Ensuring women get promoted to senior positions and receive higher bonuses should form part of the strategy to ensure that the gap between the pay of women and men is closed, according to a report produced by Deloitte and sponsored by “Think, Act, Report“, a UK government campaign. Following an extensive consultation last year the UK […]
Read MoreThe Rock Center for Corporate Governance at Stanford University has recently conducted a representative survey of 1,202 Americans to understand public perception of chief executive (CEO) pay levels among the 500 largest US publicly traded companies. The survey found that 74% believe CEOs are not the right amount compared with the pay of an average worker […]
Read MoreDespite recent policy changes by the last UK Coalition Government chief executive (CEO) pay has still been rising and, according to a recent report by the Chartered Institute of Personnel and Development, current executive reward practice is based on misplaced assumptions about the motivating force of money. The research, The power and pitfalls of executive reward: A behavioural perspective, […]
Read MoreBy the first Tuesday of 2016 (5th January) the UK’s top bosses made more money in 2016 than the average UK worker earns in an entire year, according to think tank, The High Pay Centre. FTSE 100 chief executives are paid an average £4.96 million a year according to the government’s ‘single figure’ measure compared to the UK full-time […]
Read MoreNearly $A30 million in payouts to departing chief executives (CEOs) helped to increase the pay of the 300 highest-earning Australian CEOs by 5%, who for the first time will receive an average pay packet of more than $3 million a year, according to The Australian Financial Review Salary Survey 2015. The publication reports that the average CEO’s pay packet is […]
Read MoreEven more than its predecessors, Manifest and MM&K’s Total Remuneration Survey 2013 (May edition) deservedly earned headlines and an impressive array of coverage in the press after the launch earlier this week (even making it into Vogue, which must be a first for corporate governance research?!). However, one very important point which we made deserves particular […]
Read MoreThe Association of British Insurers have published the 2012 update to their Principles of Remuneration, with a number of key changes focusing on simpler remuneration structures while offering flexibility for special cases. Two new paragraphs have been inserted in the Principles, while content from the former Appendix is moved to an expanded Guidance section as […]
Read MoreNever mind the peak meeting season, the past few days has seen a flurry of activity in Westminster which will have a bearing on aspects of shareholder voting and corporate governance in the UK. On Tuesday, the Treasury Select Committee heard evidence from Baroness Hogg, Chairman, and Peter Montagnon, Senior Investment Adviser, both of the Financial Reporting Council, as […]
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