A Comp Committee by Any Other Name ...

There's been a dramatic change to the role of the compensation committee as they have taken on not only the dollars and cents of annual pay, but also the management of human capital, according to a Willis Towers Watson study.

Succession planning and comp risk assessment are common responsibilities outlined in comp committee charters, but several companies also include broader human capital management issues as part of the committee's oversight.

Evaluation of risk from compensation programs 82% Succession planning 59% Oversight of broad-based compensation and benefit programs 58% Diversity and inclusion 53% Culture, employee relations and engagement 14% Note: Table made from bar graph. Committee names are evolving to match the new...