It is unusual in current times to observe short or long term incentives where the award is determined solely at the discretion of the Board. However, discretion has far from lost its place in incentive payments and policy.
STI Deferral in Volatile Markets – Industry by Industry Analysis
Given recent volatility in the share market, Egan Associates has fielded a number of queries from Boards about the risks and benefits of STI deferral to their executives.
Should Companies Account for Dividends when Granting Equity?
Egan Associates considers whether the value of shares to be granted under incentive plans should be adjusted to account for foregone dividends.
Disclosing the Board Skills Matrix
The majority of ASX 100 companies disclosed a Board Skill Matrix in 2015, yet not all matrices revealed current Board member attributes.
When is a Strike Not a Strike?
On a number of occasions over the last few years, companies that were clearly facing a strike based on proxy votes prior to the Annual General Meeting did not actually record a strike.
The Agenda – February
The Agenda highlights current issues or matters that may be under review by Government or under consideration by Boards of Directors, including those relating to superannuation, executive pay, the workforce and pay equity.
CEO & CFO Fixed Remuneration in Perspective
Egan Associates examines the variability in CEO and CFO median fixed remuneration and compares the data with average weekly earnings, the Consumer Price Index, and movements in the relative share price indices.
When is Shareholder Approval Required for the Provision of a Termination Payment?
As the 2015 AGM season draws to a close and a new year begins, Boards may be reflecting on recent shareholder feedback and re-evaluating their termination policies. In light of this, we have provided an overview of the current terminations benefits regime.
Report on Workplace Relations Framework Released
The Productivity Commission released its final report on the workplace relations framework in late December 2015. The report marks the completion of the Commission’s inquiry into the workplace relations framework.
The Agenda – January
‘The Agenda’ highlights current issues or matters that may be under review by Government or under consideration by Boards of Directors, including those relating to superannuation, executive pay, the workforce and pay equity.