219k views
0 votes
he board committee that administers and approves salaries and benefits of high-level managers in a company is called the: A. Executive committee. B. Human resources committee. C. Nominating committee. D. Compensation committee.

User Flmhdfj
by
4.7k points

1 Answer

6 votes

Answer:

The correct answer is letter "D": Compensation Committee.

Step-by-step explanation:

The Compensation Committee is a group of individuals who form part of the company's Board of Directors (BoD) in charge of determining the wages of top managers in the organization. These individuals also determine the number of stocks managers will be entitled to and their bonuses. The Compensation Committee also sets the goals managers must reach to receive their compensations.

User Issamux
by
5.1k points