Remuneration report – Percentage change in CEO pay vs comparator group.
The Remuneration regulations require a comparison of CEO salary, taxable benefits and bonuses with all employees or a comparator group of the company’s choice.
In choosing the comparator group, are companies using a group that receives similar benefits to the CEO so it’s on a like-for-like basis – and does this mean the group is relatively small? Alternatively, if companies are choosing a larger group i.e. UK population, does this mean the comparison may not necessarily be on a like-for-like basis as not all employees in the group will necessarily receive benefits or annual bonuses?