Executive Director Total Remuneration Survey

2006 Edition

In association with

Introduction

The Executive Director Total Remuneration Survey offers an indispensable and comprehensive review of this highly topical issue.

Unlike many other top pay surveys, the Total Remuneration Survey takes into account the changing mix of compensation from just salary and bonus to a total mix of pay where 80% is performance related.

As schemes and disclosures have increased in complexity never has there been a greater need for high quality and objective analysis to assess the impact of changing approaches to executive incentives. Total compensation figures are rarely disclosed but are key to understanding the biggest drivers in executive reward. The Survey is a timely and high quality review which no remuneration committee or institutional investor should be without.

Purchasing
Details

The 2007 survey is now available here, however if you still wish to purchase the 2006 survey, please contact: sales@manifest.co.uk or call + 44 1376 503500.

What's
Included

Comprehensive coverage: Remuneration data from around 900 companies was used, covering all the FTSE100, FTSE250, SmallCap and select Fledgling and AIM companies. The coverage far exceeds most similar reports from other remuneration consultants.

Total remuneration: taking into account all elements of remuneration.

High-value research at a fraction of the cost. Over 1,000 hours of data collection and processing were involved in compiling the report.

Median, upper and lower quartile figures presented for each band, giving a clear indication of how a director's remuneration compares to the current market.

Banding by turnover and market capitalisation; thus allowing fair comparison to similar sized companies.

Press
Coverage

Financial Times:

• 12 Sep 2006: Top executives' rises faster than inflation
• 15 May 2006: UK chief executives see pay top £3.3m
• 05 Sep 2005: Superstars zoom ahead in pay stakes
• 11 May 2005: Why some thin cats need more in their bowls Executive pay at smaller companies
• 07 May 2005: Study shows chiefs' pay rises by 17%
• 13 Sep 2004: Tax increase on pensions 'pushing up bosses pay'
• 24 May 2004: Star chief executive in the ascendant
• 24 May 2004: Chief executive pay soars 168% in five years

The Observer:

• 03 Sep 2006: Fury over pensions bonanza for bosses

The Guardian:

• 16 May 2006: Study puts bosses' pay at £3.3m

The Scotsman:

• 24 May 2004: Chief executive pay back in spotlight

PersonnelToday.com:

• 24 May 2004: Big chief execs gain pay rise of 168 per cent

Table of
Contents

PART A: LEVELS OF REMUNERATION

• Executive Summary
• CEO
• Average of other executive directors
• 2nd highest paid director
• 3rd highest paid director
• 4th highest paid director
• 5th highest paid director
• Finance Director
• Non-Executive Chairman

PART B: TRENDS AND ANALYSES

• Trends
• Differentials between CEO and other directors
• Remuneration Mix
• Sector Differences
• Annual Bonus
• Long Term Incentives
• Pensions and Total Remuneration
• Linkage of Pay and Performance
• Company Year Ends and Size
• Definitions, Data Sources and Methodology
• About IRS and Manifest