banner

Remuneration Effectiveness

image_pdfimage_print

Remuneration frameworks are a cornerstone of employee attraction, engagement, focus and retention. They are also a key focus of proxy advisers, shareholders and regulators.

Where once boards would set and forget executive remuneration structures, it is no longer prudent for a board to wait until market practice, proxy advisor pushback or regulation changes trigger a review.

A remuneration effectiveness review will consider whether the remuneration framework:

  • Is fit-for-purpose (appropriate to the company‚Äôs needs);
  • Is consistent with risk appetite, and fits within risk parameters
  • Supports the stated remuneration objectives and principles; and
  • Functions as intended (appropriate processes, checks, approvals and reporting/disclosures undertaken)

Contact us for more information.