Egan Associates has over the last twenty years since the Corporation Law required comprehensive disclosure, compiled research data on non-executive directors’ emoluments, board demographics and related information.
Government leaders and their advisors internationally have recently expressed concern about the reward levels of those involved in financial markets which are embroiled to a greater or lesser extent in the global liquidity and credit crisis now being experienced and its flow-on effect to the capital markets.
The Australian prudential regulator has outlined its approach to Executive Remuneration.
In recent years executives and senior management have been the beneficiaries of regular annual adjustments to their fixed remuneration.
Egan Associates have observed among Australia’s leading companies significant variation in the manner in which equity based incentives are valued and allocated to senior executives as part of their total reward package particularly in relation to the reward intent understood by boards