June 9th 2015

The UK plc Remuneration Committee: its evolving purpose, effectiveness and challenges

The job of the Remuneration Committee, and especially its Chair, is a formidable one. They have to reward top executives fairly against a backcloth of increasing regulation, continued public criticism of executive pay and an uncertain economy. They also have to balance the different interests and opinions of the CEO on the one hand and investors on the other.

This PARC research report examines the following areas:

  • The evolving purpose and focus of RemCos in UK quoted companies.
  • Effective practices and areas where improvement is needed.
  • The key challenges for RemCos over the next few years, with questions for further debate.

The study is based largely on the views and experiences of RemCo Chairs themselves, with inputs also from leading RemCo advisers, HR Directors and Heads of Reward.

This resource is available to PARC members only. To access, please log in with your username and password.

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.

Register Interest OR

You May Also be Interested in

March 28th 2016

Post-Meeting Review Notes: Mind the Gap - what's new with equal pay?

These post-meeting review notes summarise the member forum held on 17 March 2017, where we looked at the issues surrounding equal pay and the recent developments in legislation.

Read Post Meeting Review

May 3rd 2017

The Reform of Executive Pay - Interview with Alex Edmans

In this interview with Alex Edmans, Professor of Finance at London Business School, we are looking at the issue of executive reward

Watch Video

May 8th 2017

The Reform of Executive Reward

The recent PARC meeting focused on the following problem areas within executive reward: - the quantum of overall pay - the design of reward plans - the governance framework within which it operates.

Read Post Meeting Review

June 22nd 2017

Incentives for Motivation and Performance: Current practice and future direction

PARC last looked comprehensively at incentive reward in 2010, in conjunction with WorldatWork.

View Research

June 30th 2017

Incentives - What is their role in improving performance?

Where does the debate about the rights and wrongs of incentive structures stand now, and do we really understand what works and why – or why not? And where are we heading?

Read Post Meeting Review

December 5th 2017

2018 PARC Programme

Our 2018 PARC Programme sets out the topics we will be discussing in the coming year, all of which are relevant to the wider business agendas of members and the continuing success of their organisations.

  • Tags
  • Contracts
Read Event Document