Our Insights on: remuneration policy & market competitiveness; benchmarking; two strikes risk assessment and advice; competitor analysis; incentive design & documentation; regulatory issues management; termination provisions & integration.
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30A first look at TSR Alpha
Aug 2011
The article provides an introduction to a new concept that may be used in relation to vesting of executive long term incentives ...
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29Retirement Benefits and Approval by Shareholders
Jun 2011
Under legislation passed in 2009, shareholder approval is required for retirement benefits for executive and managerial officers when the total benefit exceeds one year's base salary ...
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26Governance changes regarding remuneration consultancy (pre passing of bill)
Feb 2011
New government legislations propose changes to the "two strikes test", places restrictions relating to remuneration consultants, prohibits KMP voting and remuneration hedging ...
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25Market Exercise Price Options & Taxation (post ESS tax changes)
Nov 2010
MEPOs are options with an exercise price set at approximately the market share price at the time the options are granted. The potential tax problems arose from options in some circumstances having taxable values at the taxing point that are greater than the accrued benefit (excess of share price over the exercise price)...
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24Options, Rights and Taxation (post ESS tax changes)
Sep 2010
As many companies have recently reviewed their equity plans (plans involving the granting of shares, options and/or rights) it is timely to highlight the issues that have emerged and comment on the approaches being taken in the light of the new employee shares scheme (ESS) taxing and termination payment limit provisions...
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23AGM Voting Patters on Remuneration Motions (Pre Two Strikes)
Jun 2010
Changes that are to be implemented as a result of recommendations of the Productivity Commission mean that Boards will need to even more carefully consider the likely views of shareholders when making decisions in relation to director and top executive remuneration ...
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22The Productivity Commission on Executive Remuneration
Mar 2010
Two important releases have recently been made in relation to corporate governance and executive remuneration in Australia...
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21Key APRA Guidelines
Mar 2010
Companies regulated by APRA have been busy implementing Australian Prudential Regulation Authority (APRA), Prudential Practice Guide PPD 511 Remuneration, dated 30 November 2009. Whilst compliance is only required for APRA-regulated companies we believe...
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202009 ESS Taxing Provisions Update
Nov 2009
On 21 October 2009 the new employee share scheme taxing provisions were introduced into Federal Parliament. Given the extended period over which the legislation has been developed it is hoped that there will be no further changes before it is enacted ...
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19LTI Review Checklist
Oct 2009
2009 has been a challenging year in relation to executive long term incentive plans due to uncertainty around the taxation treatment of employee share scheme (ESS) benefits ...