Executive pay

Executive pay has been a hot topic for some time, particularly in relation to UK incorporated quoted companies. The UK Government consulted on ways to strengthen the link between pay and performance and addressed the issue through greater transparency, enhanced shareholder voting rights and more diversity in board rooms. Reforms to the executive remuneration framework took effect from October 1, 2013 but it continues to be an issue at many AGMs. A number of organisations have considered the issue of executive remuneration and bodies representing institutional investors have their own guidelines on executive pay and performance, severance pay, golden parachutes and executive compensation generally.

Executive remuneration framework

Institutional investor guidance

Other reports and developments