Following the recent decision of the Fair Work Commission in relation to minimum earnings, there has been a considerable amount of press comment and research data reflecting on the rate of growth in CEO reward.
Among the top 300 listed companies by market capitalisation*, there were six companies that experienced a significant shareholder vote against their Remuneration Report during the final quarter of the 2017 Annual General Meeting season.
The Australian Council of Superannuation Investors (ACSI) once more commissioned Ownership Matters to undertake a thorough review of CEO reward among the ASX 200.
Top Australian companies are currently showing caution with remuneration, paying new CEO hires at a significant discount to their outgoing leadership.
ACSI’s 2014 study of CEO pay in the S&P/ASX200 is the first to include comparisons of realised and reported pay for all CEOs in the sample.