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Home > Terms > English, UK (UE) > Compensation committee
Compensation committee
A committee of the board of directors responsible for reviewing and setting the compensation of certain executive officers of the company. The compensation committee may also be responsible for the allocation of stock options to employees. A compensation committee is typically comprised of independent (i.e., non-employee) directors of the company. The definition of an 'independent' director may vary from one market to another.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Private equity
- Company:
- Product:
- Acronym-Abbreviation:
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