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.
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