A milestone has been achieved for Australian executive pay.
Changes in the structure of CEO remuneration are illustrated in the figures below.
The pie charts indicate two things of very major significance. In fact, this year is a milestone year that has yet to be heralded. So here it is, an exclusive to subscribers of Guerdon News:
- Disclosed for the first time in Australia, Long Term Incentive reward exceeds Short Term Incentive reward for the ASX 300.
- Even more remarkable, total pay at risk (i.e. the sum of all incentive pay) is greater than total fixed pay.
Unfortunately this does not mean CEOs will necessarily be tempted to focus on strategies for long term sustainable growth. For more information, read on here.© Guerdon Associates 2024 Back to all articles