Remuneration Effectiveness

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’s 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.