Executive pay and reward
and reward packages have attracted a lot of attention in recent years. But senior executive packages can be complex, often being linked to turnover, business autonomy, Board membership and role scope. What’s more some elements -such as annual bonuses and long-term incentive schemes - represent considerable value.
If your remuneration committee needs to develop or assess reward packages, they must balance business needs, shareholder value and employee motivation. The outcome will affect your ability to recruit the right calibre of executives, retain key staff and build a positive culture.