Executives outside of the top tier of Australian companies may find it difficult to achieve independence from government support in retirement.
Author Archives: EGAN Associates
Clawback Gains Global Momentum
The UK and US have announced new clawback requirements, expanding uncertainty for executives on whether earned bonuses and long term incentives will remain theirs to keep.
Independence Plans Due in One Year for Super Boards
Although existing superannuation organisations will have three years to meet proposed independence requirements, by 1 July 2016 they will need to formulate a transition plan on an individual Director basis.
Independent Director Quota Announced for Super Boards
The government has released draft legislation that will require APRA-regulated superannuation Boards to be led by an independent Chairman and be comprised of a minimum of one third independent Directors.
Company Size Makes a World of Difference to Bonuses
CEOs of small companies are by no means guaranteed an annual bonus.
ESS Tax Changes Passed
The Australian Senate passed changes to the taxation of employee share schemes (ESS) on 25 June with no amendments.
When CEO Comparisons Mislead
Comparing executive remuneration is not as simple as it might seem.
Share Scheme Taxation Changes Given Senate Committee Tick
A Senate Committee has recommended that legislation changing taxation arrangements for employee share schemes (ESS) be passed.
Minimum Wage to increase by 2.5% on 1 July 2015
The Fair Work Commission has awarded an increase to the minimum wage of 2.5%, or $16 per week, bringing the minimum wage to $656.90 per week.
AICD highlights Egan Associates Risk Report
The Australian Institute of Company Directors has published an article in its latest Company Director Magazine on our latest KMP Report, The Rise and Rise of Risk.