Has the UK’s pay simplification project hit the buffers before leaving the station?

Last week’s unprecedented result at the AGM of Weir plc – 72.3% against the  remuneration policy vote and 72.24% agains the vote on LTIP amendments (both binding …

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Shareholders have again showed their discontent over excessive executive pay packages with large votes opposing remuneration reports and policies. Engineering company Weir lost its binding vote on its remuneration policy – with a 72% vote against – while at building …

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  • UK Pay for Performance not Fit for Purpose
  • Increasing disparity between CEO & stakeholder rewards
  • Scepticism and loss of public confidence in business

Coming in the wake of some large votes by UK shareholders against executive pay, the Executive Remuneration …

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Mining group Anglo American faced a 42% vote opposing its remuneration report at its AGM this week. Though not a complete rejection the company acknowledged that it needed to engage with shareholders further in advance of the remuneration policy vote …

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The 2016 AGM season started with major defeats for two FTSE100 companies. Last Thursday (14th April) oil giant BP and medical equipments supplier, Smith & Nephew saw their remuneration reports rejected by shareholders at their AGMs. At the BP AGM …

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Persimmon seeks to blame proxy advisors for NED’s slim majority

Construction firm, Persimmon, faced significant opposition in the vote to elect Nigel Mills as one their non-executive directors. There was a 47% vote against Mills’ appointment, due to independence concerns, …

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Anticipation that the US Securities and Exchange Commission is due to finalise three remaining Dodd-Frank Wall Street Reform and Consumer Protection Act compensation rules as well as recent rulings from Delaware Courts will keep executive pay in the spotlight during …

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With the peak AGM season taking place in the next two months, Manifest’s analysis suggests investors may be concerned about the remuneration practices at  some of the UK’s biggest companies holding their AGMs on 14th April.

Mining company, Rio Tinto …

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Top executive pay should not be linked to performance as the work they do is difficult to measure and such pay may actually be damaging to companies, according to a recent article by two academics in the Harvard Business Review.…

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The theme of International Women’s Day this week (8th March) was a Pledge for Parity, trying to achieve equal opportunities for women globally.

The World Economics Forum said it will be 117 years before women have the same career prospects …

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