September 16, 2024 Executive Compensation Human Capital Management Articles

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Human Capital Management

Human Capital and Compensation Committees Need More from their Advisors

Human capital and compensation committees need advisors that deliver more than just data and peer comparisons—they need thought partners. The best advisors find solutions that lead to stronger business outcomes, superior leadership, and smarter governance.

Working for the Committee and With Management

The advisor’s primary allegiance is to the committee, reporting to the chair with unfettered access to all committee members. Advisors should attend every committee meeting and participate in executive sessions to fully understand the committee’s agenda and issues. Advisors must also work with management to understand company strategy, culture, opportunities, and challenges. Collaboration helps preserve trust, avoid surprises, strengthen practices, and ensure recommendations reflect market and company realities.
This involves asking the right questions, giving perspective on best practices, and providing constructive feedback on materials before committee meetings. In doing so, advisors must remain impartial committee advisors, keeping the committee chair apprised of interactions with management. Committees should expect advisors to help in four key areas.


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Blair Jones

Deborah Beckmann

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