In our last issue we concluded that vesting conditions, if any, can be dealt with as part of the calculation of the numbers of rights to be granted. Here we discuss a formula for those calculations to deliver a given remuneration value.
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GRG is a consulting firm that exclusively advises employers on employee pay and incentives for non-executive directors, top executive directors and other employees. GRG does not provide personal financial product advice and does not advise individuals or consumers of investment advice or the management of financial products such as shares or interests in superannuation funds or managed investment schemes.