The table above indicates the rate of pay increase derived from annual report disclosures for total fixed remuneration, short term incentives, long term incentives and total remuneration.

Coincidentally, this year’s total remuneration increase mirrors the rate of increase in the USA.

As early analyses of ours indicated in prior articles, this year has been very robust for remuneration increases. An excellent profit year that saw average earnings per share growth for these ASX 300 companies of 22.6% would imply a healthy increase in STIs. However, long term incentives grew at double the rate of short term incentives. Does this mean that an oft criticised focus on short term results, reinforced with pay heavily weighted by short term bonus payments, is undergoing change? Read the news article “CEO Remuneration Structure” for more information.

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