The board committee that administers and approves salaries and benefits of high-level managers in a company is called the:

Question

Quizplus · Accepted Answer

The board committee responsible for administering and approving salaries and benefits for high-level managers is known as the compensation committee. This committee is typically made up of independent directors and is responsible for ensuring that executive pay is in line with company performance and industry standards.

The Board Committee That Administers and Approves Salaries and Benefits