Executive compensation committees: an idea whose time has come?
Because executive and managerial talent is a hospital's most valuable asset in a highly competitive climate, boards should be concerned with matters of executive compensation. The major responsibilities of an executive compensation committee are outlined here, including evaluation of the CEO's performance, determination of his compensation level, and establishment of the institution's basic compensation philosophy.
D006075:Governing Board / Q000458:organization & administration*; D006270:Health Facility Administrators / Q000191:economics*; D006740:Hospital Administrators / Q000191:economics*; D012456:Salaries and Fringe Benefits