Equity Culture

Tel: +44 (0)7956 691 104

  • Home
  • About Us
  • Board Evaluations
  • Regulatory Compliance
  • Clients and Case-Studies
  • Noticeboard
  • Blog
  • Contact Us

What information do you provide to your RemCo?

8th November 2017 5 Comments

A FTSE250 Deputy Secretary writes...

Our Remuneration Committee is increasingly asking for more and more information about the remuneration of individuals further and further down the organisation.  In the past they have approved the remuneration of the Exec Directors and Company Secretary, and noted the remuneration of the Executive Committee, along with approving the usual share awards etc.  Recently they’ve been requesting detailed salary and benefits information for the tier below this, i.e. all the direct reports of the Executive Committee.  I would be interested to hear what information other companies currently provide to their Remuneration Committees please.

Leave a Reply Cancel reply

Only your comment and indication of company type will be published

Comments

  1. FTSE250 said

    9th November 2017 at 4:11 pm

    Our Remuneration Committee approves the remuneration for the Chairman, Executive Directors and Executive Committee plus any material out of policy packages and share awards etc. There is an interest in having more information about the approach taken across the business but this is in the context of ensuring that the arrangements for the senior team are fair rather than a desire to get involved in the decision making for the wider population.

    • FTSE250 said

      9th November 2017 at 12:31 pm

      We have the traditional RemCom remit of Chairman of the Company, Executive Directors and senior management, defined as ExCom members and including the CoSec. In addition, they approve remuneration packages in excess of £200k even if they refer to people who are not the chairman, executive directors or ExCom.

      • FTSE100 said

        9th November 2017 at 11:12 am

        Our Remuneration Committee reviews the remuneration of those colleagues whose total remuneration is greater than two-thirds of the average of the total remuneration of the Executive Committee .

        • EX LISTED said

          9th November 2017 at 9:44 am

          none for the level below the senior management team

          • FTSE100 said

            9th November 2017 at 8:40 am

            Our Remuneration Committee approves the remuneration of the Exec Directors Company the Executive Committee, along with approving the usual share award. It only gets involved lower down if a proposed employment offer/promotion is outside of the normal policy for the grade.

            Sections

            • Home
            • About Us
            • Board Evaluations
            • Regulatory Compliance
            • Clients and Case-Studies
            • Noticeboard
            • Blog
            • Contact Us

            Recent Notices

            • Matters reserved for the Board

              Matters reserved for the Board

              26th September 2023
            • Establishing an ESG Board Committee

              Establishing an ESG Board Committee

              13th September 2023
            • Service providers for virtual/hybrid AGMs

              Service providers for virtual/hybrid AGMs

              8th July 2023
            • What MAR compliance checks do you undertake?

              What MAR compliance checks do you undertake?

              23rd June 2023
            • NEDs undertaking the workforce engagement role

              NEDs undertaking the workforce engagement role

              9th February 2023

            Contact EquityCulture

            Address:

            89 Kesteven Way,
            Corby,
            Northamptonshire
            NN18 8GF

            Registered in England and Wales No. 06008649.

            • Blog
            • UK Board Evaluations
            • UK Corporate Governance

            © 2023 EquityCulture | Site Designed & Built by Midland Tech