This excerpt taken from the VRSN DEF 14A filed Apr 26, 2005.
General Compensation Philosophy
The role of the compensation committee is to review the salaries and other compensation of the executive officers and certain other key employees of VeriSign, and to make grants under, and to administer, the stock option and other employee equity and bonus plans. VeriSigns compensation philosophy for executive officers is to relate compensation to corporate performance and increases in stockholder value, while providing a total compensation package that is competitive and enables VeriSign to attract, motivate, reward and retain key executives and employees. Accordingly, each executive officers compensation package may, in one or more years, be comprised of the following three elements: