Remuneration planning over the coming two years
Fair Work Commission’s decision on the minimum wage.
Does top pay attract the most capable?
Tax concessions for major corporations
Board renewal & effectiveness reviews
Governance and Pay: Ministers and Board Chairmen
With comments from proxy advisers, major institutional investors and shareholder activists questioning Directors’ (particularly Chairmen’s) capacity, to serve on more than three or four Boards for which they will often receive more than $1 million in annual fees, the community should not be aggrieved with the level of reward paid to our Prime Minister, our Premiers or our Ministers.
The Past and the Future
The first Newsletter of the 2018 calendar year provides not only comment on contemporary issues, but also includes comment on the 10 most popular articles over the last 60 editions of our Newsletter and the most widely read Key Management Personnel Reports (KMP Reports) of the past 5 years.
Public Sector Pay
Has the community the right frame of reference when expressing views about the level of remuneration paid to employees retained by Commonwealth, State or Local Government organisations?
Reputation – a key KMP KPI?
Reputation is said to be hard won and easily lost. When reputation is damaged in a corporate environment, scrutiny by regulators and shareholders, particularly when it impacts on the bottom line and/or market value, will often increase.
The CPA experience – Lessons in Corporate Governance
Recently, CPA Australia was subject to considerable criticism about the remuneration of its prior CEO and management team.
Responses to Bank Executive Accountability Regime (BEAR) Consultation Paper
Company Directors have warned that the BEAR regime gives the Australian Prudential Regulation Authority (APRA) too much power and creates more risk-aversion in Authorised Deposit taking Institutions (ADIs). The regime may restrict ADIs in selecting the accountable persons subject to the regime based on essential corporate needs and requirements.
The Importance of Discretion
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.
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.
The Board and its Advisor: Can their Viewing Point Become a Moral Dilemma?
A key question for Boards, Executives and their advisors relates to the appropriateness of reward policy strategies in an uncertain economic climate.