective compensation committees, distinguishing them from less effective or even dysfunctional committees. CAP’s work with compensation committees at many companies provides a bird’s eye view on what works best.

At mid-year, 2016 remains something of a puzzle for Compensation Committees. Key questions surround the state of the economy. Will it continue to slog along, revive more strongly, or dip into recession? How will the Presidential election in November affect the regulatory and legal environment around CEO and senior executive compensation? And how should the Committee continue to prepare for implementing the Dodd-Frank mandate to disclose the ratio of CEO pay to the median compensation of a company’s employees in 2017?