Infographic
Compensation Committee Names
Companies are increasingly choosing to overtly signal expansion of compensation committee oversight by changing the committee name.
Source: Mercer’s Global Disclosure Database
S&P 100
Full S&P 500
Non-S&P 500
S&P 100
The S&P 100 continues to lead the market in changing the compensation committee name to one signifying broader Human Capital Management (HCM)-related oversight
S&P 500
In 2023, more than half of the S&P 500 have a committee name that implies a broader purview than just “compensation”
Non-S&P 500
Non-S&P 500 companies have been slower to adopt similar committee name changes but are showing the same increasing trend
Source: Mercer’s Global Disclosure Database of US Public Companies as of November 2023.
Potential compensation committee names
| Most prevalent names broader than Compensation Committee |
|
| 1 | Compensation & Human Capital Committee |
| 2 | Compensation & Human Resources Committee |
| 3 | Compensation & Management Development Committee |
| 4 | Human Resources Committee (“HRC”) |
| 5 | Compensation & Talent Committee |
| 6 | Compensation & Leadership Development Committee |
| 7 | Compensation & Benefits Committee |
| 8 | Organization & Compensation Committee |
| Select other names found in the market |
|
| 1 | Human Capital & Compensation Committee (“HC3”) |
| 2 | Talent, Culture & Compensation Committee (“TCC”) |
| 3 | Compensation & Talent Development Committee |
| 4 | Social Responsibility & Compensation Committee (“SR&C”) |
Note: Names are ordered in terms of prevalence (minimum of 10 observations). For #1, #2, #3, #5, and #6, it is also common toinvert the order of the words, with “compensation” second: i.e., “Human Capital & Compensation Committee”; “Human Resources& Compensation Committee”; “Management Development & Compensation Committee”; “Talent & Compensation Committee”;“Leadership Development & Compensation Committee”.
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