Equity Communications

Tel: 0121 434 5057

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

What papers do companies send to Remuneration cons

28th September 2011 18 Comments

“Do companies send all Remuneration Committee papers to the Committee’s remuneration consultants as a matter of course (regardless of meeting content)?
Do the Remuneration Committee’s remuneration consultants attend all Remuneration Committee meetings as a matter of course (regardless of meeting content)?”

Leave a Reply Cancel reply

Only your comment and indication of company type will be published

Comments

  1. FTSE SMALL CAP said

    28th September 2011 at 12:02 am

    It is my experience that remuneration consultants are kept at arms length and engaged only for specific purposes (eg reviewing remuneration structure, market comparator data, rule changes). Therefore attendance and paper distribution is linked to a specific purpose and not a matter of course. Those matters are relatively infrequent, and the general content of most meetings (individual awards, inclusion/exclusion of individuals in schemes, actual performance against target) do not involve the consultants.

    • FTSE SMALL CAP said

      28th September 2011 at 12:02 am

      Answer to both is no, not a matter of course, although RemCo would expect to see consultants at least annually at one meeting, and possibly more depending on work being done.

      • FTSE 250 said

        28th September 2011 at 12:02 am

        We do not send papers to the advisors as a matter of course but only where the paper relates to a matter on which they have been working. Similarly they would only attend a meeting to speak to a particular matter.

        • FTSE SMALL CAP said

          28th September 2011 at 12:02 am

          Consultants are very rarely invited to attend the Remco. Normally we ask for papers and give feedback and instructions after the meeting.

          • FTSE 250 said

            28th September 2011 at 12:02 am

            we do send the papers to the remuneration advisers as generally they have something to contribute. However, they do not attend all remuneration committee meetings; only those where they have a topic to present, or a discussion in which their input is sought. Of the 4 meetings each year, they may only attend one or two of them..

            • FTSE 250 said

              28th September 2011 at 12:01 am

              No and no.

              • FTSE 250 said

                28th September 2011 at 12:01 am

                No to both questions.

                • FTSE 250 said

                  28th September 2011 at 12:01 am

                  We do not send Remco papers to our remuneration consultants.

                  Advice is generally obtained on an ad hoc basis, usually in the form of a written report, in some instances preceded by a meeting with the Remco chairman.

                  • FTSE 100 said

                    28th September 2011 at 12:01 am

                    We involve our remuneration consultants once we have discussed agenda and papers internally. We obtain advice on specific issues on the agenda and usually invite them to attend the Remco meeting by phone.

                    • FTSE 250 said

                      28th September 2011 at 12:01 am

                      Yes we send papers and minutes to our advisers and yes they attend all Remco meetings.

                      • FTSE 250 said

                        28th September 2011 at 12:01 am

                        No we don’t. We do share extracts that are relevant but the minutes contain other things that we regard as confidential to the Company.

                        Our consultants only attend meetings as required but then we don’t spend a lot of money with them on a regular basis.

                        • FTSE 100 said

                          28th September 2011 at 12:01 am

                          The remuneration consultants are invited to all meeting of the committee and receive all meeting papers.

                          • FTSE 250 said

                            28th September 2011 at 12:00 am

                            We do not sent any papers to the consultants as a matter of course. Only if requested by the Committee. The consultants only attend by invitation.

                            • FTSE 100 said

                              28th September 2011 at 12:00 am

                              0

                              • FTSE 250 said

                                28th September 2011 at 12:00 am

                                We don’t send anything as a matter of practice. They attend meetings at the invitation of the Chairman when specific items (generally those on which they have advised) are discussed.

                                • FTSE 250 said

                                  28th September 2011 at 12:00 am

                                  We send Remco mintues only. Concultants attend as and when requested.

                                  • FTSE 100 said

                                    28th September 2011 at 12:00 am

                                    Yes to both questions.

                                    • FTSE 100 said

                                      28th September 2011 at 12:00 am

                                      Yes and yes.
                                      By choice of the RemCo.

                                      Sections

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

                                      Recent Notices

                                      • TCFD advisors / agencies

                                        TCFD advisors / agencies

                                        2nd May 2022
                                      • Board portals

                                        Board portals

                                        2nd May 2022
                                      • E-learning training platforms for Group employees

                                        E-learning training platforms for Group employees

                                        30th April 2022
                                      • Permissions to Deal when transferring shares to an ISA

                                        Permissions to Deal when transferring shares to an ISA

                                        13th March 2022
                                      • Shareholder mailing preferences

                                        Shareholder mailing preferences

                                        22nd February 2022

                                      Contact Equity Communications

                                      Address:

                                      The Lodge,
                                      88 Katherine Road,
                                      Birmingham,
                                      B67 5RF

                                      Registered in England and Wales No. 04951030.

                                      • Blog
                                      • UK Board Evaluations
                                      • UK Corporate Governance

                                      © 2022 · Equity Communications 2015 ·· Site Designed & Built by Midland Web Solutions