Examples of Compensation and Benefits Committee in a sentence
The Compensation and Benefits Committee reviews levels of cash compensation as needed and at least annually, and makes recommendations to the Board to adjust cash compensation in light of merit, qualifications and competence.
The Compensation and Benefits Committee makes its determinations as to overall compensation levels on the basis of both available third party data regarding comparable compensation at similar size companies as well as their own industry experience and the Company’s hiring and retention needs.
The Compensation and Benefits Committee also reviews the corporate goals and objectives relevant to the compensation of the senior executive officers as needed and at least annually and based on recommendations from the Chief Executive Officer and other members of the management team.
Consideration of faculty fringe benefits changes will be led by the Faculty Compensation and Benefits Committee in collaboration with the provost and completed by the following February 1, before being submitted to the Boards as part of the annual budget.
In the spring semester (April-May), the provost will communicate to the Faculty Compensation and Benefits Committee any likely or potential area of fringe benefits change.