About half of all ASX 200 companies have dinged executives of pay due to COVID-19
07/12/2020
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We are continuing to monitor ASX 200 remuneration adjustments in light of COVID-19.

As of close of business on the 3rd of December 2020, there have been 95 ASX 200 companies (48%) which have announced COVID-19 related remuneration adjustments, applicable in FY20, FY21 or both.

Table 1 lists November remuneration adjustments being applied to key management personnel (KMP) executives and non-executive directors (NEDs). Both November disclosures are from FY20 annual reports.

TFR refers to total fixed remuneration and STI refers to short-term incentive.

Table 1: New ASX 200 companies remuneration adjustments

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To view previous COVID-19 analysis (see HERE and HERE).

Alternatively, click HERE to view select fields within our database with all COVID-19 remuneration adjustments for ASX200 companies. If you require access to additional data fields or analyses such as an industry breakdown of remuneration adjustments, dividend adjustments, market capitalisation changes and all things remuneration related, contact us at info@www.guerdonassociates.com

As Guerdon Associates continues to monitor ASX200 companies for remuneration adjustments, further statistical analyses will be provided in forthcoming articles linked to our monthly GuerdonNews® summary and on our website.

© Guerdon Associates 2021
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