Pay for performance: what trustees should be applauding.
The responsibilities of the board's compensation committee go beyond just determining annual pay. The committee must develop a plan that outlines organizational goals and identifies the CEO's accountabilities. Then trustees can fulfill their fiduciary and stewardship roles by providing continuous feedback to their CEO.
Hawthorne
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D016542:Chief Executive Officers, Hospital / Q000191:economics* / Q000592:standards; D003625:Data Collection; D003659:Decision Making, Organizational; D004649:Employee Incentive Plans / Q000706:statistics & numerical data*; D004650:Employee Performance Appraisal; D006075:Governing Board; D007324:Institutional Management Teams / Q000191:economics / Q000592:standards; D007857:Leadership; D024382:Professional Role; D012456:Salaries and Fringe Benefits / Q000706:statistics & numerical data*; D012941:Social Responsibility; D013192:Staff Development; D014341:Trustees; D014481:United States