Among the many tasks CHROs often face, helping the company’s board of directors shine before shareholders can be one challenging area, especially as it relates to your investors’ “say on pay” vote for executive compensation packages. Because, ultimately, if shareholders don’t approve the compensation strategy, it can give the board, and HR, a black eye.

Take Netflix, for example. Its board of directors encountered an embarrassing situation as shareholders withheld their support during the “say on pay” vote at the company’s annual shareholders meeting last week. Fortunately for Netflix and other public companies, such a vote is advisory only and not binding. READ MORE