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As this year's public company reporting season comes to a
close, the following trends in executive remuneration across
various industries stand out:
Modest or nil increases in fixed remuneration for executives
with some companies electing not to increase fixed remuneration for
the third consecutive year;
Increases in short term incentive deferral practices and/or
other changes to STI structure;
Significant changes to terms of long term incentives. For
example, lengthening performance testing periods and mechanisms for
rating performance for the purposes of initial LTI allocation or
grant.
Unsurprisingly, organisations have also continued to review and
monitor their remuneration structures, with several opting to
decrease weighting towards STI and increase weighting of LTI.
[In our next Director Dashboard blog we'll discuss more
specific trends in executive remuneration in the superannuation
industry.]
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
