PAYMENT OF NON-EXECUTIVE DIRECTORS IN SHARES
Barbara Allen and Elizabeth Bayliss, Ashurst LLP
A number of UK companies currently pay their non-executive directors in a mixture of cash and shares, or occasionally wholly in shares, with NEDs usually being required to maintain their shareholdings at least until they leave the board. In this article, Barbara Allen and Elizabeth Bayliss of law firm Ashurst LLP look at the pros and cons of paying NEDs in shares, and whether both listed and unlisted companies should go a step further and grant share options or other share-based awards to NEDs. They also outline the way such remuneration is....
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CORPORATE GREED - CAN STAKEHOLDER BOARDS OFFER A BETTER WAY OF DOING BUSINESS?
Nick Isles, Corporate Agenda
The blame for current disasters in the global financial markets is being laid by some commentators squarely at the door of remuneration committees that have failed to link pay and performance. In this article, Nick Isles of Corporate Agenda examines ways of avoiding a boom-bust repeat and makes a call for action.

The current global economic downturn triggered by the credit crunch is as much a morality tale as a story of economic failure. The greed of a small cabal of a few hundred so-called masters of the universe increased the level of....
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REMUNERATION UNDER FSA SPOTLIGHT – AND NOT JUST FINANCIAL SERVICES
The UK regulatory authority has issued a statement in the form of a letter from its chief executive about remuneration, taking the view that “there is widespread concern that inappropriate remuneration schemes, particularly but not exclusively in the areas of investment banking and trading, may have contributed to the present market crisis” and saying that “it would appear that in many cases the remuneration structures of firms may have been inconsistent with sound risk management. It is possible that they frequently gave incentives to staff.... MORE

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EXECUTIVE COMPENSATION NEWS
October 2008

AIG FREEZES EXECUTIVE COMPENSATION American International Group will freeze $619 million in compensation for executives, including.... MORE
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KPMG SURVEY SHOWS EMPLOYERS’ CONCERNS OVER NON-DOMS LEGISLATION Multinationals with globally mobile employees are adopting a wait and see approach to their policy.... MORE
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MORE FDS GET BIGGER BONUSES Accountancy Magazine’s latest survey of the pay of the finance directors in the FTSE 100 companies.... MORE
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RECOMMENDATIONS FROM PIRC Remuneration is a concern for PIRC at drinks giant Diageo. Combined remuneration has historically.... MORE
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SHAREHOLDERS QUESTION GOYDER’S BONUS Australian conglomerate Wesfarmers recently announced pay rise for chief executive Richard Goyder,.... MORE
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THIS MONTH'S TOP TIPS EXECUTIVE COMPENSATION BRIEFING ...
NEDs - the FTSE 250 do well more

Performance metrics - where does your company fit on the chart? more

LTIPs in France - use the favourable new rules more

Monthly updating and guidance on:
  • Benchmarking, corporate governance
  • Disclosure and reporting
  • Pensions, taxation
  • Incentives, options, share schemes
  • Essential reading for:
  • Chairmen, CEOs, FDs, Company Secretaries
  • Remuneration Committees and other NEDs
  • Senior HR and Comps and Bens Managers
  • Professional advisers and consultants
  •