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Boards of directors have long focused on executive hiring, transition and compensation as key areas of corporate governance oversight, but largely have not been tasked with direct oversight of human
Boards of directors have long focused on executive hiring,
transition and compensation as key areas of corporate governance
oversight, but largely have not been tasked with direct oversight
of human capital management more broadly, which has historically
been viewed as an area that should be overseen by management. This
is slowly changing.
In this chapter of our 18th Annual Corporate Governance
& Executive Compensation Survey, we discuss how
positioning human capital management as a board issue and expanding
board focus from executive compensation to the workforce at large,
will require significant change for boards and what they can do to
prepare.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.