A compensation committee generally makes recommendations to the _____ on overall pay policies, salaries for top officers, supplemental compensation such as stock options and bonuses, and additional perquisites for executives.
A) labor union
B) board of directors
C) federal government
D) state government

Question

Quizplus · Accepted Answer

A compensation committee typically advises or makes recommendations to the board of directors on various aspects of executive pay, including overall pay policies, top officer salaries, supplemental compensation like stock options and bonuses, and additional perks. The other options, such as labor unions, federal and state governments, do not have direct involvement in making these decisions for private companies.

A Compensation Committee Generally Makes Recommendations to the _____ on Overall