June 27th 2016
Post-Meeting Review Notes: The Changing Performance and Remuneration Landscape – a glance in the rear view mirror
The cyclical nature of Performance and Reward activities, the need to deal with the next deadline or respond to the next damaging headline often detracts from time available to reflect on what might be coming along in the future.
Our keynote spekaer, Vince Cable, recalled his time as Secretary of State for Business, Innovation and Skills in the coalition government and why the question of executive pay became so toxic and difficult in the middle of the economic crisis around 2010.
Stephen Cahill noted a survey on executive compensation suggested that 80% of respondents felt that executive pay contributed to the financial crisis, but only 20% felt it was a problem in their company.
These post-meeting review notes summarise the PARC member discussion held on 23 June 2016 with key questions raised during the meeting.
PARC members can download the notes by logging in with their username and password on the website. If you are not a member and are interested in joining, please contact Richard Hargreaves on richard@parcentre.co.uk to find out more about PARC.
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If you are not a member of the PARC network and are interested in membership please contact Richard Hargreaves, Commercial Director, on +44 (0) 20 3457 2630 or at richard@parcentre.co.uk.
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