Mid-Year Remuneration Reviews
Company Remuneration Reviews, which will be progressively undertaken over the balance of the 2020 calendar year, will be influenced by the factors below, but equally
CEO Remuneration : Government Sector
There has been recent press comment on the most highly paid executives working for the Commonwealth Government. Among those disclosures in the relevant Remuneration Reports
Core Accountabilities of the CEO and the Foundation for Annual Incentives
Recent comment from shareholders and their advisers at AGMs reveals a level of disquiet in many organisations in relation to incentive payments, particularly annual incentive
The Role of the Board – A Perspective from the Hayne Royal Commission
Questioning by Counsel at the Hayne Royal Commission of Board Chairmen, CEOs and accountable executives has revealed the market’s expectation of the level of stewardship and scrutiny which shareholders and customers in particular might anticipate rests with the Board or the CEO in communicating strategy, financial results and breaches of company policy.
Strikes Against the Remuneration Report – 2018 AGM Season
There has been a significant increase in the number of ASX 300 companies receiving a strike against their remuneration report in the 2018 AGM season, with fifteen companies overall receiving strikes compared with six in 2017.
A Decade of Change in KMP Rewards
The decade since the Global Financial Crisis can be regarded as one of considerable change in relation to incumbency and reward.
Governance – Increasing Complexity and Scope
The 2017 and 2018 reporting periods have seen increased shareholder activism, changes in emphasis and priorities expressed by institutional investors and proxy advisors, and a sense of urgency in addressing issues arising from the Hayne Royal Commission which are clearly observed as extending beyond the Financial Services Sector.
ASIC Gives the Gift of Advice
Companies need to identify ways to make annual general meetings (AGMs) transparent, ethical, and effective.
Lessons from Banking Royal Commission
One of the questions raised by Rowena Orr, QC in the Banking Royal Commission’s session which took place on 27th April 2018 was “How can companies incentivise good quality advice where the best advice is to do nothing?”
INCENTIVES – Front and Centre
What role should incentives play in rewarding senior management?