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So far Administrator has created 163 blog entries.

A Comparison of Remuneration Databases: Navigating Executive Compensation Trends with GRG

152

2 November 2023

There is now a need to seek alternative sources of current remuneration data beyond the ‘disclosed’ to include the ever-growing population of non-disclosed executive data.  We compare the five main approaches to populating remuneration databases in which client companies can have a high level of confidence.

New Employee Share Scheme Regulatory Framework Finalised

150

15 August 2023

In 2022, hastily drafted amendments to the Corporations Act tried to address long-standing problems with the regulation of Employee Share Schemes (ESS). The new Division 1A of Part 7.12 only partly succeeded. After lobbying by GRG and others, substantial changes were made. This insight provides a summary of the final framework and key outcomes, actions and issues.

Boards Must Receive Fee Recommendations

149

13 August 2023

Boards are always in a conflicted position with remuneration. NEDs are both the decision makers and the beneficiaries of those decisions, while they must consider good governance and their legal obligations. This Insight discusses why boards must receive fee recommendations from an independent remuneration consultant.

Tips for KMP Remuneration Benchmarking in 2023

148

11 July 2023

Two key components of annual KMP remuneration reviews are information on current market practices – so directors know the environment and can be confident they've acted reasonably – and recommendations from independent remuneration consultants (ERCs). This Insight discusses these and other issues critical to remuneration reviews.

Why Share Appreciation Rights (SARs) Will Replace Options and Share Purchase Loan Plans

147

19 May 2023

Options, SARs and SPLPs are valuable instruments for companies expecting significant future share price growth. However recent updates to ESS provisions reclassify them as “contribution plans" imposing strict limits and significant regulatory and disclosure requirements. Any company currently operating or considering an option plan should look at switching to SARs.

NED Equity: Facilitating More Skin-in-the-Game for Directors

146

3 April 2023

This Insight discusses various recent views on NED equity holding policies such as the "2 in 2"; that equity interests must be purchased on joining the Board, possibly with an interest-free company loan; the consequences of misconfiguration of NED equity; and undermining NED independence through the use of options.

Latest Market Insights into Incentive/Variable Remuneration Trends

144

8 November 2022

Each year GRG analyses the senior executive incentives practices of the ASX300 and publishes the results in the Variable Remuneration Guide to help clients determine whether a deeper strategic review may be needed. We highlight some of the key findings from the latest edition.
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